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Udaan raises $200 million via convertible notes
By Sankalp Phartiyal NEW DELHI (Reuters) - Indian e-commerce firm Udaan has raised $200 million via convertible note financing in a round in which new and existing investors participated, an internal ...
Syndicated Content Jan 05, 2022
TPG invests $360 million in AI tech startup Fractal
(Reuters) - Artificial intelligence technology startup Fractal said on Wednesday it has received a $360 million investment from private equity firm TPG through its Asia focused investment platform. TP...
Syndicated Content Jan 05, 2022
German cartel office steps up examination of Google products
BERLIN (Reuters) -Germany's cartel office said it was examining Google's use of personal data and its Google News Showcase product under its new powers to regulate internet companies, and was also con...
Syndicated Content Jan 05, 2022
Shares in COVID-19 vaccine developer Valneva extend fall
PARIS (Reuters) - Shares in biotech company Valneva fell again on Wednesday, declining for the seventh day in a row due to a growing belief amongst investors that the COVID-19 Omicron variant might le...
Syndicated Content Jan 05, 2022
BOJ may revise up next fiscal year’s inflation forecast – sources
TOKYO (Reuters) - The Bank of Japan is expected to slightly revise up its inflation forecast for the fiscal year beginning in April on rising energy costs, though the new projection will still keep pr...
Syndicated Content Jan 05, 2022
Euro zone economic recovery faltered in Dec as Omicron spread -PMI
LONDON (Reuters) - The euro zone's economic recovery faltered in December as a resurgence in COVID-19 infections curtailed growth in the bloc's dominant service industry, a survey showed, and could we...
Syndicated Content Jan 05, 2022
Italian services activity growth cools in Dec -PMI
ROME (Reuters) - Italy's services sector continued to grow in December, but less quickly than in November, reflecting slightly slower gains in total new work, a survey showed on Wednesday. IHS Markit'...
Syndicated Content Jan 05, 2022
French services growth in December slightly below initial reading -PMI
PARIS (Reuters) - French services sector growth in December came in slightly below an initial estimate, according to a monthly survey, as the impact of the COVID-19 pandemic weighed on business activi...
Syndicated Content Jan 05, 2022
StanChart splits Hong Kong workforce on concerns about new COVID-19 outbreak
HONG KONG (Reuters) - Standard Chartered Plc has started operating in split teams in Hong Kong, a bank spokesperson said on Wednesday, as the Asian financial hub announced tough new restrictions after...
Syndicated Content Jan 05, 2022
China Mobile shares edge higher in Shanghai debut
SHANGHAI (Reuters) -China Mobile Ltd shares gave up strong early gains but finished the day higher in their Shanghai debut on Wednesday, after the company raised 48.7 billion yuan ($7.64 billion) in C...
Syndicated Content Jan 05, 2022
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