Adani Enterprises calls off €2.2 billion share sale, citing ‘market volatility’
03 February 2023 | 11:31 am
The Adani Group conglomerate has seen tens of billions of euros wiped off its market value since a short-seller's report accused it of pulling "the largest con in corporate history" last week. It has now cancelled a €2.2 billion ($2.5 billion) share sale meant to help reduce debt levels. Billionaire founder Gautam Adani maintains that the "fundamentals" of the group are "strong".
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5 Sep 2020
China has updated its list of technologies that are banned or restricted for export, complicating the looming sale of social media platform TikTok. TikTok's Chinese owner ByteDance has been forced to seek a US buyer after US President Donald Trump signed an executive order effectively banning the app over national security concerns. So far, Oracle and a partnership between Microsoft and Walmart have thrown their hats into the ring to buy up the wildly popular video-sharing app.
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Here are a few reasons to pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on Monday.
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Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
8 Feb 2021
Blink and you could easily miss it. Wedged between a doctor's surgery and a hairdressing salon, London's thinnest house is only identified by a streak of dark blue paint. But the five-floor house in Shepherd's Bush -- which is just 5ft 6ins (1.6 metres) at its narrowest point -- is currently on the market for £950,000 ($1.3 million, 1.1 million euros).
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Here are a few reasons to pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on Monday
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Several major banks are set to lose billions of dollars over links to the hedge fund Archegos, after financial troubles at the firm sparked a massive sell-off of shares. Nomura and Credit Suisse have said they will suffer significant losses, which caused their share prices to plunge on Wall Street on Monday. Archegos was backed by former star trader Bill Hwang. Also today, we look at how the wine industry in Argentina has seen rising sales during the pandemic.
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Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
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The World Health Organization has recommended halting sales of live wild animals to avoid transmitting diseases. Australia will not buy J&J vaccine. England starts Moderna rollout. Follow DW for the latest.
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