Business

Most Adani stocks continue their bloodbath as Asia’s richest man loses $28 billion in a month

Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on November 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, fell into the top five of the world’s richest ranked seventh in Bloomberg’s Billionaire Index. Indranil Mukherjee AFP | Getty Images Shares …

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Major insurers plan to drop coverage for two car models due to theft

At least two major car insurers are refusing to cover certain Kia and Hyundai models because they lack anti-theft devices common in today’s cars, according to reports. State Farm and Progressive confirmed with CNN that they no longer write policies for certain Kia and Hyundai models manufactured between 2015 and 2019. In September 2022, the …

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Tourism is back in China. But the $6 trillion consumer market is pulling itself out of a deep slump

BEIJING — China’s consumption recovery from zero-Covid is off to a strong start — after a depressing fourth quarter. When Michelin-starred restaurant Rêver reopened on Thursday after a Lunar New Year break, it was fully booked, said Edward Suen, chief operating officer of the Guangzhou site. Reservations for the next three days were close to …

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Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

Bitcoin bounty hits 60% in Nigeria as it limits cash withdrawals from ATMs

The price of Bitcoin (BTC) in Nigeria has soared well above market levels amid the central bank’s continued efforts to push its citizens towards digitized money. At the time of writing, the price of 1 BTC on the Nigerian crypto exchange NairaEX is currently at 17.8 million naira, which is equivalent to $38,792. This represents …

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Sale of Adani shares for $2.5 billion faces crucial day after rout

NEW DELHI, Jan 29 (Reuters) – Gautam Adani faces a critical day on Monday with his flagship company’s second day of $2.5 billion auction, eclipsed by a $48 billion rout in shares of the Indian billionaire which was triggered by a report from an American short seller. Seven listed companies belonging to the Adani conglomerate, …

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Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays free from fear for 11 straight days as price nears 24K

Bitcoin (BTC) just marked its 11th straight day outside the “Fear” zone in the Crypto Fear and Greed Index, cementing its longest fear streak since last March. Bitcoin Fear and Greed Index is 61 – GreedCurrent price: $23,780 pic.twitter.com/U5gxN3AwnT — Bitcoin Fear and Greed Index (@BitcoinFear) January 30, 2023 This comes as Bitcoin hit $23,955 …

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Daniele International LLC recalls ready-to-eat sausages due to possible Listeria contamination

WASHINGTON, January 29, 2023 – Daniele International LLC, a Mapleville, RI facility, is recalling approximately 52,914 pounds of Ready-to-Eat (RTE) sausage products that may be adulterated with Listeria monocytogenesthe U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. RTE sausage products were manufactured on various dates from May 23, 2022 through November …

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‘Saturday Night Live’ hilarious parody of the Southwest collapse

It was high time for ‘Saturday Night Live’ to spoof the historic Southwest meltdown that upended the plans of thousands of holiday travelers – and the show delivered one of its funniest commercial parodies yet. . The skit that aired during last weekend’s episode began with awkward piano accompaniment as cast members Heidi Gardner and …

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Travel companies are “greenwashing” – here are 3 ways to find some that aren’t

People said the pandemic made them want to travel more responsibly in the future. Now, new data indicates that they actually do. According to a January report by the World Travel & Tourism Council and Trip.com Group: Nearly 60% of travelers have chosen more sustainable travel options over the past two years. Nearly 70% are …

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