Business News
[:en] Sagar Adani, the Executive Director of Adani Green Energy and a nephew of Gautam Adani, has become a central figure in the US investigation into a $265 million bribery scheme. Court documents reveal that in March 2023, FBI agents served him a search warrant and grand jury subpoena as part of their probe into alleged … Read more
[:en] (Bloomberg) — Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown. Most Read from Bloomberg The largest digital asset rose more than 3% to a record high of $97,659 as … Read more
Cool Company press release (NYSE:CLCO): Q3 net income of $8.1 million in Q3, compared to $26.5 million for Q2, with the decrease primarily related to a loss in our mark-to-market interest rate swaps. Achieved average Time Charter Equivalent Earnings of $81,600 per
Virtuoso Vice President of Global Public Relations Misty Belles breaks down the holiday travel season, the trends and destinations as well as her outlook for 2025. It’s coming up on the holiday season, and once again, holiday travel will take a bite out of household budgets, with costs typically rising as demand surges. Airfare, car … Read more
(Reuters) – Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron’s in an interview published on Thursday. Two percent is the inflation rate that can best balance the central bank’s employment and price stability goals, Williams told Barron’s.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The departing head of John Lewis has described changes to employers’ national insurance and a lack of early reform in business rates in last month’s Budget as a “two-handed grab” from UK businesses. Nish Kankiwala, … Read more
At the heart of the U.S. indictment against Gautam Adani lies “Foreign Official #1,” a high-ranking government official in Andhra Pradesh. This enigmatic figure allegedly played a central role in the $265 million bribery scheme aimed at securing lucrative solar energy contracts under the Manufacturing Linked Project. The indictment outlines three key meetings between Adani … Read more
SOPA Images/Getty Images Nvidia investors are expecting volatile moves in the stock after company reports earnings. Traders are pricing in a $300 billion, or an 8% swing, according to options data compiled by Bloomberg. All eyes will be on the firm’s future guidance for Blackwell, its next-generation AI chip. Nvidia investors are gearing up for … Read more
Carlyle Credit Income Fund Non-GAAP EPS of $0.45 beats by $0.11
‘The Bottom Line’ panelists EJ Antoni and Steve Moore discuss the uptick in consumer prices. Billionaire entrepreneur Peter Thiel says President-elect Trump and Vice President-elect JD Vance were not wrong when they pointed to immigration as a driver of high housing costs on the campaign trail, suggesting the concept is basic economics. During a recent … Read more