The Securities and Exchange Board of India (SEBI) has prohibited Jane Street Group from accessing India’s securities market following allegations of market manipulation. SEBI’s order restricts the firm from trading securities directly or indirectly. Banks are instructed to freeze debits from Jane Street’s accounts without SEBI’s approval, amidst an investigation into the firm’s derivatives trades.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef