Indian skincare startup Mamaearth eyes $3 billion valuation in 2023 IPO - sources

Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.

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21-06-2022

Renault and Nissan face legal action in France over motor problems

Renault and Nissan faced legal action in France from customers who had suffered problems with some of their motors.

newspaper

21-06-2022

Analysis-Are high prices unpatriotic or as American as you can get?

President Joe Biden's pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline prices challenges a pillar of American capitalism: that U.S. companies should make as much profit as they legally can, and direct that windfall back to investors.

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21-06-2022

Exclusive - Indian skincare startup Mamaearth eyes $3 billion valuation in 2023 IPO - sources

Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters

newspaper

21-06-2022

U.S. Congress' Jan. 6 committee to zero in on pressure over Georgia election results

The congressional committee investigating the Jan. 6, 2021, attack on the U.S. Capitol on Tuesday will focus on then-President Donald Trump's efforts to pressure state officials as part of his broader effort to remain in office despite losing 2020's election, committee aides said.

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21-06-2022

Japan PM Kishida backs BOJ ultra-easy policy while yen worries mount

TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Tuesday the central bank should maintain its ultra-loose monetary policy, brushing aside opposition calls that the policy be tweaked to target Japan's rising cost of living.

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21-06-2022

Philippine central bank to raise rates by 25 bps in June, some call for 50bps

BENGALURU (Reuters) -The Philippine central bank will raise rates by a modest 25 basis points for a second straight meeting in June, opting to move more slowly than its global peers in an attempt to cool soaring inflation, a Reuters poll forecast.

newspaper

21-06-2022

Bank Indonesia to hold rates in June but start hiking next quarter

BENGALURU (Reuters) -Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll expect a rate rise to stem imported inflation from a weak rupiah currency as the U.S. Federal Reserve tightens aggressively.

newspaper

21-06-2022

Philippine central bank to raise rates by 25 bps in June, some call for 50bps- Reuters poll

The Philippine central bank will raise rates by a modest 25 basis points for a second straight meeting in June, opting to move more slowly than its global peers in an attempt to cool soaring inflation, a Reuters poll forecast.

newspaper

21-06-2022