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Archive of Business

  • Adani Enterprises shares rise but other group stocks plunge after short-seller attack

    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

    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

    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 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’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 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 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 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

    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

    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
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