In a deal that would make it the most valuable startup in China, Ride-hailing giant Didi Chuxing is near an agreement to raise $5 billion to $6 billion, reported the media quoting people familiar with the matter. One of the people, asking… Read More ›
In a continued push to diversify the United Arab Emirates’ economy as its comes under continued pressure from oil prices, Abu Dhabi has set its sights on developing a booming financial services sector. To power their economies, attempts to reduce… Read More ›
While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›
Within less than a year Toshiba has had a turnover of 2 auditors. Japan’s business daily, the Nikkei has reported that Toshiba Corp will be replacing its auditor PriceWaterhouseCoopers (PwC) Arata. The development comes in the wake of Toshiba struggling… Read More ›
The Trump administration is leaving no stone unturned to ensure that American business interests are protected from those trying to exploit loopholes and weaknesses in existing treaties. Wilbur Ross, the U.S. Commerce Secretary has told the Wall Street Journal that… Read More ›
Jason Mudrick Says Retail Is a Mess, to Say the Least. As retailers try to cope with the rapid acceleration and growing popularity of online shopping, they are filing for bankruptcy at a record rate, Mudrick says. Almost topping off… Read More ›
The slight changes in tone when it comes to their assessment of economic activity is expected to dominate the meeting of the European Central Bank meeting that is scheduled to be held this week. There appears to be little appetite to… Read More ›
The annual gathering of Intelligence officials from Britain, U.S. New Zealand, Canada and Australia come in the wake of North Korea upping its noise levels in the Asia-Pacific region. In a momentous development the results of which will no doubt… Read More ›
In 2016 German law enforcement agencies have filed 253,290 cases related to cybercrimes. As per a German newspaper, Germany’s law enforcement agencies in 2016 had registered 82,649 cases of espionage, computer fraud and other cybercrimes in 2016, an increase of… Read More ›
A consortium of internet giants, including Alphabet, Amazon, Facebook and others have made it lucidly clear to the FCC that “the internet industry is uniform in its belief that net neutrality preserves the consumer experience, competition, and innovation online”. In… Read More ›
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