Author: Press Room

Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Adani, the Indian billionaire whose business empire was rocked by allegations of fraud by short seller Hindenburg Research, said his company will make more investments in Israel.Bloomberg | Bloomberg | Getty ImagesAdani stocks continued to see sharp losses during Wednesday’s trading session in Mumbai — even though the conglomerate managed to pull off a win a day earlier.Adani Enterprises received a vote of confidence from investors on Tuesday, when its $2.5 billion follow-on public offering (FPO)…

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The Great Northern Highway. Western Australia. A radioactive device belonging to mining firm Rio Tinto was found on the roadside after coming off the back of a truck.Reda&co | Universal Images Group | Getty ImagesA missing radioactive capsule used in Rio Tinto’s mining operations that sparked a radiation alert in Western Australia has been found.The stainless steel 6 millimeter by 8 millimeter (0.24 inch by 0.32 inch) device is part of a gauge used for measuring the density of iron ore feed and fell off the back of a truck operated by a specialist third party.The capsule was reported missing…

Abrdn has poached a senior executive from one of the largest global pension investors for the newly created role of chief investment officer as the fund group attempts to revive its fortunes and devise a growth plan.The Edinburgh-based group has hired Peter Branner from Dutch company APG Asset Management, which runs €521bn on behalf of millions of pensioners. The position of chief investment officer, which disappeared at Abrdn following the departure of Rod Paris at the end of 2021, is aimed at defining the group’s strategy and refocusing the investments business on areas with the most growth potential. Abrdn said…

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NEW YORK: Myanmar’s military regime has no legal authority, and its plans to seek legitimacy by having a national election is likely “a sham”, said the country’s ambassador to the United Nations (UN) Kyaw Moe Tun.  A junta-imposed state of emergency has been extended by another six months, after which the Constitution states that authorities must set in motion plans to hold fresh elections. While a general election has been promised, critics have questioned whether it will be free and fair. PLANNED ELECTION A LIKELY SHAM The military has “no kind of legal authority”, said Mr Kyaw Moe Tun in…

Sky News Brisbane Bureau Chief Adam Walters says it is “beyond comprehension” for Northern Territory Police to not be consulted for Prime Minister Anthony Albanese’s Alice Springs alcohol report.“The Northern Territory Police, as we’ve seen repeatedly over the years, over the decades, are on the front line of the most complicated social and criminal situations that this country has witnessed,” Mr Walters told Sky News host Peta Credlin. “For a lack of consultation involving the Union Representing Officers, who are putting their lives on the line every day, to occur is just beyond comprehension.” Source: Sky News

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