Global stock markets were mixed on Wednesday as recession fears and banking sector strain weighed on European stocks and the dollar while Wall Street stock futures firmed on bullish updates from Microsoft and Google parent Alphabet. Europe’s STOXX 600 share index fell 0.8% as regional banking stocks dropped by the same amount. MSCI’s broad index […]
Shares of Adani Group companies remained under pressure on Tuesday even as flagship Adani Enterprises posted a profit for the quarter ended December (Q3) on coal trading and airports performance. Group companies have now lost over $125 billion, or Rs 10 trillion, in market capitalisation since the close of trading on January 24, a day […]