Bloomberg Business

Adani Stock Crash at $92 Billion as Collateral Worries Grow

The crisis of confidence plaguing Gautam Adani has taken a sudden turn for the worse, with a record 28% plunge in his flagship company’s stock raising questions over the extra collateral he needs to cover loans.

US, UK Hit Myanmar With New Sanctions Two Years After Coup

The US and its allies Canada, the UK and Australia have imposed fresh sanctions on Myanmar, adding to pressure on the military regime, two years since it overthrew the civilian government led by Aung San Suu Kyi in a coup.

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