Article content FRANKFURT — A London-based employee of advisory firm Perella Weinberg Partners under investigation for alleged insider trading has died by suicide, two people with knowledge of the situation said on Tuesday. “We are incredibly saddened by the tragic loss of our colleague,” Perella said in a statement, without giving details. Article content German […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Alexander Villegas and Monica Machicao Published Jan 30, 2023 • 4 minute read Join the conversation Article content LIMA/DESAGUADERO — In the Peruvian southern border town of Desaguadero, indigenous protester Adela Perez is defiant after almost eight weeks of deadly clashes that have roiled the […]
Article content Gold prices edged down slightly in choppy trade on Monday as investors looked ahead to the U.S. Federal Reserve policy meeting this week amid expectations of a slowdown in rate hikes. Spot gold inched 0.2% lower to $1,924.05 per ounce by 1:40 p.m. ET (1840 GMT). U.S. gold futures settled down 0.3% to […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters David Randall Published Jan 30, 2023 • 2 minute read Join the conversation Article content NEW YORK — U.S. Treasury yields edged higher on Monday at the start of a busy week of economic data Financial Post Top Stories Sign up to receive the daily […]
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 […]
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 […]