Archive of Business
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Adani Enterprises shares rise but other group stocks plunge after short-seller attack
Shares in India’s Adani Enterprises rose as much as 9.5 percent on Monday but those of several other group companies plunged for the third straight ... Business -
Qatar joins TotalEnergies, Eni for stake in Lebanon gas blocks
QatarEnergy signed an agreement with TotalEnergies SE and Eni SpA to search for natural gas in Lebanese waters, including in a previously-contested ... Energy -
Italy’s PM Meloni holds talks in Libya as Eni signs $8 bln energy deal
Prime Minister Giorgia Meloni visited Libyan capital Tripoli on the occasion of the signing of an $8-billion energy deal for Italian oil giant Eni SpA ... Economy -
Pakistan govt lifts petrol, diesel prices before visit by IMF mission
Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after the country’s currency ... Economy -
FTX’s Sam Bankman-Fried denies US witness tampering claim
FTX co-founder Sam Bankman-Fried’s lawyer insisted Saturday his client didn’t seek to influence a witness in the US government’s fraud case against ... Business -
China’s smartphone shipments last year the lowest in 10 years: IDC report
China’s smartphone sales fell 13 percent year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market ... Technology -
Adani denies report bankers mulling delay on its $2.5 bln flagship share sale
Adani Enterprises Ltd. denied reports it was mulling delaying or cutting the price of its $2.5 billion share sale after the conglomerate’s shares ... Business -
Amazon will start charging Prime members for grocery orders of less than $150
Amazon.com Inc. will start charging fees to online shoppers for grocery orders of less than $150, underscoring the challenging economics of getting ... Technology -
UK airline Flybe stops trading, cancels all flights
British airline Flybe said Saturday it had ceased trading and all flights had been canceled.“We are sad to announce that Flybe has been placed into ... Business -
Biden wins deal with Netherlands, Japan on China chip export limit
US President Joe Biden’s administration secured an agreement with the Netherlands and Japan to restrict exports of some advanced chipmaking machinery ... Technology