Archive of Financial Markets
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‘Another big one’: Short seller Hindenburg says after explosive Adani allegations
Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped ... Financial Markets -
Kuwait’s Agility awarded $1.65 bln in dispute with Iraq’s Korek Telecom
Kuwaiti logistic firm Agility said on Tuesday one of its subsidiaries and an affiliate have been awarded $1.65 billion in damages in an arbitration ... Financial Markets -
UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets
UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses, in a ... Banking & Finance -
UBS agrees to buy Credit Suisse for more than $2 bln: Report
UBS has agreed to buy Swiss banking giant Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday, as ... Banking & Finance -
Tata Consultancy declines after CEO resigns in surprise move
Rajesh Gopinathan resigned his post as the chief executive officer of Tata Consultancy Services Ltd., a surprise move that followed a six-year tenure ... Financial Markets -
Dubai’s first IPO of the year sells out in under an hour
The Dubai initial public offering of remittances and money exchange firm Al Ansari Financial Services received orders for all shares offered within an ... Financial Markets -
Russian ruble soars as US banking intervention hurts dollar
The Russian ruble shrugged off slumping oil prices to rise sharply against the dollar on Monday as US authorities launched emergency measures to shore ... Economy -
JLR owner Tata seeks to sell engineering unit stake in India IPO
Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker Tata Motors Ltd. ... Financial Markets -
Vanguard says Erdogan loss would make Turkey bonds loved again
One of the world’s biggest investors sees lots of potential in Turkey’s long-shunned bond market — if only President Recep Tayyip Erdogan loses an ... Financial Markets -
Egypt offers new ways foreign investors can buy citizenship to attract vital dollars
Egypt announced Wednesday it is offering citizenship to foreign investors willing to spend at least $250,000 in the country, as it struggles to fill ... Economy