Bloomberg Business

Adani Shares Drop as Group Said to Halve Revenue Growth Target

Adani Group stocks declined after people familiar with the matter said the conglomerate has cut its revenue growth target in half and plans to postpone new capital expenditure in the aftermath of a bruising short seller attack.

Maersk Sues Evergreen Over Suez Blockage, ShippingWatch Says

A.P. Moller-Maersk A/S has sued Evergreen Marine Corp. over the 2021 blockage of the Suez channel, which forced shipping lines to delay or divert vessels, ShippingWatch reported, citing court documents and the Danish company.

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