Author: Press Room

In recent years, some investment pundits promoted Indian stocks as an alternative to “uninvestable” Chinese equities. That thesis has taken a heavy blow from the Adani affair. This is the latest in a string of scandals to rock Indian markets.Short seller Hindenburg Research has alleged that Adani manipulated its stock price and engaged in accounting fraud. The company, run by tycoon Gautam Adani, vehemently denies the claims. It completed a $2.5bn share sale even as the government delivered a budget intended to bolster the broader economy. Nevertheless, shares in companies within the highly leveraged industrial group extended their losses on…

A Sudanese teen refugee has been released from a detention center in western Libya where he was held for five months after being kidnapped and tortured by gunmen demanding ransom, his family said Wednesday.Mazen Adam, 15, from Sudan’s conflict-torn Darfur region, walked free on Monday from a juvenile detention center near the capital, Tripoli, according to his father, Mohamed Adam.However, Libyan authorities have not dropped charges against the boy, claiming the kidnapping was fabricated, and only released him pending investigation, his father said.”Mazen is well but he still suffers from torture-related injuries,” the father told The Associated Press.The second of…

Minneapolis CNN  —  The number of job openings unexpectedly jumped in December, landing at 11.01 million, according to data released Wednesday by the Bureau of Labor Statistics. Available jobs grew from a downwardly revised 10.44 million in December, overshooting economists’ expectations of 10.25 million. This story is developing and will be updated. Source: CNN

NORTH LAS VEGAS — Las Vegas police on Tuesday arrested and raided the home of a former “Dances With Wolves” actor accused of sexually assaulting young Indigenous girls during a period spanning two decades, according to police records obtained by The Associated Press.Nathan Lee Chasing His Horse, who goes by Nathan Chasing Horse, was taken into custody in the afternoon near a North Las Vegas residence. SWAT officers were seen outside the two-story home in the evening as detectives searched the property.Known for his role as the young Sioux tribe member Smiles a Lot in the Oscar-winning Kevin Costner film,…

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More than 20 years after negotiations started, the European Union and Mercosur could finally ratify their trade deal this year.Hope that the long-delayed deal could progress was renewed after the election in Brazil of leftist president Lula da Silva, who took office on 1 January and this week received German Chancellor Olaf Scholz in Brasilia.Both leaders endorsed speeding up the ratification of the deal at press conferences.Negotiations between the two blocs — Mercosur includes Brazil, Argentina, Uruguay and Paraguay — started in 2000 and were concluded in June 2019. But the EU decried the “assault” on the Amazon rainforest under the leadership…

“Know anywhere I can get a good dry cut?” my friend asked over WhatsApp, apparently hoping she could turn to a longtime beauty editor for a sound hair recommendation. I confessed I didn’t really know what it was—other than, I guessed, a haircut done on dry hair—and asked her why she wanted one. “I want to get a good fringe cut in,” she wrote, “and I heard that it was the best way to get the shape right.” When I saw her later that week, she was the proud owner of an impressive set of ’70s-style bangs, achieved with a…

CNN  —  The digital media conglomerate BDG, which houses brands such as Elite Daily and Bustle, announced on Wednesday that it will slash its workforce by 8% and shutter the recently relaunched news and gossip website Gawker. In an email to employees, chief executive Bryan Goldberg said the company is “facing a surprisingly difficult” first quarter of 2023 and had made the decision to “reprioritize” some of its investments that “better position the company for the direction we see the industry moving.” Those changes, he said, would result in laying off 8% of the media company’s full-time staff. “The most…

Video Duration 04 minutes 25 seconds 04:25Brazil: Lula, Pele and Riots From: Between Us“I’ve never seen such political turmoil.”A divisive election, riots and the death of Pele, a cultural and sporting icon. What’s next for Brazil? Journalist Thiago Mostazo explores how recent traumatic events are leading to a search for a new identity for the country. Source: Aljazeera

Better late than never. New York City saw its first measurable snowfall of the season Wednesday morning after breaking the record earlier this week for the longest snowless season in 50 years. Nearly half an inch of snow coated Central Park as a weak, low-pressure system darted over the Big Apple, Fox Weather Meteorologist Mathieu Blue told The Post. “We got four-tenths of an inch. So this is now the latest measurable snowfall for any [winter] season since records have been kept in 1869,” Blue told The Post. Gotham’s wintry weather came after the city made history on Monday as…