Hindenburg, known for having shorted electric truck maker Nikola Corp and Twitter, said it holds short positions in Adani companies through U.S.-traded bonds and non-Indian-traded derivative instruments.
Its research report questioned how the Adani Group has used offshore entities in offshore tax havens like Mauritius and the Caribbean Islands.
It also said key listed Adani companies had “substantial debt” which has put the entire group on a “precarious financial footing”, and asserted that shares in seven Adani listed companies have an 85% downside on a fundamental basis due to what it called “sky-high valuations”.
Its research report questioned how the Adani Group has used offshore entities in offshore tax havens like Mauritius and the Caribbean Islands.
It also said key listed Adani companies had “substantial debt” which has put the entire group on a “precarious financial footing”, and asserted that shares in seven Adani listed companies have an 85% downside on a fundamental basis due to what it called “sky-high valuations”.
James Cameron, director of box office blockbuster “Avatar: The Way of Water" as well as actor Tom Cruise's starring role in “Top Gun: Maverick” that wowed audiences, were among the most notable Oscar snubs.
The huge iceberg - which measures more than 1,550 square kilometres - broke away from the 150 metre thick Brunt Ice Shelf on Sunday.
The good news is that the split is a natural process known as ‘calving,’ and is not linked to climate change, the British Antarctic Survey say.
The new berg is the second iceberg to break off in two years, as a massive crack called ‘Chasm-1’ extends through the Brunt ice shelf.
The good news is that the split is a natural process known as ‘calving,’ and is not linked to climate change, the British Antarctic Survey say.
The new berg is the second iceberg to break off in two years, as a massive crack called ‘Chasm-1’ extends through the Brunt ice shelf.
The DOJ sued Google for similar reasons in 2020, accusing it of illegal monopolization of the search and ad markets. At the time, the agency asked the court to “break Google’s grip on search distribution so that competition and innovation can take hold.” Earlier this month, Google filed a motion to dismiss a complaint from the agency that alleges Google leverages its Android operating system and general grasp on the search market to further limit competition in the industry.
Swedish leaders roundly condemned far-right politician Rasmus Paludan's actions but defended their country's broad definition of free speech.
The protest further jeopardised Sweden's attempt to join NATO in response to Russia's invasion of Ukraine.
Erdogan has already set tough conditions for backing the joint bids by Sweden and its Nordic neighbour Finland.
The protest further jeopardised Sweden's attempt to join NATO in response to Russia's invasion of Ukraine.
Erdogan has already set tough conditions for backing the joint bids by Sweden and its Nordic neighbour Finland.
In keeping with the dots that typify her art, her effigy is seen "painting" dots that adorn the building.
This year's collaboration with Yayoi Kusama marks the fashion house's second time working with the now 93-year-old artist following their first joint venture in 2012.
This year's collaboration with Yayoi Kusama marks the fashion house's second time working with the now 93-year-old artist following their first joint venture in 2012.
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