US-based department store chain Target has agreed to pay $10 million in a settlement addressing a class-action lawsuit filed on the company related to a data breach in 2013.   The company’s proposal now stands with the Federal Court for approval and if it goes through, individual victims of...

Through its Explore Fund, The North Face wants to be the catalyst for the next gen outdoor athletes. Founded in 1966, The North Face, a division of VF Outdoor Inc, has a clear set of ideals as it goals. It endeavours to prepare rigorously young men and women as outdoor athletes. The North Face...

The French company Total auctioned share one of the most promising natural gas fields in the region of the UK, according to FT. The oil giant wants to sell 20% of the fiels Lagan-Tormor, which is 125 kilometers to the west of the Shetland Islands. The deposit is considered to be one of the best...

Canada-based publicly-traded pharma company Valeant Pharmaceuticals is looking to acquire US-based Salix pharmaceuticals beating out its competitor Endo Pharmaceuticals with a $173 a share cash offer. The revised offer by Valeant will boost the initial bid of $158 per share by around 10 percent...

Canada-based smartphone maker BlackBerry Ltd has won the dismissal of a US lawsuit which accused the company of fraudulently inflating its stock price. The lawsuit alleged that Blackberry created misleading data about the prospects of its BlackBerry 10 smartphone line. But the US district judge...

US-based e-commerce giant Amazon Inc is narrowing down on India as its next potential market with limited success in China, the world’s most populous country. With more than a decade of trials and tribulations to expand footprint in China, the company is now looking to list a variety of products...

Crowdfunding platforms are projected to go beyond $5 billion in 2015. Crowdfunding is an internet enabled model of business to collect investments from multiple individuals. No one can deny the key role of crowdfunding platforms in the world of digital entrepreneurship. The imaginative products...

Oil prices plunge based on the expectations that US crude oil inventories are likely to hit a new record high. Global oil & gas sector’s renaissance driven by US shale revolution has been facing major challenges due to drastic slide in crude oil prices. With US oil industry drilling at four...

Failure of Banking system has been a vital factor since 2008 financial crisis UK is entering a phase of deep political uncertainty as economic crunch makes way for constitutional turmoil. UK business investments have dropped at steepest rate in past 6 years in response to plunging global oil...