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Adani stocks fall in India on fraud, stock manipulation claims
Adani stocks fall in India on fraud, stock manipulation claims
by  AFP

Asia's richest man Gautam Adani saw his net worth drop six billion dollars on Wednesday after a US investment firm accused him of "brazen stock manipulation and accounting fraud". Hindenburg Research published a report on Tuesday alleging that Adani Group "has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".

Hundreds protest S.Africa energy crisis
Hundreds protest S.Africa energy crisis
by  AFP

Hundreds of people took to the streets in Johannesburg on Wednesday to protest a prolonged energy crisis causing record power cuts in South Africa. Scheduled blackouts, known as load-shedding, have burdened South Africa for years, with state-owned energy firm Eskom failing to keep pace with demand and maintain its ageing coal power infrastructure.

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