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Indonesia’s GoTo set to wrap up $2 billion funding round, eyes IPO in 2022 -sources
By Anshuman Daga and Fanny Potkin SINGAPORE (Reuters) - Indonesia's biggest tech group GoTo is set to complete a pre-IPO funding exercise to raise up to $2 billion in the next few weeks, but regulator...
Syndicated Content Aug 19, 2021
New draft law won’t protect our sites, say Aboriginal groups
MELBOURNE (Reuters) - Aboriginal protesters on Thursday sharply criticised revisions to Western Australia's heritage laws, saying that, under the proposed changes, their traditional lands remained exp...
Syndicated Content Aug 19, 2021
Russia fines Google a further $26,989 for failing to remove banned content
MOSCOW (Reuters) - A Moscow court on Thursday said it had fined Alphabet Inc.'s Google 2 million roubles ($26,989) for failing to delete content Russia deems illegal, part of a wider dispute between M...
Syndicated Content Aug 19, 2021
Chinese AI startup SenseTime to file for Hong Kong IPO by end-August -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the e...
Syndicated Content Aug 19, 2021
ECB’s new guidance can boost inflation expectations, Lane says
FRANKFURT (Reuters) - The European Central Bank's new policy guidance can boost inflation expectations, paving the ground to higher interest rates down the line, the ECB's chief economist Philip Lane ...
Syndicated Content Aug 19, 2021
Indonesia’s central bank keeps rates at record low to support recovery
By Gayatri Suroyo and Bernadette Christina JAKARTA (Reuters) - Indonesia's central bank held its benchmark interest rate at a record low on Thursday as it tries to support the economy's recovery from ...
Syndicated Content Aug 19, 2021
British retailer John Lewis enters wealth management market
LONDON (Reuters) - Britain's John Lewis Partnership is entering the investments market for the first time, part of a plan to generate more revenue outside of retail, it said on Thursday. The employee-...
Syndicated Content Aug 19, 2021
VW says might have to cut production further due to chip shortage
BERLIN (Reuters) - Volkswagen may need to cut production further due to a semiconductor supply bottleneck, the German carmaker said on Thursday. Volkswagen expects the situation to improve by the end ...
Syndicated Content Aug 19, 2021
Payments processor Adyen’s profit boosted by US volumes
AMSTERDAM (Reuters) - Adyen NV, the Dutch company that helps to process payments for Netflix, Facebook and Uber, on Thursday beat market expectations with a 65% jump in first-half core profit, citing ...
Syndicated Content Aug 19, 2021
Siemens completes spin-off, favours smaller deals -CEO tells Manager Magazin
ZURICH (Reuters) - Siemens has completed its reorganisation, Chief Executive Roland Busch has told Manager Magazin, with the recently appointed executive favouring smaller acquisitions to expand the G...
Syndicated Content Aug 19, 2021
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