Electric vehicle maker Lucid bursts into Saudi PIF report to buy remaining stake

Electric vehicle maker Lucid bursts into Saudi PIF report to buy remaining stake

Jan 27 (Reuters) – Shares of Lucid Group (LCID.O) jumped 43% on Friday, trimming gains after doubling down on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted buy the electric vehicle manufacturer. The speculation stemmed from an “uncooked” alert attributed to deals website Betaville, using its term for market gossip. Lucid was the … Read more

Japan tightens sanctions against Russia after deadly missile strikes in Ukraine

Japan tightens sanctions against Russia after deadly missile strikes in Ukraine

TOKYO, Jan 27 (Reuters) – Japan on Friday tightened sanctions against Russia following its latest wave of missile attacks in Ukraine, adding goods to an export ban list and freezing the assets of Russian officials and entities. The decision comes after Russia launched missile attacks in Ukraine, killing at least 11 people on Thursday, following … Read more

Israel hits Gaza as conflict erupts after West Bank clashes

Israel hits Gaza as conflict erupts after West Bank clashes

Rockets from Gaza have raised alarm in Israeli communities Cross-border gunfire followed an Israeli raid in the West Bank Israeli raid kills at least nine Palestinians Violence has increased in the West Bank over the past year JERUSALEM/GAZA, Jan 27 (Reuters) – Israeli fighter jets struck Gaza on Friday night in retaliation for two rockets … Read more

One person dies in attack on Azerbaijani embassy in Iran | News

One person dies in attack on Azerbaijani embassy in Iran |  News

A guard is killed and two others injured by a man armed with an assault rifle, according to the Azerbaijani Foreign Ministry. A guard was killed in an attack on Azerbaijan’s embassy in Iran, the country’s foreign ministry said, adding it would evacuate its diplomatic staff. “The attacker broke through the guard post, killing the … Read more

Indian Adani begins record sell-off in shares as short seller triggers $44bn rout

Indian Adani begins record sell-off in shares as short seller triggers bn rout

MUMBAI, Jan 27 (Reuters) – Shares of Indian firm Adani Enterprises (ADEL.NS) fell 15% on Friday as a scathing report from a U.S. short seller sparked a rout at the conglomerate’s listed companies , casting doubts on how investors will react to the company’s record $2.45 billion secondary sale. Seven listed companies in the Adani … Read more

One person killed in armed attack on Azerbaijani embassy in Iran | News

One person killed in armed attack on Azerbaijani embassy in Iran |  News

DEVELOPING STORYDEVELOPING HISTORY, The Azerbaijani Foreign Ministry said a guard was killed in the attack. A guard was killed in an armed attack on the Azerbaijani embassy in Tehran, the Iranian capital, the country’s foreign ministry said. “The attacker broke through the guard post, killing the security chief with a Kalashnikov assault rifle,” he said. … Read more

Reality show “Squid Game”: Three people received medical treatment during filming

Reality show “Squid Game”: Three people received medical treatment during filming

CNN — Three people received medical treatment while filming an actual “Squid Game” show, Netflix confirmed, but the streaming giant denied anyone suffered “serious injuries”. Netflix announced last year that it was launching “Squid Game: The Challenge” as a reality competition series based on its hit drama – a South Korean fictional series in which … Read more

Explainer: Who is behind Hindenburg, the company bypassing Adani?

Explainer: Who is behind Hindenburg, the company bypassing Adani?

NEW YORK, Jan 25 (Reuters) – Short seller Hindenburg Research disclosed short positions in India’s Adani Group on Wednesday, citing in a report possible stock manipulation and accounting fraud. The allegations sent bonds and stocks of the conglomerate companies plummeting. Hindenburg has a history of finding corporate wrongdoing and placing bets against companies. WHAT IS … Read more

Explanation: Why is Turkey blocking Sweden and Finland from joining NATO?

Explanation: Why is Turkey blocking Sweden and Finland from joining NATO?

STOCKHOLM, Jan 25 (Reuters) – Swedish and Finnish hopes of early NATO membership have hit a snag in the form of objections from Turkey, which holds a veto over membership. military alliance. The three nations reached an agreement on how to proceed in Madrid last June, but Turkish President Tayyip Erdogan has said Sweden, in … Read more

EU wants to send more people back to Africa, Middle East and Asia

EU wants to send more people back to Africa, Middle East and Asia

STOCKHOLM, Jan 26 (Reuters) – European Union immigration ministers meet on Thursday to discuss visa restrictions and better coordination within the bloc so they can return more people without asylum in Europe to their country of origin, including Iraq. Three years after the 27 EU countries agreed to restrict visas for countries deemed unable to … Read more