Daily Management Review
Business & Finance

Apple To Be Hurt By Increase In Import Tax On Electronic Items Including Cell Phones By India

With the intention of providing a fillip to the domestic electronics industry in India, the government there has announced an increase in the taxes on importing of dozens of electronic items – from smartphones to television sets.   This move has a direct bearing on the business of iPhone...

Indian Cricket And Cash Can Belong To Disney Through Fox’s Star

The fast-growing Indian media market could open up to Walt Disney Co from its anticipated deal with Twenty-First Century Fox Inc as the former would have opportunities to take advantage of in India through cricket rights and local-language TV shows.   The popular Hotstar streaming service...

Disney to buy 21st Century Fox for $ 75 bln

Walt Disney’s deal to buy 21st Century Fox, Rupert Murdoch's business for the production of cinema and TV shows, will cost $ 40 per share, or just $ 75 billion, Reuters reports citing a source familiar with the situation. The deal, which will be announced shortly, will complete more than half a...

Three-Year High Rate Of Food Inflation Drives U.K. Supermarkets Sales Higher

In the last few week, high end retail chains like Tesco and Sainsbury's, appear to have made most of the high rates of inflation in Britain – which is at an all time high in the last four-year period. All of the four big UK retailing companies reported the strongest growth rates in the...

Bitcoin May Attain Calm And End Volatility – Making It Boring For Some

It is an undeniable fact that a stir in the world currency markets has been caused by the cryptocurrency bitcoin – whether one likes it or not.   There have been a series of controversial incidents surrounding bitcoin ever since it was invented back in 2009 and such incidents range from...

Australia's Westfield’s Acquisition For $15.7 Billion To Be The Largest For The Country

It would possibly be the largest acquisition of an Australian company ever after Westfield Corp, owner of serval shopping malls, is acquired by France’s Unibail-Rodamco, for about $15.7 billion.   The global retail property sector is under pressure from the online retailing companies such as...

Former brokers are making money on Brexit in Luxembourg

Two former brokers from London that now live in Luxembourg found an interesting way to make money on Brexit, Bloomberg writes. Mark Hollis and John Heffernan opened a shop. Now, they are offering financiers leaving the City of London a constant supply of British products such as Marmite or...

Google- Amazon Spat Intensifies As Google Pulls Out You Tube From Amazon Devices

Criticizing the online retailer Amazon.com for refusing to sell Google hardware, the IT giant has announced that it would pull out its video streaming application YouTube form two devices of Amazon.com which reflected a rare instance of public spat between the companies in the technology industry....

The Central Bank of China: Bitcoin is doomed to die

Following investment bankers, central banks and some media criticizing Bitcoin, the People's Bank of China took the floor. He predicted an ignominious end to the crypto currency. For half a year or so, China has been the world’s dominant region for Bitcoin. However, when capital flight from the...

Xiaomi expects to raise $ 50 billion during the IPO

Chinese equipment manufacturer Xiaomi is in talks with investment banks about the initial public offering of shares, during which it hopes to raise at least $ 50 billion, Bloomberg reports with reference to people familiar with the situation. The Beijing company may enter the IPO next year. The...
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