Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Aditya Kalra and Jayshree P Upadhyay and Aditi Shah Published Feb 01, 2023 • 3 minute read Join the conversation Article content NEW DELHI — Gautam Adani’s flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Lisa Baertlein Published Feb 01, 2023 • 2 minute read Join the conversation Article content LOS ANGELES — FedEx Corp on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Lewis Krauskopf and Yohann M Cherian and Shreyashi Sanyal Published Jan 31, 2023 • 2 minute read Join the conversation Article content NEW YORK — Major U.S. stock indexes rose on Tuesday as labor cost data encouraged investors about the Federal Reserve’s aggressive […]
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 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 Economy PMN Business Author of the article: Reuters Ron Bousso Published Jan 18, 2023 • 2 minute read Join the conversation Article content LONDON — The British North Sea’s biggest oil and gas producer Harbour Energy told its staff that it plans job cuts in the wake of a windfall tax […]
Article content MILAN — Italian asset manager Azimut expects to post a small loss on its business venture with UniCredit this year, but believes it will pay off in the longer term, its chairman said on Wednesday. “It’d be surprising if it didn’t show a slight loss for 2023 but there are doubtlessly profits ahead,” […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Shubham Batra and Amruta Khandekar Published Jan 12, 2023 • 2 minute read Join the conversation Article content Wall Street’s main indexes rose in choppy trade on Thursday as cooling inflation supported bets of smaller interest rate hikes by the Federal Reserve, though […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Eric Onstad Published Jan 10, 2023 • 2 minute read Join the conversation Article content LONDON, Jan 10 (Reuters) – Copper prices extended their gains on Tuesday, touching the highest in 6-1/2 months as investors bet the reopening of China combined with fresh […]