FOOOTH

Adani market losses snowball to $100 bln on shelved share sale

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NEW DELHI, Feb 2 (Reuters) – India’s Adani group shares sank on Thursday after market turmoil pressured the conglomerate to axe an important $2.5 billion inventory provide, deepening its market losses to greater than $100 billion and sparking worries in regards to the potential systemic affect. The withdrawal of Adani Enterprises’ (ADEL.NS) share sale marked … Read more

Adani loses Asia’s richest crown as inventory rout deepens to $84 billion

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BENGALURU, Feb 1 (Reuters) – Shares in Indian tycoon Gautam Adani’s conglomerate plunged once more on Wednesday as a rout in his firms deepened to $84 billion within the wake of a U.S. short-seller report, with the billionaire additionally dropping his title as Asia’s richest individual. Wednesday’s inventory losses noticed Adani slip to fifteenth on … Read more

Adani’s essential share sale 85% subscribed as establishments pump in funds

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MUMBAI, Jan 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale inched nearer to full subscription on Tuesday as buyers pumped in funds after a tumultuous week for his group through which its shares have been pummeled by a scathing short-seller report. The secondary share sale of flagship Adani Enterprises (ADEL.NS) was subscribed … Read more

Hindenburg shorts India’s Adani Group, flags debt and accounting considerations

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BENGALURU, Jan 25 (Reuters) – Hindenburg Analysis mentioned on Wednesday it held quick positions in India’s Adani Group, accusing the conglomerate of improper intensive use of entities arrange in offshore tax havens and expressing concern about excessive debt ranges. The report, which comes days forward of a $2.5 billion share providing by flagship agency Adani … Read more

This is what Twitter misplaced in promoting income in remaining months of 2022

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NEW YORK/LONDON, Jan 20 (Reuters) – High advertisers on Twitter slashed their spending after Elon Musk’s takeover, in response to estimates compiled for Reuters by analysis agency Pathmatics, within the newest shock to the corporate’s dominant income supply. Fourteen of the highest 30 advertisers on Twitter stopped all promoting on the platform after Musk took … Read more

Greenback posts huge positive factors, U.S. shares buck international rally

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World shares edge up, however Wall Avenue drops Correlation with greenback softens Yen takes a breather from latest rally LONDON/NEW YORK, Jan 3 (Reuters) – The greenback headed for its largest one-day rise in over three months on Tuesday, whereas U.S. shares bucked a worldwide equities rally in a macro-packed week that would provide a … Read more

Apple and Amazon resume promoting on Twitter, reviews say

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Dec 3 (Reuters) – Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) are planning to renew promoting on Twitter, based on media reviews on Saturday. The developments observe an e-mail despatched by Twitter on Thursday to promoting businesses providing advertisers incentives to extend their spending on the platform, an effort to jump-start its enterprise after Elon … Read more

Elon Musk: Apple threatened to yank Twitter from App Retailer

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Nov 28 (Reuters) – Elon Musk accused Apple Inc (AAPL.O) of threatening to dam Twitter Inc from its app retailer with out saying why in a sequence of tweets on Monday that additionally mentioned the iPhone maker had stopped promoting on the social media platform. The billionaire CEO of Twitter and Tesla mentioned Apple was … Read more

Avian flu outbreak wipes out 50.54 mln U.S. birds, a report

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CHICAGO, Nov 24 (Reuters) – Avian flu has worn out 50.54 million birds in america this yr, making it the nation’s deadliest outbreak in historical past, U.S. Division of Agriculture information confirmed on Thursday. The deaths of chickens, turkeys and different birds characterize the worst U.S. animal-health catastrophe up to now, topping the earlier report … Read more

Buffett’s Berkshire discloses $4.1 billion TSMC stake

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Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) stated it purchased greater than $4.1 billion of inventory in Taiwan Semiconductor Manufacturing (2330.TW), , a uncommon vital foray into the know-how sector by billionaire Warren Buffett’s conglomerate. The information despatched shares in TSMC up greater than 6% in Taiwan on Tuesday, because it boosted investor sentiment … Read more