Bloomberg The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research’s fraud allegations rapidly turning into a meltdown despite the completion of a key share sale. The declines accelerated in afternoon trading in Mumbai after Bloomberg reported Credit Suisse Group AG has stopped accepting bonds of Adani’s group of ...

Bloomberg Stocks in Europe edged higher while US equity futures slipped on a day abounding with risks including key economic data, company earnings and the Federal Reserve policy meeting. The Stoxx Europe 600 index held a modest advance after a report showed inflation in the euro area slowed more than economists’ expectations in January, suggesting heated debate to come at ...

Dubai / WAM Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, has released a report detailing plans to boost the emirate’s digital economy. The report projects the national digital economy will reach $140 billion in 2031 from $38 billion today. The study highlights the importance of the chamber’s efforts and collaboration with stakeholders to establish ...