Food delivery startup Zomato is looking to raise some $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory filing. It expects to close its books on Friday, and is the biggest offering in the country so far in 2021, …
See Original Article

Breaking News: “Headline inflation” for June was… 5.4%. The Bureau of Labor Statistics says so. Wow. That report is being greeted with choreographed shock and dismay by some politicians and much of the media, with write-ups that make it sound like the …
See Original Article

PUC Chairman Peter Lake told lawmakers the Texas electricity market would need to be fundamentally changed in order to be more reliable. “We are not tweaking on the edges …
See Original Article

T-Mobile US Inc. is lagging behind Verizon Communications Inc. and AT&T Inc. in the reliability, availability and speed of its wireless network, despite the company’s lead in new 5G services, a report concluded. While showing solid improvement over 2020 …
See Original Article

WELLINGTON (Reuters) -New Zealand’s central bank on Wednesday announced a halt to its pandemic-induced quantitative easing programme, sending the Kiwi dollar soaring as markets bet that a rate hike was now imminent this year. FILE PHOTO: …
See Original Article