The Adani Group is led by Gautam Adani, the third richest man in the world (now the fourth). It has lost billions in market value in two days, all due to a report by Hindenburg Research, specialising in “forensic financial research”.
The Ghana summit is aimed at achieving deeper economic integration between African states and outlining its industrialisation priorities.
The company said the layoffs are not related to 2022 performance or 2023 expectations.
Asia's richest man Gautam Adani's group vehemently denies allegations of "stock manipulation and accounting fraud" by Hindenburg Research that plunged the group's shares and swiftly eroded $10.73 billion from Adani's wealth.
Declaration of Community of Latin American and Caribbean States summit in Buenos Aires, which brings together 33 nations, calls for improved credit facilities in the region.
Lekki Deep Sea Port is one of the biggest in West Africa and is expected to create hundreds of thousands of jobs in addition to easing cargo congestion that costs billions of dollars.
About six percent of the company's workforce, or roughly 600 jobs, will be cut, and its chief content and advertising business officer will also depart as part of a broader reorganisation.
Sweden-based audio company did not specify how many employees it will layoff.
Italian Prime Minister Giorgia Meloni is starting a two-day visit to Algeria with a focus on increasing energy supplies from the north African nation.
While media layoffs were not as dramatic as those rocking tech giants such as Microsoft and Google, they were consequence of falling advertising revenue amid gloomy economic climate, experts say.
Pakistan and Russia agree to complete an oil and gas export process by end of March with Islamabad paying in "currencies of friendly countries" instead of US dollars.
Ford declined to comment on the report published by Automobilwoche but said transformation to electric vehicles required "significant change" in the way it produces cars.
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