Latest News for: Investor reporter

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Share sale remains on track: Adani

Financial Express 29 Jan 2023
A Rs 20,000-crore share sale by Adani Enterprises remains on schedule at the planned issue price and requires no addendum to be published on account of the report published by Hindenburg Research, the company said on Saturday ... “All our stakeholders including bankers and investors have full faith in the FPO (follow-on public offer).
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2022 one of the ‘worst years’ for investors

The Daily Telegraph Australia 29 Jan 2023
“It was very, very poor for investors that just had a ...
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Asia's richest man loses $50 billion in a day

NewstalkZB 29 Jan 2023
As predicted, it triggered a bloodbath, with investors reacting to the news, sparking a mass sell-off ... The damning report hit particularly close to home for investors, according to an expert, because India’s corporate rules mean companies there lack the same level of transparency about how their business is operating compared to other countries.
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Cooling US inflation lifts hope for smaller Fed rate hike

The Manila Times 29 Jan 2023
"A slower pace of rate hikes will give the committee time to assess the full economic effects of monetary tightening thus far," said Moody's Investors Service in a report ... But the inflation fight "is far from won," warned the Moody's report ... of Moody's Investors Service told AFP.
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Moody’s Lowers Nigeria’s Ratings over Revenue, Debt Crises, Projects Stable Outlook for Economy

This Day 29 Jan 2023
Moody’s Investors Service has said it downgraded Nigeria over deteriorating fiscal and debt crises ... Moody’s, one of the world’s leading rating agencies, disclosed this in its latest report released at the weekend ... The report also pointed out that the government’s lack ...
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Dubai: Two jailed, fined Dh70,000 for stealing, attempting to sell refrigerated truck trailer

Khaleejtimes 29 Jan 2023
Two Arabs have been sentenced to three months in prison and have been jointly fined Dh70,000 by the Dubai Criminal Court. They will be deported after they serve their sentence ... Last July, an Arab investor filed a report that the truck trailer had been stolen.
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Shell and BP face tough job of keeping customers and investors happy as profits roll in

The Observer 29 Jan 2023
The pair now each have the task of convincing the public they are not profiteering during the energy crisis – while keeping investors sweet ... He has come under pressure from green groups pushing for BP to decarbonise more quickly, and from investors – some of which argue he needs to slow the transition to protect profits.
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Franchise owner to bring Dave's Hot Chicken to New Hampshire

Union Leader 29 Jan 2023
Media reports out there say it’s no joke. Brand investors include Red Sox co-owner Tom Werner, actor Samuel L. Jackson, and “Good Morning America” anchor and retired NFL player Michael Strahan ... If you have an interesting business or commercial real estate story idea in the Granite State email reporter Jonathan Phelps at jphelps@unionleader.com ....
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Institutional Bitcoin Buying Is A Positive Sign, Suggests Matrixport

Bitcoinist 28 Jan 2023
The report suggested that an asset’s performance during US or Asian trading hours can help distinguish whether institutional or retail investors favor it more ... It could be why Matrixport’s report cited the news around the December CPI as one factor driving more investors to buy Bitcoin.
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Black Friday for Adani stocks

Financial Express 28 Jan 2023
A Reuters report said the Securities and Exchange Board of India (Sebi) has increased scrutiny of deals by the Adani Group over the past year and will study the report to add to its own ongoing preliminary investigation into the group’s foreign portfolio investors ... investors.
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US stocks upbeat ahead of next week’s Federal Reserve meeting

Financial Express 28 Jan 2023
How investors can rejig their portfolios ... Spotting key events and indicators to stay ahead of the curve as an investor ... In the meantime, Tesla’s quarterly reports showed an 11% increase and a 31% weekly rise ... Investors anticipate Meta’s earnings report on Wednesday and those of Apple, Google, and Amazon on Thursday of the following week.
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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

Bitcoin 28 Jan 2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday ... Jihan Wu’s Matrixport is letting go of 10% of the firm’s employees, according to multiple reports on Jan ... The news follows another Bloomberg report, published in Nov.
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Index provider MSCI seeks feedback from Adani Group over Hindenburg report

Financial Express 28 Jan 2023
The report was released just before Adani group’s flagship company, Adani Enterprises’ Rs 20,000 crore share offering opened to investors ... by saying it stands by its report that alleged “brazen” market manipulation and accounting fraud by the group. .
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Adani FPO subscribed 1% on opening day

Your Story 28 Jan 2023
That report came on a day the follow on public offer (FPO) opened for institutional investors on Wednesday.Adani Enterprises is selling shares in a price band of Rs 3,112 to Rs 3,276 ... Non-institutional investors sought 60,456 shares against an offer of 96.16 lakh shares ... On Wednesday, Adani Enterprises raised Rs 5,985 crore from anchor investors.
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NRIs to have easier access with UPI onboarding

Khaleejtimes 28 Jan 2023
Overseas Indians who are currently trading in securities in the secondary market face difficulties when the funds are misused by stock brokers and as a result defaults are committed by investors ... Under the existing framework, investors’ funds pass through stock brokers before reaching the Clearing Corporation (CC).
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