BLOOMBERG New allegations over governance issues at India’s Adani Group put the brakes on a recovery in the conglomerate’s market value from carnage in the wake of US-based short-seller Hindenburg Research’s report earlier this year. Adani-related stocks plunged after an investigation raised questions about the group’s ownership structure and trades by certain entities associated with its founders. The ports-to-power conglomerate ...

BLOOMBERG Markets settled into a holding pattern befiore key US jobs data, with European stocks and American equity-index futures edging higher, Treasury yields flat and a gauge of the dollar steady. Energy majors were the outperformers in the Stoxx Europe 600 index as crude oil headed for the biggest weekly advance since April. Miners jumped as China’s latest stimulus measures ...

BLOOMBERG Seven & i Holdings Co has finalised the sale of its Sogo & Seibu Co department store chain amid a strike by employees at the flagship shop in central Tokyo on concerns the deal may jeopardise their jobs. The sale to Fortress Investment Group will close at an enterprise value of about ¥220 billion ($1.5 billion), according to a ...