The memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook...
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Adani companies lost billions in market after a short-seller report accused the group of fraud.Indranil Aditya | Bloomberg | Getty ImagesStocks in the Asia-Pacific mostly fell on Monday as shares of Adani Group remained volatile after the conglomerate rebutted short seller firm Hindenburg's accusations of embezzlement and fraud.India's Nifty 50 Index traded 0.3% lower after…
Dollar tests 32-year peak to yen; Aussie, kiwi rise on rate bets
Most evidence points to a truck bomb, as Kyiv holds off on claiming responsibility for the attack...
THE ADANI GROUP underpins swathes of India’s economy. The family-controlled conglomerate’s businesses include airports, energy and natural resources, among other critical infrastructure. Its founder, Gautam Adani, is the world’s 14th richest man, worth some $72bn, according to Bloomberg. In terms of perceived ability to navigate India’s treacherous legal landscape and impenetrable red tape, he is…