Daily Management Review
W. Bulach

Marine supplies of diesel from Asia to Europe to reach a five-month peak

Economics

According to data from Vortex cited by Bloomberg, five ships with a combined capacity of nearly 3 million barrels of...
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Geely's profit loses 35% due to lockdowns

Business & Finance

In the first half of the year, the net profit of Chinese automaker Geely decreased by 35% to 1.55 billion yuan ($228...
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Bloomberg: Five major commodity industries face energy crisis

Economics

Pressure on important areas of the global economy is rising as a result of the energy crisis. According to Bloomberg,...
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UK begins importing LNG from Australia

Economics

In the midst of a European energy crisis, the United Kingdom has begun importing liquefied natural gas from Australia,...
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Shell to close oil pipeline between the Gulf of Mexico and the US

Business & Finance

According to Reuters, the Anglo-Dutch Shell announced plans to shut down a pipeline in the Gulf of Mexico for two weeks...
Chainalysis Says Losses Due To Cryptocurrency Breaches Rose By 60% Between January And July, Totaling $1.9 Billion

Chainalysis Says Losses Due To Cryptocurrency Breaches Rose By 60% Between January And July, Totaling $1.9 Billion

Business & Finance

Losses from cryptocurrency thefts increased by nearly 60 per cent in the first seven months of the year to $1.9...
Volkswagen And Mahindra & Mahindra Expand Their Collaboration On Electric Car Components

Volkswagen And Mahindra & Mahindra Expand Their Collaboration On Electric Car Components

Business & Finance

Volkswagen AG and Mahindra & Mahindra signed a term contract on Monday under which the German automaker will sell...
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Reuters: The world sets to switch to less environmentally friendly fuels

Economics

Prices for natural gas are rising and will continue to do so as the supply is getting harder to come by. Consumer...
China Unexpectedly Lowers Two Major Interest Rates And Withdraws Funds From The Banking Sector

China Unexpectedly Lowers Two Major Interest Rates And Withdraws Funds From The Banking Sector

Economics

In an unexpected move on Monday, China's central bank reduced a key interest rate for the second time this year and...

Management

Art & Art Market

€837,545 for A Precious Eighth-Century Umayyad Parchment!

€837,545 for A Precious Eighth-Century Umayyad Parchment!
Enriched with gold illuminations and intricate calligraphy, Islam’s holiest texts were available in sumptuous forms. However, it was a more sober version that attracted the most attention at a recent auction. The late 15th-century two-volume Quran is presumably from the India of the sultans. The...

Opening: South Korean Artist Lee Ufan in Arles

Opening: South Korean Artist Lee Ufan in Arles
Lee Ufan Arles has just opened in the Hôtel Vernon, a hôtel particulier (private mansion) where his minimalist works are in their element. A look back at this sumptuous collection that embodies the essence of his philosophy. South Korean artist Lee Ufan  no longer needs an introduction....

The Rediscovered Frescoes in the Palace of Monaco

The Rediscovered Frescoes in the Palace of Monaco
Sixteenth-century frescoes in the Princely Palace hidden under several coats of paint are undergoing an eco-friendly restoration, which will benefit research. About 20 frescoes lie beneath the ceiling of the marble alcove bedchamber in the Palace of Monaco. One millimeter after the next, chisels...

Science & Technology

Indonesia Starts On-Road Testing Of Biodiesel That Has 40% Palm Oil

Indonesia Starts On-Road Testing Of Biodiesel That Has 40% Palm Oil
According to the energy ministry of Indonesia, the country has begun testing two types of...

USA, UK defense companies set to develop anti-hypersonic defense systems

USA, UK defense companies set to develop anti-hypersonic defense systems
Both Raytheon Missiles & Defense in the USA and Cohort in the United Kingdom claim to be...

Apple sets for digital healthcare

Apple sets for digital healthcare
Apple Inc. published a report detailing a strategy in the digital health markets: on the one hand,...

Hydrogen Booster Truck Model Launched By UK EV Startup Tevva

Hydrogen Booster Truck Model Launched By UK EV Startup Tevva
Tevva, a British commercial electric vehicle (EV) startup, debuted its first truck with a hydrogen...

ExxonMobil CEO expects global shift to electric cars by 2040

ExxonMobil CEO expects global shift to electric cars by 2040
According to ExxonMobil CEO Darren Woods, by the year 2040, every new vehicle sold worldwide will...

Juul e-cigarettes banned from sale in the US

Juul e-cigarettes banned from sale in the US
The sale of electronic cigarettes and Juul Labs cartridges in the US has been outlawed by the US...

World’s first flight on 100% sustainable jet fuel takes place in Sweden

World’s first flight on 100% sustainable jet fuel takes place in Sweden
The first flight ever utilizing just 100% sustainable aviation fuel (SAF), a biofuel generated from...

AstraZeneca Will Not Do Anything Differently, Says CEO About Its Covid-19 Jab

AstraZeneca Will Not Do Anything Differently, Says CEO About Its Covid-19 Jab
Despite "setbacks," the head of the pharmaceutical company behind the Oxford-AstraZeneca Covid-19...

Small Nuclear Power Plants May Be Embroiled In Significant Waste Issues - New Research

Small Nuclear Power Plants May Be Embroiled In Significant Waste Issues - New Research
According to a study published on Tuesday, a projected new generation of tiny nuclear reactors will...

China is boosting solar power investments

China is boosting solar power investments
According to Bloomberg, China increased its investment in solar energy projects from January to...
World Politics

World & Politics

South Korea to cut budget for first time since 2010

South Korea to cut budget for first time since 2010
The South Korean government will reduce the nation's budget in 2023 in response to the rise in global interest rates. This is the first move of this...

U.S. delays imposition of duties on Chinese goods

U.S. delays imposition of duties on Chinese goods
According to sources cited by Reuters, the White House has decided to delay imposition of customs taxes on Chinese imports. They claim that this...

China restricts flights around Taiwan until the end of the week

China restricts flights around Taiwan until the end of the week
According to Bloomberg, China has banned planes from six airspaces surrounding Taiwan. Restrictions will be in place from August 4 until August 7 on...

Myanmar military extends state of emergency for six months

Myanmar military extends state of emergency for six months
The state of emergency was prolonged by Myanmar for a further six months. Myin Swe, the nation's acting president, took the initiative. According to...

Egypt terminates contracts for 240 thousand tons of Ukrainian wheat

Egypt terminates contracts for 240 thousand tons of Ukrainian wheat
According to Reuters, Egypt has cancelled contracts for the purchase of 240,000 tons of wheat from Ukraine that were to have been delivered in...

EU to allocate €1.59 billion to Ukraine through European Investment Bank

EU to allocate €1.59 billion to Ukraine through European Investment Bank
The European Investment Bank (EIB) will provide $1.59 billion to help Ukraine's citizens and reconstruct its infrastructure. According to a statement...

India elects woman as new president for the second time in history

India elects woman as new president for the second time in history
Draupadi Murmu, the victor of the Indian presidential elections, will be sworn in on July 25, the day before Ram Nath Kovind's time as president...

Lenders to suspend Ukraine's sovereign debt payments

Lenders to suspend Ukraine's sovereign debt payments
The six nations that hold Ukraine's debt decided to offer it a postponement of sovereign debt service until the end of 2023, with the option of an...