sustainable business

India's Adani has been criticized for losing $45 billion in shares, which has clouded a record share sale.

Adani forgoes selling shares worth $2.5 billion in a huge blow to the Indian businessman

NEW DELHI (Reuters) – Gautam Adani’s parent company canceled the sale of its $2.5 billion shares in a dramatic reversal on Wednesday after criticism of short sellers in the United States wiped billions more from the value of the Indian tycoon’s shares. The withdrawal of Al-Adani Company (ADEL.NS) The share offer is a stunning setback …

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Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

Leave a Comment / Business / By Niko

HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corporation (XOM.N) The company said on Tuesday that its net profit for 2022 amounted to $56 billion, and it made about $6.3 million per hour last year, setting not only a record for the company, but also a historic high for the western oil industry. Major oil companies …

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Unilever has appointed former Heinz exec Schumacher as chief executive officer

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To become CEO July 1 The activist contributor says she met Schumacher when he was at Heinz First outside CEO since Paul Pullman was appointed in 2008 Unilever shares are outperforming the FTSE 100 LONDON (Reuters) – Unilever appointed Hein Schumacher on Monday to replace Alan Job as chief executive from July, a move welcomed …

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The sale of Adani’s $2.5 billion shares faces a critical day after defeat

Leave a Comment / Business / By Niko

NEW DELHI (Reuters) – Gautam Adani faces a critical day on Monday as the auction day of the $2.5 billion sale of shares of his flagship company is overshadowed by a $48 billion drop in the Indian billionaire’s shares, which was triggered by a US short seller’s report. . Seven listed companies belonging to the …

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Adani replied to the Hindenburg, saying that he had submitted all that had been revealed

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Adani issued a 413-page rebuttal to the Hindenburg Report The short selling report in the US triggered a drop in Adani shares Al-Adani says he adheres to the laws, and the necessary disclosures Adani CFO is confident of the success of the $2.5 billion share sale NEW DELHI (Reuters) – India’s Adani Group on Sunday …

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Exclusive: Binance transferred $346 million to cryptocurrency exchange Bitzlato, according to data

Leave a Comment / Business / By Niko

LONDON (Reuters) – Blockchain data seen by Reuters shows that crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine.” The Justice Department said so on January 18th Bitzlato’s co-founder and majority shareholder was charged …

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Wall Street is rising, supported by the technological recovery

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Baker Hughes falls due to lack of fourth-quarter earnings estimates Activist investor Elliott Management is involved with Salesforce Potato chips on track for biggest daily gain since November Indices rose: Dow 0.98%, Standard & Poor’s 1.41%, Nasdaq 2.09%, NEW YORK (Reuters) – Wall Street jumped on Monday, propelled higher by technology stocks as investors kicked …

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