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Indian Billionaire Gautam Adani has seen his net worth plunge after short seller group Hindenburg Research published a damning report, but the billionaire has managed to recoup $20 billion in 30 days following the attack
Thiess has secured a AUS$345 million contract extension at Melak with Bayan Resources.
KUALA LUMPUR (Dec 25): While global billionaires have lost nearly US$2 trillion (RM8.85 trillion) this year, five Asians have become about US$93 billion richer than last year, according to estimates by Forbes. In a report last week, the magazine said the world's billionaires lost more than US$1.9 trillion in wealth, driven primarily by tumbling stock prices due largely to higher inflation and slower economic growth. But amid the overall downturn, a subset of billionaires bucked the trend.
Cimic Group, has received a $230.6m contract extension from Bayan Group to continue providing services at the Melak coal mine in Indonesia.
JAKARTA — Indonesia’s four largest banks handed out loans totaling $3.5 billion of direct loans to the coal industry from 2015-2021, despite their stated commitments to sustainable financial practices, a new report shows. The report by a coalition of civil society groups looked at loans made by BNI, BRI and Bank Mandiri, all state-owned lenders, […]