TotalEnergies Halts Investment to India’s Adani Amid US Bribery Probes

TotalEnergies, which is a partner of India’s Adani group in renewable energy projects, will not make any new financial contribution as part of its investments in the group of companies until the ongoing U.S. investigations into Adani executives for corruption are clarified, the French supermajor said on Monday. Last week, the U.S. Attorney’s Office for the Eastern District of New York and the Securities and Exchange Commission (SEC) separately charged executives of the Adani group of companies, including billionaire founder Gautam Adani...