President Joe Biden's push to curb credit card late fees means consumers could expect lower prices charged by Apple and Google on their mobile app stores. Read More...
Reuters
Adani abandons $2.5 billion share sale in big setback to Indian tycoon
NEW DELHI (Reuters) -Gautam Adani’s flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller’s criticisms wiped billions more off the value of the Indian tycoon’s stocks. The withdrawal of the Adani Enterprises share offering marks a stunning setback for Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years in line with the stock values of his businesses. Adani, whose global business interests span ports, airports, mining, cement and power, is battling to stabilise his companies and defend his reputation.
