BSVC

Investor reaction to Adani market rout after short selling report

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SINGAPORE (Reuters) – The Adani Group has called off a $2.5 billion share sale as losses of the group’s largest company climbed to more than $100 billion in the wake of the US short seller’s report. This defeat raised fears that the fallout could also affect confidence in India more broadly. Here are the investment … Read more

Brazil’s markets have improved despite mounting criticism of Lula’s plans

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SAO PAULO (Reuters) – Brazilian financial markets rose on Wednesday even as criticism grew of President Luiz Inacio Lula da Silva’s economic policies, with analysts and a leading newspaper slamming ministers after markets plunged in the leftist’s first two days in office. Brazil’s real currency and stock market rose after Lula’s chief of staff, Rui … Read more