BENGALURU (Reuters) -Indian shares struggled for direction on Thursday as the week-long rout in Adani Group stocks persisted, erasing $100 billion in market value and hurting sentiment. The Nifty 50 index closed 0.03% lower at 17,610.40, while the S&P BSE Sensex rose 0.38% at 59,932.24. Thirty of the Nifty 50 constituents fell in a volatile …
Indian shares struggle for direction as Adani rout deepens Read More »
MADRID (Reuters) – Pushing her son on a swing at a playground on a sunny winter’s day in Madrid, former Afghan prosecutor Obaida Sharar expresses relief that she found asylum in Spain after fleeing Afghanistan shortly after the Taliban took over. Sharar, who arrived in Madrid with her family, is one of 19 female prosecutors …
Afghan women prosecutors once seen as symbols of democracy find asylum in Spain Read More »
By Aftab Ahmed, Chris Thomas and Aditya Kalra NEW DELHI/MUMBAI (Reuters) – Adani’s market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the Indian group’s flagship firm abandoned its $2.5 billion stock offering. Another challenge for Adani on Thursday came when S&P Dow Jones Indices said …
Adani’s market losses top $100 billion as crisis shockwaves spread Read More »
BENGALURU (Reuters) – Agricultural chemicals maker Coromandel International Ltd reported a better-than-expected rise in third-quarter profit on Thursday, as demand for its products was bolstered by healthy sowing, above average monsoon and firm crop prices. The company’s consolidated net profit after tax rose 38.1% to 5.27 billion rupees ($64.24 million) from a year earlier, while …
India’s Coromandel Int’l Q3 profit beats view on robust demand Read More »
BENGALURU (Reuters) – Indian household appliance maker Crompton Greaves Consumer Electricals Ltd reported a bigger-than-expected 43% slump in third-quarter profit on Thursday, hit by muted demand for its fans and LED lighting products and soaring costs. Consolidated net profit fell to 852.5 million rupees ($10.38 million) for the three months ended Dec. 31, from 1.48 …
India’s Crompton’s misses Q3 profit view as inflation dents demand Read More »
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday joined former President Bill Clinton to mark the 30th anniversary of the 1993 law that allows Americans to take unpaid medical leave, and vowed to keep fighting for paid leave for all Americans. The Family and Medical Leave Act, the first …
Biden calls for expanded federal medical leave, paid benefits for workers Read More »
WASHINGTON (Reuters) -U.S. lawmakers are calling for the Department of Energy to release documents detailing the targeting of American nuclear laboratories by Russian hackers last year. The call – issued Thursday by the Republican chairmen of the House of Representatives’ oversight and science committees – follows a Reuters report last month that the Russian hacking …
U.S. lawmakers ask for documents on Russian hackers targeting nuclear labs Read More »
KHARTOUM (Reuters) -Israel and Sudan have finalised a deal to normalise relations, with a signing ceremony expected following a transfer of power from the military to a civilian government in Khartoum, the Israeli foreign ministry said on Thursday. Sudan’s foreign ministry earlier said the deal was agreed during a visit by Israeli Foreign Minister Eli …
Israel, Sudan announce deal to normalise relations Read More »
BENGALURU (Reuters) – India’s National Stock Exchange on Thursday said it has placed on additional surveillance shares of Adani Enterprises, Adani Ports and Ambuja Cements. Investors will have to pay 50% or existing margin, whichever is higher, subject to cap of 100%, the exchange said, following a rout in the shares of companies of Adani …
India’s NSE puts trades in some Adani firms under additional watch Read More »
By Richard Martin MANCHESTER, England (Reuters) -Manchester United forward Mason Greenwood has had all criminal charges against him dropped, police and prosecutors said on Thursday. Greenwood, who was suspended by United in January 2022 when accusations against him surfaced on social media, was charged with attempted rape, controlling behaviour and assault last October. He had …
Soccer-Man United’s Greenwood has all charges against him dropped Read More »
