Indian food delivery startup Zomato Ltd ` will raise US$1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter.
Didi Global successfully navigated China's regulatory thicket for years, but the ride-hailing giant's 200-plus government affairs team's reliance on personal contacts with officials left it partly exposed to a shock crackdown by Beijing, sources say.
The global rebound from the COVID-19 pandemic is set to drive emissions of greenhouse gases that stoke climate change to all-time highs, the Paris-based International Energy Agency said in a report on Tuesday.
European shares bounced back from their worst day of the year on Tuesday, but German bond yields slipped to fresh five-month lows as a reminder that investors remained worried the spread of the Delta coronavirus variant could derail the economic recovery.
Oil prices stabilised on Tuesday after slumping around 7per cent in the previous session amid a broader market retreat led by concerns about a resurgence of COVID-19 infections, which came just as producers inked a new supply deal.
Austria's Supreme Court has questioned the legal basis on which Facebook collects user data and referred key issues for a ruling by Europe's top court, after awarding symbolic damages to activist Max Schrems in his privacy case against the company.
Safe-harbour currencies like the Japanese yen and U.S. dollar held near multi-month highs against the riskier Australian dollar and British pound on Tuesday, as fears grow that a rampant coronavirus variant could upend the global economic recovery.
BEIJING: China unveiled a maglev train capable of a top speed of 600 kph on Tuesday, state media said. The maximum speed would make the train, self-developed by China and manufactured in the coastal city of Qingdao, the fastest ground vehicle globally. Using electro-magnetic force, the maglev ...
China said on Tuesday that accusations made by the United States and its allies that the Chinese government has conducted a global cyber hacking campaign were unwarranted.
SINGAPORE: TraceTogether-only SafeEntry will be progressively introduced at all wet markets and hawker centres in Singapore over the coming weeks. This means everyone entering wet markets and hawker centres will have to check in with their TraceTogether app or token using the SafeEntry Gateway ...
