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US judge dismisses bribery case against Indian billionaire Gautam Adani amid DOJ concerns

Market News
11 Aug 2026
CNBC
View Source
Bullish
pluang ai news

A U.S. judge dismissed the bribery case against Indian billionaire Gautam Adani, ending his legal troubles in the U.S. The case involved allegations of paying over $250 million in bribes to Indian officials to secure solar energy contracts and misleading U.S. investors. The judge criticized a senior DOJ official for irregularities in the dismissal process, noting the decision was unusually influenced by defense counsel without input from investigative agencies. Adani welcomed the ruling and maintains faith in the rule of law, while the DOJ stated it would not pursue further charges. Earlier, Adani settled a related SEC civil case by paying $18 million in fines.

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Meridian Mining extends gold-copper-silver mineralisation at Santa Helena with strong drill results

Meridian Mining extends gold-copper-silver mineralisation at Santa Helena with strong drill results

Meridian Mining has successfully drilled multiple stacked layers of gold, copper, silver, zinc, and lead mineralisation below the Santa Helena area in Mato Grosso, Brazil, extending the known limits of the deposit. Notably, drill hole CD-878 returned...

Market News
Bullish
4 hours ago
Ciena reports 40% revenue growth in Q2 2026, driven by AI networking and hyperscaler demand.

Ciena reports 40% revenue growth in Q2 2026, driven by AI networking and hyperscaler demand.

Ciena is evolving into a leading AI networking company, leveraging its full optical technology stack and strong relationships with hyperscalers. In fiscal Q2 2026, Ciena achieved 40% year-over-year revenue growth and holds a $7.7 billion backlog, pro...

Company Fundamentals
Bullish
4 hours ago
Sunoco LP boosts 2026 EBITDA guidance by $400M after strong Q2 results and faster deleveraging.

Sunoco LP boosts 2026 EBITDA guidance by $400M after strong Q2 results and faster deleveraging.

Sunoco LP has evolved into a diversified multinational platform combining fuel distribution, pipelines, terminals, convenience stores, and refining. In Q2 2026, the company reported a net income of $283 million and an adjusted EBITDA of $982 million,...

Company Fundamentals
Bullish
4 hours ago
TRON processes $2.1T in USDT transfers as stablecoin market hits $89.2B in Q2 2026

TRON processes $2.1T in USDT transfers as stablecoin market hits $89.2B in Q2 2026

In Q2 2026, TRON processed $2.1 trillion in USDT transfers, with its stablecoin market cap reaching a record $89.2 billion. USDT supply on TRON ended the quarter at $87.9 billion, making it the largest blockchain host for circulating USDT, surpassing...

Protocol Fundamentals
Bullish
4 hours ago
Bitcoin nears breakeven for short-term holders amid record long exposure and weak spot demand.

Bitcoin nears breakeven for short-term holders amid record long exposure and weak spot demand.

Bitcoin is approaching a breakeven point for short-term holders, with the 30-day STH SOPR close to 1.0, signaling reduced selling pressure. However, record long exposure in the derivatives market, with 361,000 BTC held long, raises the risk of increa...

Market News
Neutral
4 hours ago
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