Hindenburg Research steps up its offensive against billionaire Carl Icahn's investment firm by shorting its bonds

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Carl Icahn
Carl Icahn is the founder and majority shareholder of Icahn Enterprises.

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Adani could deliver 'multibagger' returns, an investor who bet $2 billion on the troubled business empire says

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Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023.
Gautam Adani's companies could deliver 100% returns over the next five years, GQG Partners CIO Rajiv Jain said Monday.

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Wedbush says it's 'not seeing anything illegal' with Block even as short-seller Hindenburg alleges the payment firm misled investors

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Hindenburg Research website displayed on a laptop screen.
Hindenburg Research website displayed on a laptop screen.

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Twitter founder Jack Dorsey's net worth dropped by more than $500 million after US short seller Hindenburg targeted his payments company Block

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Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021.
Jack Dorsey's Block payments firm is the latest company to be targeted by Hindenburg Research.

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Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under short-seller attack

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Gautam Adani
Gautam Adani.

Photo credit should read SAM PANTHAKY/AFP via Getty Images

Adani reportedly abandons plans for an $850 million coal plant buyout, as the conglomerate still reels from a stock-market rout sparked by Hindenburg

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Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023.
Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023.

Indranil Mukherjee/Getty Images

India's stock regulator tried to calm jittery investors fleeing the stock market — but even that's not helped Gautam Adani, whose companies' shares continue to take a beating

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Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023.
Indian tycoon Gautam Adani's business empire has been targeted by a short seller.

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BlackRock has more than $100 million exposure to Adani's dollar debt, report says

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blackrock
BlackRock has one of the biggest known exposures to Adani's dollar debt, per Bloomberg.

REUTERS/Eric Thayer

Indian tycoon Gautam Adani has abandoned a $2.5 billion fundraising effort in his latest setback following a short seller attack on his business empire

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Chairman Of Adani Group Gautam Adani poses for a profile shoot during an interview on Jlu on July 19, 2010 in Ahmedabad, India.
Share prices of companies under Indian billionaire Gautam Adani's empire are under pressure following a short seller attack.

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Indian tycoon Gautam Adani has abandoned a $2.5 billion fundraising effort in his latest setback following a short seller attack on his business empire

Tech Insider
Chairman Of Adani Group Gautam Adani poses for a profile shoot during an interview on Jlu on July 19, 2010 in Ahmedabad, India.
Share prices of companies under Indian billionaire Gautam Adani's empire are under pressure following a short seller attack.

Ramesh Dave/Mint/Getty Images

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