Daily Management Review

DMR

Don't Miss

China's Manufacturing And Service Activity Declines In April, Reducing The Pace Of The Economy 04/30/2024

Consumer Spending And Investment Support French First-Quarter Growth 04/30/2024

The Sun: The UK sends the first deported migrant to Rwanda 05/01/2024

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

Business & Finance

Eldorado Resorts becomes the largest casino operator in the USA

US casino and hotel operator Eldorado Resorts has completed an acquisition of rival Caesars Entertainment Corp. for $ 17.3 billion. Thus, the largest company in the US gaming industry was formed, which will overtake MGM Resorts International. The firm will own or operate 55 properties in 16 states...

Results Of Renault And Nissan Are 'Pathetic', Says Former Nissan Boss Ghosn

The results of the French auto firm Renault and the Japanese auto maker Nissan were "pathetic" and the companies are being operated without a leadership in a much more acute manner than the management of Covid-19. These comments against his former employers were made by former Nissan Motor Co Ltd...

Glovemaker companies surpass Tesla in growth

The price of shares of Malaysian companies, which are engaged in the production of rubber and latex gloves, has risen in the current 2020 more than the shares of the American electric car manufacturer Tesla, according to Bloomberg. In particular, papers of Supermax Corp. increased in price by more...

White House Adviser Says Tiktok Can Function As A US Company

The increased strained relations between United States and China has resulted in the Chinese short video messaging app TikTok finding itself in the crosshairs of the Trump administration. While the owning company of the app has already exited the Hong Kong market just as Beijing...

Netflix adds 10M subscribers amid COVID-19 lockdown, appoints new CEO

Online cinema Netflix said onThursday that it added more than 10 million subscribers in the second quarter and that the company will now be run by two CEOs. In April-June, when travel restrictions were imposed in the United States and other countries due to the novel coronavirus, Netflix gained...

US mortgage rate falls below 3% for the first time in history amid the pandemic

The interest rate on a 30-year mortgage loan in the United States fell below 3% for the first time in history, according to the Wall Street Journal. The fall in the average rate of a 30-year loan to 2.98% (the lowest in 50 years of registration) was reported by the largest American mortgage agency...

Oxford Could Reveal Its COVID-19 Vaccine By Tomorrow

If reports are to be believed, positive news has come about Oxford University’s COVID-19 vaccine. The Political Editor of ITV, Robert Peston said, “citing a source”, that there are positive news on the “potential COVID-19 vaccine” from the University of Oxford could be out as early as Thursday,...

WSJ: Largest US banks boycott oil and gas sector lending

The largest US banks are boycotting oil and gas sector lending, limiting companies' access to borrowed funds and putting millions of jobs at risk, the Wall Street Journal writes. The newspaper explains that this is happening under pressure from environmental organizations. “As a rule, banks...

Covid-19 Crisis Forced Rolls-Royce To Burn Through £3bn Cash

The novel coronavirus pandemic has forced the aerospace unit of the Rolls-Royce to burn through £3bn in cash within a period of just six months, the company said while also warning that it could be several years before the company would recover from the crisis. 3,000 of its employees...

New $1 Billion Fund Created Aimed To Help Struggling Antibiotic Making Companies

All those antibiotic companies that are currently struggling with financial problems could find some solace in a new $1 billion fund that has been founded recently and one that has been backed by 20 drug makers including Merck & Co Inc and Pfizer Inc. According to an industry group,...