Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian conglomerate takes steps to address investor concerns over leverage.
Societe Generale SA fell short of a pledge to pay out half of its underlying profit to shareholders, even after its fixed-income traders handed Chief Executive Officer Frederic Oudea a bigger-than-expected profit.
TotalEnergies SE raised its dividend and will buy back a further $2 billion of shares after surging oil and gas prices lifted 2022 profit to a record $36.2 billion.
Binance Holdings Ltd., operator of the world’s largest digital-asset exchange, indicated a full audit of its assets and liabilities is some way off amid calls for more transparency following the collapse of rival FTX.
Turkey began deploying thousands of soldiers in areas struck by two massive earthquakes, following President Recep Tayyip Erdogan’s announcement of a three-month state of emergency. Erdogan plans to visit two quake-hit provinces on Wednesday.
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