Gautam Adani's conglomerate has diversified into everything from green energy to media, and his fortune has soared by $40 billion in the last year. He has ambitious expansion plans from Israel to Morocco.
U.S. stocks fell Wednesday, as another busy day of earnings gave investors a fresh sense of how companies are coping with an economic slowdown and higher interest rates.
In South Korea, the Kospi index rose by 1.39% to close at 2,428.57 points, while the Kosdaq index climbed by 2% to end at 732.35 points. In Japan, the Nikkei 225 index added 0.35% to 27,395.01 points, and the Topix index inched up by 0.39% to 1,980.69 points. Australia's S&P/ASX 200 index declined by 0.3% to 7,468.3 points as the country's inflation rate hit a post-1990 peak.
The end of the era of cheap money is having a major impact on corporate America's earnings, and this is completely changing the way that Wall Street views which stocks are the best bargain buys or the most promising for growth.
Despite plans for an unprecedented number of grid-scale wind and solar installations, project construction is plummeting across the U.S.