IBT Staff Reporter

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.

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

Alphabet unit Google has committed to resolving a copyright dispute in France over online content, the country's antitrust authority said on Tuesday, as pressure mounts for big tech platforms to share more of their revenue with news outlets.

Alphabet unit Google has made commitments to resolve a dispute in France over copyright for content used online, the country's antitrust authority said on Tuesday.

Spain-based cabin crew at easyJet plan to go on strike for nine days in July to demand higher pay from the budget airline, local union USO said on Tuesday, potentially adding to travel woes as the sector struggles to cope with rebounding demand.

Harmonised insurance protection schemes of last resort are needed across the European Union as consumers increasingly buy policies from outside their country, the bloc's insurance regulator said on Tuesday.

Global airlines are grappling with a double whammy from the rare combination of a strong U.S.

French opposition leaders told President Emmanuel Macron on Tuesday they would not make life easy for him as he sought a way to avoid political paralysis after this weekend's election setback in parliament.

France's opposition parties said on Tuesday that an "arrogant" Emmanuel Macron will have to change tack and listen to them to win their support on a case-by-case basis after losing control of parliament.

Floodwaters inundated more of Bangladesh and northeast India on Tuesday, officials said, as authorities struggled to reach more than 9.5 million people stranded with little food and drinking water after days of intense rain.

Britain's payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S.

Britain's payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S.

Standing on a snowy mountainside about 2,500 metres above sea level, Eric Marechal holds up a crimson test-tube.

The Bank of England's monetary policy must focus on its main goal of controlling inflation, rather than trying too hard to stabilise the exchange rate or economic activity, its chief economist Huw Pill said on Tuesday.

South Korea space rocket launch puts satellites in orbit

Elon Musk, CEO of Tesla, said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted a U.S.

Elon Musk said there are still a few unresolved matters with his Twitter deal including the number of spam users on the system and the coming together of the debt portion of the deal.

Patten hits outs at China's 'vengeful' acts in Hong Kong

Japan Airlines (JAL) plans to make a decision in a year or two on the replacement of its ageing fleet of Boeing Co 767s and Embraer SA regional jets, a senior executive said on Tuesday.

'We are ready', Ukraine towns insist as Russians advance

Tens of thousands of workers walked out on the first day of Britain's biggest rail strike in 30 years on Tuesday, with millions of passengers facing days of chaos as both the unions and government vowed to stick to their guns in a row over pay.

Tens of thousands of workers walked out on the first day of Britain's biggest rail strike in 30 years on Tuesday with passengers facing further chaos as both the unions and government vowed to stick to their guns in a row over pay.

Britain's biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the way for widespread industrial action across the economy in coming months.

For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way.

Standing by his swimming pool at his home in an affluent Madrid suburb, retired engineer Juan Manuel Cosmes Cuesta enthuses over the 30% state subsidy he will get for installing solar panels that have already more than halved his monthly power bills.

U.S. President Joe Biden is considering scrapping tariffs on a range of Chinese goods to curb inflation, but no decision is likely before next week's Group of Seven summit, people familiar with the matter said.

Leonardo's U.S.-based electronics unit, DRS, has agreed to buy Israel's RADA Electronic Industries, the Italian defence group said on Tuesday, paving the way for the combined business to list on the Nasdaq stock exchange.

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.

Dead rivers: The cost of Bangladesh's garment-driven economic boom