Article content NEW YORK — An advocacy group focused on the impact of debt markets on climate change called on Monday for major bond investors to shun India’s Adani Group, saying a critical report by a short-seller had undermined confidence in the company’s governance. U.S. firm Hindenburg Research prompted a multi-billion-dollar sell-off in the Indian […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Jayshree P Upadhyay and Aditya Kalra and Aditi Shah Published Jan 29, 2023 • 3 minute read Join the conversation Article content NEW DELHI — India’s Adani Group issued a detailed response on Sunday to a Hindenburg Research report that sparked a $48 […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Anna Ringstrom and Marie Mannes Published Jan 29, 2023 • 2 minute read Join the conversation Article content STOCKHOLM — IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has […]
Breadcrumb Trail Links PMN Economy PMN Business Article content NEW DELHI — Gautam Adani faces a critical day on Monday with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in the Indian billionaire’s stocks which was sparked by a U.S. short seller’s report. Seven listed companies […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Aditya Kalra and Aditi Shah and Jayshree P Upadhyay Published Jan 29, 2023 • 2 minute read Join the conversation Article content NEW DELHI — India’s Adani Group issued a detailed response on Sunday to a Hindenburg Research report that sparked a $48 […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Michael Liedtke Published Jan 29, 2023 • 5 minute read Join the conversation Article content SAN FRANCISCO (AP) — Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Michael Liedtke Published Jan 28, 2023 • 3 minute read Join the conversation Article content Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in […]
Article content DUESSELDORF — German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview. “In 2022, we had a very good year, a record year,” he said, saying that the fourth quarter would even beat good third […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Gavin Jones Published Jan 28, 2023 • 2 minute read Join the conversation Article content ROME/TRIPOLI — Italian energy company Eni and Libya’s National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Mrinmay Dey and James Davey Published Jan 28, 2023 • 2 minute read Join the conversation Article content LONDON — British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and 276 workers made redundant. A […]