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Signage of Adani Group at Adani Defence and Aerospace booth during the Aero India 2023 at Air Force Station Yelahanka in Bengaluru, India, on Monday, Feb. 13, 2023. India's Adani Group saw shares of its companies plunge Thursday after its billionaire chairman Gautam Adani was indicted in a New York federal court over his alleged involvement in an extensive bribery and fraud operation. The Indian group's flagship firm Adani Enterprises fell 10%, while the company in the eye of the storm Adani Green Energy tanked 17.28%. Adani Energy fell 20%. Adani Power lost 13.81%, Adani Port's share price dropped 10%, while the group's retail arm Adani Wilmar shed 7.87%.
Persons: India's, Gautam Adani, Adani, Sagar Adani, Ranjit Gupta, Rupesh Agarwal, Saurabh Agarwal, Cyril Cabanes, Deepak Malhotra, CDPQ, shortseller, Hindenburg, Raymond James ', Matt Orton Organizations: Adani Defence, Aerospace, Aero, Air Force, India's Adani, Adani Enterprises, Energy, Adani Energy, Adani Power, NSE, Adani Green Energy, Power, Quebec, U.S, Hindenburg Research, CNBC Locations: Bengaluru, India, New York, U.S, Brooklyn
Gérard Tsatselam boarded the ferryboat and settled in his usual place, on a reclining seat, at the back of a cold, unlit room that would have been packed in summer. Uneasy, he sat shrouded in his large, black coat as high winter winds delayed the boat’s arrival in the village where he was trying to save the church. Except for a quick stopover for a funeral, he had not visited his parish — in Unamen Shipu, an Indigenous reserve on the frigid, isolated coast of northeastern Quebec — in months. Mold had invaded the presbytery and left him scrambling for lodging on each visit. Another reason behind his unease was the enduring fallout from the accusations of sexual and other abuse by a predecessor, a Belgian priest.
Persons: Gérard Tsatselam, Mold, Father Gérard, Organizations: Quebec —, Catholic, Central Locations: Unamen, Quebec, Belgian, Central African, Cameroon
Maine is the latest state to address foreign influence in elections. The Maine referendum on the Nov. 7 ballot would ban foreign governments, or companies with 5% or more foreign government ownership, from donating to future referendum races. The Maine proposal is straightforward by targeting foreign governments and companies owned by them, while leaving untouched foreign-based corporations with no government ownership. The idea of foreign influence in U.S. elections is something that unites people in an era of deep partisan divisions. “Of course we shouldn’t have foreign governments meddling in our elections.”___Follow David Sharp on X, the platform formerly known as Twitter, @David_Sharp_AP
Persons: Aaron McKean, McKean, Daniel Weiner, It’s, ” Weiner, , Sen, Rick Bennett, , Janet Mills, Maine’s, , Sarah Walker, Bennett, George Washington, David Sharp, @David_Sharp_AP Organizations: , Hydro, Washington , D.C, Brennan Center for Justice, Hydro Quebec, Central Maine Power, CMP, Canadian, Republican, Democratic Gov, Maine Press Association, Maine Association of Broadcasters, Norges Bank, Qatar Investment Authority Locations: PORTLAND, Maine, — Maine, Hydro Quebec, Canadian, Washington ,, Minnesota, Florida, Idaho, Seattle, Portland , Maine, U.S, ” Maine, Spanish, In Montana, California, Luxembourg, Cyprus, Los Angeles, Canada, Calgary, Alberta, Qatar
The U.S. Inflation Reduction Act has driven Swedish battery maker Northvolt to announce for a factory in Canada earlier than originally expected, in a concrete example of how Biden's policy is influencing business decisions. "It definitely played a role to accelerate our decision to expand into North America," Paolo Cerutti, co-founder of Northvolt told CNBC. Northvolt announced Thursday it will establish a fully integrated lithium-ion battery gigafactory in the Canadian province of Quebec — its first factory outside Europe. The $300 billion U.S. Inflation Reduction Act, often referred to as IRA, is a landmark climate and tax deal that includes green subsidies for businesses. Canada has also offered the Swedish battery maker its own support in the form of loans.
Persons: Northvolt, Paolo Cerutti Organizations: CNBC Locations: Swedish, Canada, North America, Canadian, Quebec, Europe
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