Daily Management Review
Business & Finance

Global Sports Capital Converges on IPL as David Blitzer Intensifies Franchise Battle

The Indian Premier League has entered a new phase of global financial magnetism, with U.S. billionaire investor David Blitzer emerging as a serious contender for a controlling stake in one of its marquee franchises. His reported due diligence on Royal Challengers Bengaluru and Rajasthan Royals...

De Beers raises large diamond prices amid shortage

De Beers increased the prices of large diamonds during its regular auction, which took place this week in Botswana, as reported by the industry news agency Rapaport. This action shows a significant lack of diamonds that are 5 carats or bigger, as cutters are fighting for available supplies due to...

Panasonic to partially transfer control of European TV segment to China's Skyworth

Japanese Panasonic Entertainment & Communication (PEAC), which is part of Panasonic's entertainment and communications division, has announced that it will hand over responsibility for sales, marketing, and logistics in Europe to Shenzhen Skyworth Display Technology Company, a Chinese company....

Nvidia is close to investing up to $30 billion in OpenAI, replacing previously agreed $100 billion

According to CNBC, which is citing an anonymous source, Nvidia Corp. is considering investing as much as $30 billion into the artificial intelligence startup OpenAI. This potential investment could lead to a pre-money valuation of OpenAI reaching up to $730 billion. According to the source, this...

Meta to buy "millions" of chips from Nvidia as part of expanded AI partnership

Meta has entered into a new long-term agreement with Nvidia Corp., where Nvidia will provide Meta with the necessary equipment to build and operate its AI data centers. Meta plans to buy millions of Blackwell and Rubin chips, along with Grace and Vera CPUs, from Nvidia. The company has been...

Hermès Defies Luxury Slowdown as Pricing Power and China Resilience Drive Outperformance

In a global luxury market marked by uneven demand and post-pandemic recalibration, Hermès has continued to distinguish itself. The Paris-based house delivered revenue growth that surpassed market expectations, reinforcing its reputation as one of the most resilient names in high-end fashion. While...

Bullion Strengthens as Currency and Bond Market Shifts Reinforce Gold’s Monetary Appeal

Gold’s advance during periods when the U.S. dollar softens and Treasury yields retreat is not a coincidence of daily trading. It reflects a deeper, structural relationship between bullion and the global monetary system. When investors sense that economic momentum may cool and interest rates could...

India Reinforces E-Cigarette Prohibition as Public Health Doctrine Overrides Global Tobacco Pressure

India’s decision to retain its sweeping ban on electronic cigarettes and heated tobacco products is more than a regulatory stance; it reflects a deliberate and sustained public health doctrine that prioritizes population-level risk reduction over industry-led innovation. Since the Prohibition of...

Alphabet seeks to raise $15 billion by placing dollar bonds

According to Bloomberg, which is citing reliable sources, Alphabet Inc. plans to raise $15 billion by issuing dollar-denominated bonds. According to these sources, the company intends to offer seven different groups of bonds for sale.  The first estimate for the interest rates on the...

Petrobras, TotalEnergies acquire 42.5% stake in offshore oil exploration project in Namibia

Brazil's Petrobras and France's TotalEnergies each obtained a 42.5% share in an offshore oil exploration project in Namibia, according to an announcement by Petrobras. The stakes were obtained from Eight Offshore Investment Holdings and Maravilla Oil & Gas. TotalEnergies will become the project...
1 2 3 4 5 » ... 422