Hindenburg bet against India’s Adani puzzles against US short sellers
Feb.1 (Reuters) – When Hindenburg Research revealed a short position in Adani Group last week, some US investors said they…
Adani waives $2.5 billion share sale as major blow to Indian tycoon
NEW DELHI, Feb. 1 (Reuters) – Flagship Gautam Adani called off its $2.5 billion share sale on Wednesday in a…
Biden wants to cut U.S. credit card fees and app fees
WASHINGTON, Feb. 1 (Reuters) – The White House unveiled new efforts on Wednesday to reduce late credit card charges and…
India increases spending in final pre-election budget
NEW DELHI, Feb. 1 (Reuters) – The Indian government on Wednesday announced a budget of $550 billion for the next…
Gautam Adani loses Asia’s richest krone as share price plunge deepens to $84 billion
BENGALURU, Feb. 1 (Reuters) – Indian magnate Gautam Adani lost his title of Asia’s richest person on Wednesday as a…
US requests Tesla driver-assist documents; company raises capex forecast
WASHINGTON, Jan. 31 (Reuters) – Tesla Inc (TSLA.O) announced on Tuesday that the US Justice Department has sought documents related…
Adani’s crucial share sale 85% subscribed as institutions pumped funds
MUMBAI, Jan. 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale moved closer to full subscription on Tuesday…
Exclusive: Bed Bath & Beyond is preparing to file for bankruptcy as early as this week
NEW YORK, Jan. 30 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) is gearing up to seek bankruptcy protection as…
US court rejects J&J bankruptcy strategy for tens of thousands of talk cases
30 Jan. (Reuters) – A US appeals court has overruled Johnson & Johnson’s (JNJ.N) attempt to bankrupt tens of thousands…
New Zealand charges costs of flooding in Auckland, more rain forecast
WELLINGTON, Jan. 30 (Reuters) – Flood-ravaged Auckland is expected to receive more heavy rain in the coming days, authorities in…