Daily Management Review
Kārlis Dambrāns

US companies allowed to work with Huawei for 90 more days

Business & Finance

The U.S. Department of Commerce has extended 90-day authorization for US companies to partner with Chinese...
needpix.com

WTO Trade Barometer shows world trade sinking down

Economics

The growth rate of world trade in the IV quarter of 2019 will remain below the trend line. This is evidenced by the...
Volkswagen Begins Trial EV Production In Shanghai

Volkswagen Begins Trial EV Production In Shanghai

Business & Finance

The auto industry is taking the race to reach first the Chinese market with their respective EV products very...
WhatsApp Gets New Shopping Feature

WhatsApp Gets New Shopping Feature

Business & Finance

Facebook adds Whatsapp in its e-commerce run as it seeks to monetize its “high-growth” services for revenue boost. Last...
[puamelia] via flickr

SoftBank sets to create tech giant by merging Yahoo Japan and Line

Business & Finance

Japanese internet portal Yahoo Japan, owned by Softbank, and the operator of the popular messenger Line Corp. reached...
max pixel

Tesla to invest €4.4 bln in its first European plant

Business & Finance

Tesla intends to invest €4.4 billion in its first European plant, which will be built in Berlin, reports Bild am...
License To American Companies To Do Business With Huawei To Be Extended: Reports

License To American Companies To Do Business With Huawei To Be Extended: Reports

Business & Finance

According to reports, an extension for two week for a license to American companies will be given by the Trump...
Twitter To Face Tough Times Over Its Ban On Political Ads Policy Formulation

Twitter To Face Tough Times Over Its Ban On Political Ads Policy Formulation

Business & Finance

After having announced its decision to ban all political ads on its platform, the social media giant Twitter now has...
Bernard Spragg via flickr

Maersk profit plunges to $17 mln in January-September

Business & Finance

Net profit of Danish company A. P. Moller-Maersk A/S (Maersk) totalled $17 mln in January-September against $3.15 bln...

Management

A New CEO Being Searched For By WeWork: Reports

A New CEO Being Searched For By WeWork: Reports
Following the departure of its co-founder Adam Neumann, the United States based office space...

Elon Musk's fortune grows by $2 bln over a week

Elon Musk's fortune grows by $2 bln over a week
Fortune of the American entrepreneur, Elon Musk, increased by $ 2 billion over the week thanks to...

Norway wealth fund director is stepping down

Norway wealth fund director is stepping down
Yngve Slyngstad, Head of the organization managing the Norway Wealth Fund, decided to resign. This...

Fiat And PSA In A Possible ‘$50 Billion’ Tie-Up Talks

Fiat And PSA In A Possible ‘$50 Billion’ Tie-Up Talks
Fiat holds merger talks at a time when the auto industry sees dwindling demand as oppose rising...

Is Joining Libra Association Proving Costly To Zuckerberg?

Is Joining Libra Association Proving Costly To Zuckerberg?
Zuckerberg faces the U.S Congress for Libra Project and other failures of Facebook. Facebook Inc’s...

Boeing 737 MAX Crisis: Company Removes Senior Executive

Boeing 737 MAX Crisis: Company Removes Senior Executive
In what can be described as the most notable change in the management levels of the company, one of...

HSBC to lay off up to 15 thousand employees

HSBC to lay off up to 15 thousand employees
HSBC Bank's interim CEO, Noel Quinn, intends to significantly reduce the company's costs by cutting...

Science & Technology

Apple to come up with AR glasses

Apple to come up with AR glasses
In 2023, Apple intends to release its first “smart” glasses that will use augmented reality...

WEF: Big data regulation becomes a problem

WEF: Big data regulation becomes a problem
Development of new technologies will not lead to technological unemployment, but workers and...

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It
Israeli technology firm NSO Group has been sued by WhatsApp over allegations that the Israeli firm...

Google Used Quantum Computer To Solve Complex Problem

Google Used Quantum Computer To Solve Complex Problem
Is Google inching towards turning quantum computing into reality? Google reported that it has...

Mars Had Earth-like Salt Lakes

Mars Had Earth-like Salt Lakes
Researchers have found traces of minerals in Mars that indicate the presence of salt lakes on the...

Study: AI is not as profitable as you might think

Study: AI is not as profitable as you might think
A global survey of the structures of the University of MIT and the BCG group confirmed that...

Porsche, Boeing set to develop flying electric car

Porsche, Boeing set to develop flying electric car
German automobile concern Porsche aims to develop a new premium aircraft together with the American...

Samsung to invest $ 11 billion in new generation displays

Samsung to invest $ 11 billion in new generation displays
South Korean Samsung Display Co. plans to spend 13.1 trillion won ($ 11 billion) on development and...

US is betting on Nokia and Ericsson to replace Huawei

US is betting on Nokia and Ericsson to replace Huawei
The ongoing trade and political conflict between the United States and China, in particular the...

UPS becomes first to receive full regulatory approval for UAV shipping in USA

UPS becomes first to receive full regulatory approval for UAV shipping in USA
UPS logistics company received permission from the US Civil Aviation Administration to launch...
World Politics

World & Politics

Has Chile Put All Its Eggs In One Basket To Turn Towards Renewable Energy?

Has Chile Put All Its Eggs In One Basket To Turn Towards Renewable Energy?
Chile’s ambitious and innovative renewable energy attempts get shrouded in competition. On one hand, the government of Chile looks for “value for...

‘We Are Woefully Underprepared’ As Glaciers Meltdown Leaving Global Water Supply At Risk

‘We Are Woefully Underprepared’ As Glaciers Meltdown Leaving Global Water Supply At Risk
50% global water supply is mountain-sourced. How do we cope with the climate change impact on melting glaciers? Experts have warned that the world...

US to reconsider medical data security laws

US to reconsider medical data security laws
Collection of medical data by Google caused a big scandal in the United States. Federal regulators have already announced start of the investigation;...

Vale hiding information about problems at Brazilian dams could result in death of 270 people

Vale hiding information about problems at Brazilian dams could result in death of 270 people
Vale SA hid information from the Brazilian authorities about problems on the dam, which collapsed in January, resulting in the deaths of 270 people....

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China
The United States Donald Trump has been urged to take a stronger stance in condemning the treatment of Muslim minorities in the far western region of...

European Council agrees to extend Brexit again

European Council agrees to extend Brexit again
The European Council has decided to extend the Brexit term until January 31, 2020, according to an official communiqué circulated in Brussels on...

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan
The tensions between China and Taiwan, which Beijing claims as its territory, has plunged another Westenrn company into damage control mode.  ...

China to replace Hong Kong's Carrie Lam

China to replace Hong Kong's Carrie Lam
Carrie Lam's interim successor may be appointed by March. As the Financial Times learned, the Chinese government is preparing a plan to replace...