Adani stocks rally up to 4.5% as Donald Trump pauses foreign bribery ban
Shares of Adani Group companies surged as President Trump signed an order pausing the Foreign Corrupt Practices Act prosecutions. This move potentially benefits the Adani Group amidst allegations of a $265 million bribery scheme. Investor sentiment also improved with positive developments in Bangladesh and a new healthcare venture, Adani Health City, in partnership with Mayo Clinic.