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Spain posts strong growth for 2022 despite inflation
Spain posts strong growth for 2022 despite inflation
Business and Economy
by  AFP

Spain's economy grew faster than expected in 2022 as strong domestic consumption and a surge in investement offset worries over high inflation, officials figures showed Friday. The INE said the growth figures reflected a strong performance in spring when gross domestic product rose by 2.2 percent between April and June thanks to steady household consumption.

Gautam Adani: the Indian tycoon weathering stock market panic
Gautam Adani: the Indian tycoon weathering stock market panic
Business and Economy
by  AFP

Indian industrialist Gautam Adani is Asia's richest man, with a business empire spanning coal, airports, cement and media now rocked by corporate fraud allegations and a stock market crash. Adani Group has lost upwards of $45 billion in market cap since the report's release, and its legal chief announced Thursday that it was exploring punitive action against Hindenburg in US and Indian courts.