PARIS, Feb. 1 (Reuters) – Airbus (AIR.PA) The two companies said on Wednesday that it and Qatar Airways had settled a dispute over the grounded A350s, to avoid a possible trial in the United Kingdom after a violent 18-month dispute that tore the lid off the global aircraft market. “Amicable and mutually acceptable settlement” ends …
Airbus and Qatar Airways settle a bitter row over the A350 Read More »
Feb 1 (Reuters) – When Hindenburg Research revealed a short position in the Adani Group last week, some US investors said they were intrigued by the actual mechanics of trading it, because Indian securities rules make it difficult for foreigners to bet on companies there. The Hindenburg bet has been profitable so far. Its allegations, …
Hindenburg’s bet against Indian company Adani baffles short-selling rivals in the US Read More »
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 …
Adani forgoes selling shares worth $2.5 billion in a huge blow to the Indian businessman Read More »
BENGALURU (Reuters) – India’s Gautam Adani lost the title of Asia’s richest man on Wednesday, as his group’s shares plunged to $74 billion after a short-selling report. A report by Hindenburg Research last week alleged improper use of offshore tax havens while raising concerns about the high debt and valuations of seven Adani-listed companies. And …
MUMBAI (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion sale came close to being fully subscribed on Tuesday as investors poured cash after a turbulent week for his group, in which its shares plunged due to a scathing short-selling report. Sell secondary stock to Adani Enterprises (ADEL.NS) It was 85% subscribed on Tuesday, including the …
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 …
The sale of Adani’s $2.5 billion shares faces a critical day after defeat Read More »
The final 747 freighter will be delivered to Atlas Airlines More than five decades of commercial production ends Boeing nearly went bankrupt, before becoming a cash cow It’s easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan. 29 (Reuters) – The Boeing Company (prevention) The 747, the original and most aesthetically pleasing “Jumbo …
The Boeing 747, the original jumbo jet, is preparing for final dispatch Read More »
Collapsing for the second time in three years 276 workers were laid off by administrators About 75,000 customers have future bookings Affected by the delay in the delivery of aircraft Competitors see higher demand LONDON (Reuters) – British regional carrier FlyBe on Saturday suspended trading for the second time in three years, with all flights …
UK regional airline Flybe halts trading and cancels all flights Read More »
BENGALURU (January 25) (Reuters) – Hindenburg Research said on Wednesday it had held short positions in India’s Adani Group, accusing the group of improperly extensive use of entities set up in offshore tax havens and expressing concern about high debt levels. The report that comes days before a $2.5 billion Share offering by flagship company …
