(Reuters) -Private equity firm TPG disclosed on Tuesday it is aiming for a $9.5 billion valuation in its U.S. initial public offering (IPO), as it presses on with a stock market flotation later this month.

The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday.

Theranos founder Elizabeth Holmes is likely to appeal her conviction for defrauding investors in the blood-testing company, but four legal experts say the fact that the jury acquitted her or failed to reach a verdict on several counts could work against her.

(Reuters) -TPG is aiming for a valuation of as much as $9.3 billion in its U.S. initial public offering, as the private equity powerhouse finally moves closer to a stock market flotation after toying with the idea of going public for several years.

Daimler's Mercedes-Benz has informed owners of its luxury cars of a technical defect that could spark a fire, the company said on Tuesday, adding a recall was not possible because parts needed to fix the problem are not available.

(Reuters) -Private equity firm TPG said on Tuesday it was seeking a valuation of up to $9.3 billion in its initial public offering in the United States.