‘Baseless and mischievous’: Adani Group denies handling any Iranian cargo; says not aware of any US investigation into Iran sanctions violations

The Adani group firmly rejected these allegations as “baseless and mischievous”. The Adani Group issued a statement on Monday clarifying that none of its ports process cargo originating from Iran or vessels under Iranian ownership, rejecting allegations of intentional sanctions violations.The Adani Group submitted a filing to the stock exchange, dismissing claims about connections between…

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Wall Street opens slightly lower driven by market anxiety over crude oil prices, tariffs and Russia-Ukraine conflict

Stock markets in the United States opened with a slight decline, surrendering a portion of their gains from May, which marked their strongest performance since 2023. During early Monday trading, the S&P 500 declined by 0.3%. The Dow Jones Industrial Average dropped 174 points, representing a 0.4% decrease, whilst the Nasdaq composite fell by 0.2%.This…

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