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[ad_1] LONDON — Public sector workers on strike, the cost-of-living climbing, and a government on the ropes. “It’s hard to miss the parallels” between the infamous ‘Winter of Discontent’ of 1978-79 and Britain in 2023, says Robert Saunders, historian of modern Britain at Queen Mary, University of London. Admittedly, the comparison only goes so far….
[ad_1] Global growth is slowing down less than previously expected, the International Monetary Fund said Tuesday in its updated World Economic Outlook. World output is set to grow by 2.9 percent this year, down from 3.4 percent in 2022, weighed down by tightening monetary policy and the war in Ukraine. That’s an increase of 0.2…
[ad_1] India’s Gautam Adani, Asia’s richest man, faces possibly the biggest challenge of his career after a U.S. short seller, Hindenburg accused Adani conglomerate of stock manipulation and accounting fraud. Adani Group responded Hindenburg report with an over 400-page data, the group led by Gautam Adani called all the allegations “unsubstantiated” and “misleading”. However, despite the…
[ad_1] New Delhi: The maliciously mischievous, unresearched report published by Hindenburg Research on January 24 has adversely affected the Adani Group, our shareholders and investors, the Adani Group said in a statement on Thursday. “The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for…
[ad_1] Chairman of Adani Group, Gautam Adani Hindenburg Research disclosed short positions in the Adani Group on Wednesday, accusing the conglomerate of the improperly wide use of businesses established in offshore tax havens and expressing worry about excessive debt levels. The revelation, which comes just days before Adani Enterprises’ (ADEL.NS) $2.5 billion share sale, sent…