Page 38 - Carson Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tech firms that list in London should raise alarm bells, short seller Carson Block said today, as he took aim at the City’s “clubby” culture.

Migrant Indian businessman BR Shetty had built the UAE’s largest privately owned health operator NMC Health, which propelled him into the club of the richest billionaires of the world. But a single tweet brought his massive business empire crumbling down.

XL Fleet shut down its electric vehicle conversion business and was acquired by Denver-based Spruce Power last year.

(Bloomberg) -- Burford Capital’s share of the $16 billion a US judge in New York ordered Argentina to pay over its 2012 seizure of oil company YPF SA is around $6.2 billion, which would give the litigation funder a more than 37,000% return on its initial investment.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech

Hindenburg’s report accused Gautam Adani of “pulling the largest con in corporate history,” claiming his conglomerate engaged in accounting fraud and stock manipulation.