Finance

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

Adani’s crucial share sale 85% subscribed as institutions pump in funds

Indian billionaire Gautam Adani's $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds…

3 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Exclusive: Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

Blackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to…

3 years ago

Swedish inflation runs red hot in December, raising pressure on Riksbank

Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome…

3 years ago

Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps

Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant…

3 years ago

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Dollar hits four-week peak on resilient U.S. jobs market

The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that…

3 years ago

Goldman Sachs dealmakers see M&A recovery in second half of 2023

Goldman Sachs Group Inc's top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half…

3 years ago

Exclusive: L3Harris nears $4.7 billion deal to acquire Aerojet Rocketdyne

L3Harris Technologies Inc is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc, 10 months…

3 years ago