the East

Adani's losses in the market exceeded $100 billion as the pending share sale spooked investors

Adani’s losses in the market exceeded $100 billion as the pending share sale spooked investors

NEW DELHI/MUMBAI (Reuters) – Adani Group’s losses in the market swelled to more than $100 billion and raised concerns about its potential systemic impact on Thursday, a day after its parent company abandoned a $2.5 billion equity offering. The pullout of the sale of shares of Adani Enterprises (ADEL.NS) was a dramatic setback for its …

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Lab-grown meat is getting closer to American dinner plates

Lab-grown meat is getting closer to American dinner plates

WASHINGTON (Reuters) – Lab-grown meat could have become a reality in some restaurants in the United States as early as this year. Executives at farm-meat companies are optimistic that meat grown in giant steel vats could be on the menu within months after one company wins approval from a major regulator. In a show of …

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Oil rose 3% amid global economic optimism, despite a surprise increase in US crude oil

Oil rose 3% amid global economic optimism, despite a surprise increase in US crude oil

As China Reopens After COVID Restrictions, Oil Demand Is Expected To Rise HSBC sees only one increase in the US Federal Reserve interest rate US crude inventories jump in a sudden increase, the largest since February 2021 Russia does not see problems with oil exports despite the sanctions NEW YORK (Reuters) – Oil prices rose …

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