Exclusive: India’s Adani says $2.5 billion share sale on track even as bankers ponder changes

MUMBAI, Jan. 28 (Reuters) – A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on track at its planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes as a result of a market failure in the group’s shares. Bankers on the deal were considering extending the … Read more

India expects more clashes with Chinese troops in the Himalayas

NEW DELHI, Jan. 28 (Reuters) – A security assessment by Indian police in the Himalayan region of Ladakh says there could be more clashes between Indian and Chinese troops along their disputed border there as Beijing ramps up military infrastructure in the region. At least 24 soldiers were killed when the armies of the Asian … Read more

Exclusive: Top US Treasury official warns UAE and Turkey about sanctions evasion

WASHINGTON, Jan. 28 (Reuters) – The US Treasury’s top sanctions official will travel to Turkey and the Middle East next week to warn countries and companies that they could lose access to the US market if they do business with entities which are subject to US restrictions such as Washington. cracks down on Russian attempts … Read more

Ukraine calls on Hungarian envoy for ‘unacceptable’ comments by Orbán

Jan 27 (Reuters) – Ukraine’s foreign ministry will summon the Hungarian ambassador to complain about “completely unacceptable” comments Hungarian Prime Minister Viktor Orban made about Ukraine, Kiev said on Friday. The announcement marks a new low in ties between the two neighbours. Hungary has repeatedly criticized the European Union’s sanctions against Russia, saying they have … Read more

War in Ukraine: Fighting in the East and North escalates after tank pledges

Ukraine says it needs more weapons, calls for sanctions Western allies this week agreed to supply tanks Russia says US president holds key to ending fighting NEAR VUHLEDAR, Ukraine, Jan. 27 (Reuters) – Ukraine on Friday battled Russian forces attempting to breach its lines in the east and northeast, and artillery bombardments increased after Western … Read more

In Beijing’s backyard, the US demonstrates its military might

ABOARD THE NIMITZ, South China Sea, Jan. 27 (Reuters) – For several hours under a gray sky, dozens of fighter jets and helicopters roar in and out of the cockpit of the aircraft carrier Nimitz, in a demonstration of US military prowess in some of the world’s most humid waters. MH-60 Seahawk helicopters and F/A-18 … Read more

EV maker Lucid rises on report Saudi PIF to buy remaining stake

27 Jan. (Reuters) – Shares of Lucid Group (LCID.O) rose 43% on Friday, a drop in earnings after doubling market speculation that the Saudi Arabian Public Investment Fund (PIF) was looking to buy out the electric vehicle maker. The speculation stemmed from an “uncooked” warning attributed to deals website Betaville, which used the term for … Read more

Israel attacks Gaza as the conflict flares up after clashes in the West Bank

Rockets from Gaza caused alarm in Israeli communities Cross-border fire followed Israeli incursion into the West Bank Israeli raid killed at least nine Palestinians Violence in the West Bank has exploded in the past year JERUSALEM/GAZA, Jan. 27 (Reuters) – Israeli fighter jets hit Gaza on Friday night in retaliation for two rockets fired by … Read more

Japan tightens Russian sanctions after deadly missile attacks in Ukraine

TOKYO, Jan. 27 (Reuters) – Japan on Friday tightened sanctions against Russia following the latest spate of missile attacks in Ukraine, adding goods to a list of export bans and freezing the assets of Russian officials and entities. The decision comes after Russia launched missile strikes into Ukraine that killed at least 11 people on … Read more

India’s Adani Begins Record Share Selling as Short Seller Causes $44 Billion Loss

MUMBAI, Jan. 27 (Reuters) – Shares of India’s Adani Enterprises (ADEL.NS) fell 15% on Friday as a damning report from a US short seller sparked defeat among the conglomerate’s listed companies, casting doubt on how investors will responding to the company’s record $2.45 billion in secondary sales. Seven publicly traded companies of the Adani conglomerate … Read more