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

Pro-Western retired general Pavel wins Czech presidential election

Pavel wins in an overwhelming vote over ex-prime minister Babis Pavel gives clear support to Ukraine, West Promises to end the divisions of Babis, the incumbent Zeman Turnout in the presidential election was record high PRAGUE, January 28 (Reuters) – Former army chief and senior NATO official Petr Pavel won presidential elections in the Czech … 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

Wall Street ends higher, posts weekly gains as Fed meeting looms

PCE: Inflation Cools With Consumer Spending American Express, Visa move higher on strong demand Chevron falls after missing earnings estimates Indexes up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95% NEW YORK, Jan. 27 (Reuters) – Wall Street moved ahead on Friday, marking the end of a rocky week in which economic data and corporate earnings expectations … 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

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

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

Israeli forces kill 7 Palestinian gunmen, 2 civilians in Jenin clash, Palestinians say

JENIN, West Bank, Jan. 26 (Reuters) – Israeli commandos killed seven gunmen and two civilians in an attack on a flashpoint town in the occupied West Bank on Thursday, Palestinian officials said, sparking fears of further flare-ups after the largest single death toll in years of fighting. The Palestinian Authority said it is ending security … Read more

Strong US economic growth expected in fourth quarter, outlook deteriorates

GDP is expected to grow by 2.6% in the fourth quarter Strong consumer spending seen; contributions from other sectors Weekly jobless claims are expected to increase slightly WASHINGTON, Jan. 26 (Reuters) – The US economy is likely to have maintained strong growth rates in the fourth quarter as consumers pushed up spending on goods, but … Read more