Hindenburg shorts India’s Adani Group, flags debt and accounting issues

Hindenburg shorts India’s Adani Group, flags debt and accounting issues

BENGALURU, Jan 25 (Reuters) – Hindenburg Research said on Wednesday it holds short positions in Indian group Adani, accusing the conglomerate of extensive and abusive use of entities based in offshore tax havens and raising concerns about the level high debt. The report, which comes days before a $2.5 billion share offering by flagship Adani … Read more

High egg prices should be investigated, US farm group says

High egg prices should be investigated, US farm group says

Jan 19 (Reuters) – The Federal Trade Commission (FTC) should review high egg prices for signs of price hikes from major egg companies, a farming group said, as Americans continue to paying more than ever for basic household food. U.S. regulators, farmers and industry have often argued in recent years over the power of big … Read more

More than 50 injured in Peru as protests cause ‘national chaos’

More than 50 injured in Peru as protests cause ‘national chaos’

LIMA, Jan 20 (Reuters) – Dozens of Peruvians were injured after tensions erupted again on Friday night as police clashed with protesters during anti-government protests that are spreading across the country. In the capital Lima, police used tear gas to repel protesters throwing glass bottles and rocks as fires burned in the streets, local television … Read more

Here’s what Twitter lost in ad revenue in the final months of 2022

Here’s what Twitter lost in ad revenue in the final months of 2022

NEW YORK/LONDON, Jan 20 (Reuters) – Top advertisers on Twitter cut spending after the Elon Musk takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the top source. of business income. According to Pathmatics estimates, fourteen of the top 30 advertisers on Twitter ceased all advertising on the … Read more