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Britain to focus on on-line giants with new ‘Digital Providers Tax’

LONDON (Reuters) – Britain stated it will tax the income that on-line platforms resembling Google, Fb and Amazon make within the nation to replace a system that...

Three arrested over alleged bid to blackmail founding father of India’s Paytm

MUMBAI (Reuters) – Indian police have detained three individuals, together with the spokeswoman of the nation’s largest digital funds firm Paytm, over an alleged...

Exclusive: U.S. senators urge India to soften data localization stance

NEW DELHI (Reuters) – Two U.S. senators have called on Indian Prime Minister Narendra Modi to soften India’s stance on data localization, warning that measures...

Media companies, executives drop out of Saudi event over missing journalist

NEW YORK/DUBAI (Reuters) – Media companies are pulling out of a Saudi investment conference because of growing outrage over the disappearance of a prominent Saudi...

Media companies, journalists drop out of Saudi event after Khashoggi disappearance

(Reuters) – Media companies are pulling out of a Saudi investment conference as outrage grows over the journalist who went missing inside a Saudi consulate in...

The night a Chinese billionaire was accused of rape in Minnesota

MINNEAPOLIS/NEW YORK (Reuters) – With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a...

Indias Top Digital Payments Firm Bets On Local Expertise To Fend Off Rivals

SINGAPORE – India’s top digital payments firm, Paytm, is betting on its local expertise and a deep pool of backers to fuel business growth and fight off...

Alibaba Takes Joint Venture Route To Russia Expansion

VLADIVOSTOK, Russia – China’s largest e-commerce firm, Alibaba Group Holding Ltd has joined forces with a state fund and two technology firms in Russia,...

Las Vegas Is Booming Again And Bracing Itself For Next Slump

LAS VEGAS – Diane Han is trying to leave the Las Vegas of her childhood behind. Her mother is a blackjack dealer at Caesar’s Palace, one of the mega-casinos...

Alibaba Cedes Control In Russia Unit To Form New Joint Venture

VLADIVOSTOK, Russia – China’s largest e-commerce firm, Alibaba Group Holding Ltd, has ceded control of its Russian business to form a new venture with a...