Daily Management Review
Business & Finance

Walmart Too Joins The Investment Rounds In Home Market

Creating new campus and jobs have become widespread in the U.S. market. The largest retailer of the world, Walmart Inc is also the biggest employer in the private sector, which has disclosed its plans to construct “a new corporate campus”. This move comes in the footsteps of its rivals like...

Three largest Chinese airlines sue Boeing

Air China, China Southern and China Eastern airlines require Boeing to pay for losses occurred because of 737 MAX 8 aircraft and transfer of ordered aircraft of this series. According to Chinese state-owned media China Southern Airlines, China Eastern Airlines and Air China will seek payments from...

Will disconnection from Android kill Huawei?

The Chinese smartphone maker Huawei is doomed to failure without the Android operating system, the use of which has been banned by Google, analysts say. The vendor has already begun developing its own operating system, but its chances of conquering the European market are very slim. Huawei, one of...

Tesla’s Worst Case Share Price Is $10, Says Morgan Stanley

Concerns over the saturation of the electric car market prompted analysts at Morgan Stanley to peg the share price of United States electric car maker Tesla at just $10 in a worst case scenario. This was another blow to the electric car maker in recent times which has been plagued by a string of...

Millennials Boosting Credit Card Industry Revive In US, But Banks Cautious

The younger population in the United States has again boosted the credit card industry of the country.   Since the global financial crisis of 2008, there was a decline of the popularity of credit cards especially among consumers in their 20s even though it has been amongst the most popular...

US Blacklisting Forces Google To Suspend Some Business With Huawei

According to media reports quoting industry and company sources, those business that require transferring of hardware, software and technical services from Huawei has been suspended by Alphabet Inc's Google. The suspended business however excludes those services that are publicly available through...

Starbucks’ Chinese Rival Luckin’s CFO Says What Distinguishes It From Its US Peer

The major rival of US coffee giant Starbucks in China – the domestic company called Luckin Coffee has managed to create a different business model which differentiates it from its US rival because of the technology based operations it follows, said the chief financial officer of the company during...

BP Investors Pressure Firm To Take More Action To Combat Climate Change

Major investors of oil major BP has indicated that they want more to be done by the company about the environment. It is being expected that the company would be pressurized to set tougher targets to combat climate change by investors in a meeting next week.   Activists and an increasing...

Stocks Of Huawei’s US Suppliers Tumble After Chinese Firm Put On US Blacklist

The issuing the executive order by United States President Donald Trump that banned the American telecom companies from using equipment and technology for foreign that are deemed to be threat to the national security, the share prices of the suppliers of Chinese tech giant Huawei stumbled...

Goldman Sachs buys United Capital investment company for $ 750 mln

American bank Goldman Sachs reached an agreement on the acquisition of United Capital Financial Partners, an investment management company, for $ 750 million. The deal will be the largest for Goldman Sachs in recent years. It will be paid in cash and is expected to be closed in the third quarter of...
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