Stocks in the Asia-Pacific mostly fell on Monday as shares of Adani Group remained volatile after the conglomerate rebutted short seller firm Hindenburg’s accusations of embezzlement and fraud. India’s Nifty 50 Index traded 0.3% lower after hitting three-month lows on last week’s rout of Adani shares. Mainland Chinese markets rose on resuming …

Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of Nissan shares into a French trust, the companies said. Voting rights in the trust would be ”‘neutralized’ for most of the decisions, but the economic rights (dividends …

KEY POINTS Unlike its larger American peers, TikTok hasn’t faced the kinds of mega fines or legal penalties that Google, Facebook-owner Meta or Amazon have in the EU over the years. TikTok has stayed out of regulatory scrutiny partly because it’s kept out of the crosshairs of commercial interests in …