United States was not on the list of U.S. entrepreneur Bharath Rao when he was on the loo out for raising of money for his crypto-currency derivatives trading business. Instead, he sold the token form the East African island nation Seychelles.   But Rao is not along in this trend.  ...

British-Dutch Royal Dutch Shell will return to paying dividends in cash and will increase investments in clean energy after more than two years of cutting costs, writes Reuters. Starting from the IV quarter, Shell will stop paying dividends in shares. This scheme was introduced in early 2015 to...

Precision guided munitions, valued at $7 billion, would be bought by Saudi Arabia from U.S. defense contractors, according to the latest media reports. However, the reports also indicated that there could be objections to the deal in America on apprehension that the weapons could be used or...

The world of international RFPs is considered sometimes as a realm reserved to large multinationals. But not only can mid-sized firms perfectly well take the cake in transnational calls, but margins are often substantially worth the effort. Such deals, however, require certain skills in the process of making the offer, lest the sales attempt be stillborn.

The fate of Uber on the compromise of customer privacy policies, as the company failed to notify its customers as well as regulators, remains to be decided while the regulatory body said that companies could be subject to “higher fines” for deliberate concealing of breaches. On Wednesday, the “data...

There would be a growth of more than 8% CAGR for the period between 2017 and 2021 in the global market for premium denim jeans, predicts a Technavio market research analysis.   The latest report om the market arrived at the conclusion after conducting an analysis of the current scenario and...

The EU's chief negotiator for Brexit, Michel Barnier, pointed to a number of restrictions for Britain, warning that banks will lose their passport rights for work in the EU, and demanding a solution to the border issue of Northern Ireland, reports Bloomberg. "The legal consequence of Brexit is that...

In the eventuality that the Saudi authorities decide to widen their declared crackdown on corruption, restructuring of their business is what wealthy Saudis are seeking to achieve in order to ring fence their assets from such an eventuality, according to media reports quoting people with...

A recent market study has found that most consumers are only willing to spend about the same amount that they had spent last year during the holiday shopping season this year also. But the demographic segment that is most likely to exhibit an enhancement in spending are young adults in the age...