Tag: GA
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Adani’s Bond Market Move Amid Bribery Allegations
A unit of Gautam Adani’s conglomerate raised $600 million in the US bond market just hours before federal prosecutors charged him with bribery in connection to securing solar contracts in India. The bond offering saw overwhelming demand, enabling lower borrowing costs despite the surrounding legal challenges. Hours before prosecutor charges were leveled against Gautam Adani…
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BlackRock Accused of Role in Climate and Human Rights Violations
BlackRock faces allegations from Friends of the Earth US and Indigenous groups for contributing to environmental damage and human rights abuses through agribusiness investments. A complaint at the OECD highlights that their capital supports deforestation and disrupts traditional communities, with BlackRock’s significant influence over global investments drawing scrutiny. The firm refutes the claims, citing client-led…