Description
Kenya's president has announced the cancellation of two major infrastructure deals with India's Adani Group, after US prosecutors charged its founder Gautam Adani and his associates with fraud over a $250 million corruption scheme. The scandal has wiped more than $20 billion off Adani's 10 listed companies' combined market value. Plus, it's the third Thursday of November, the official uncorking day for this year's Beaujolais Nouveau. Half of the wine is exported outside France.
Bernard Arnault, France's richest man and the billionaire head of luxury group LVMH, is set to take the witness stand in a Paris court in the trial of Bernard Squarcini, the former head of France's domestic intelligence agency. Squarcini is accused of using his contacts and influence for private...
Published 11/28/24
Another looming political crisis is battering France's reputation on global markets. Borrowing costs spiked as investors looked to a possible vote of no confidence over the government's budget proposal. That led the spread between French and German bond yields to hit its highest level since 2012....
Published 11/27/24