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MUMBAI: Adani Group stocks have been falling relentlessly since the damning report by Hindenburg was published on January 24. Over Rs 12 lakh crore in terms of market capitalisation of the Adani scrips has been wiped out, but not all group stocks have fallen in sync. This is where the valuation of individual stocks comes...
As the economic crisis deepens and debt continues to increase in Pakistan the federal and provincial governments of the country have unanimously decided to shut markets by 8 PM across the country.   The decision has been taken as part of the country's efforts to conserve energy, said Pakistan's Planning Minister...
Elon Musk on Friday said he spoke with Italy’s culture minister, Gennaro Sangiuliano, about planning a cage fight with rival tech billionaire Mark Zuckerberg in Italy.   Musk said on his social media platform X, formerly Twitter, that he and Sangiuliano had agreed on an “epic location” for the fight, without...
A China-based hacking group intent on conducting espionage breached a series of email accounts linked to government agencies in Western Europe, according to Microsoft Corp.   Microsoft said the group that it identified as Storm-0558 was able to remain undetected for a month after gaining access to email data from around...
KUALA LUMPUR — Malaysia's Prime Minister Anwar Ibrahim said on Friday (July 14) that he held a virtual meeting with tycoon Elon Musk on electric car maker Tesla's foray into his country, as well as supplies of low-cost internet services. Mr Anwar, who is also finance minister, said Tesla would...
The International Monetary Fund’s executive board on Monday approved a $3 billion four-year extended financing arrangement for Sri Lanka, paving the way for immediate disbursement of about $333 million to the cash-strapped country. The IMF said the new Extended Fund Facility (EFF) arrangement program aims to restore Sri Lanka’s macroeconomic...
Huawei Technologies Co. has appealed Spanish government rules that might prevent the Chinese equipment maker from qualifying for state aid. Spain has pledged more than €500 million ($527 million) in aid to develop 5G networks in rural areas of the country, but said that some suppliers considered “high risk” would...
Google is exploring using artificial intelligence tools to write news articles and is in talks with news organisations to use the tools to assist journalists, a company spokesperson said late on Wednesday. The spokesperson did not name the publishers, but The New York Times reported that Google has held discussions...
Washington , February 27: Amid the growing conflict with the US, China is using its courts and patent panels to undermine foreign intellectual-property rights and help Chinese businesses, especially in technology, pharmaceuticals and rare-earth minerals, says American and EU officials, The Wall Street Journal reported. China leans on an array...
Twitter has not responded to a request for comment by Bloomberg News outside normal business hours.   Among those cut was Esther Crawford, one of the executives who had been in charge of Twitter Blue, the site's subscription service, Platformer's Zoe Schiffer said in a tweet Sunday.   In the days after Musk's...