Pakistan says mosque suicide bomber wore police uniform and breached motorbike security

Pakistan says mosque suicide bomber wore police uniform and breached motorbike security

PESHAWAR, Pakistan, Feb 2 (Reuters) – The suicide bomber who this week killed more than 100 people at a mosque inside a police compound in the Pakistani city of Peshawar was wearing a police uniform and entered the high motorcycle security, provincial police. the police chief said Thursday. The suicide bomber behind Monday’s attack had … Read more

Adani market losses snowball to $100 billion on stock sale suspended

Adani market losses snowball to 0 billion on stock sale suspended

NEW DELHI, Feb 2 (Reuters) – Shares of Indian group Adani fell on Thursday after market turmoil forced the conglomerate to scrap a crucial $2.5 billion share offering, deepening its market losses to over $100 billion and raising concerns about the potential systemic impact. The withdrawal from the sale of Adani Enterprises (ADEL.NS) shares marked … Read more

Hindenburg bet against Indian Adani intrigues rival US short sellers

Hindenburg bet against Indian Adani intrigues rival US short sellers

Feb 1 (Reuters) – When Hindenburg Research disclosed a short position in Adani Group last week, some U.S. investors said they were intrigued by the actual mechanics of its trading because Indian securities rules make it difficult for foreigners to bet against companies there. Hindenburg’s bet has been lucrative so far. His allegations, which the … Read more

Adani drops $2.5bn share sale in blow to Indian tycoon

Adani drops .5bn share sale in blow to Indian tycoon

NEW DELHI, Feb 1 (Reuters) – Gautam Adani’s flagship company on Wednesday called off its $2.5 billion share sale in a dramatic reversal as the rout sparked by criticism from a U.S. short seller erased billions more of the value of the Indian tycoon’s shares. The withdrawal of the Adani Enterprises (ADEL.NS) stock offering marks … Read more