Daily Management Review
Business & Finance

Australian Telco Firm Penalized For Misleading Customers

Accused of misleading consumers, a penalty of 1.5-million-Australian dollar (1.14 million U.S. dollars) was ordered against the second largest telecommunications company of Australia by the Federal Court.   Between the period from late 2015 to early 2017 the Australian telecom company Optus...

Probe Into Import Of Vehicles And Parts Launched By Trump Administration

Import tariffs can be put on car and trucks into the United States in a manner similar to what was done aluminum and steel if a national security investigation into the imports launched by the Trump administration indeed shows threat to the national security of the country.   The U.S....

Shell’s C.E.O Gets Support From Wealth Fund Of Norway And Calls Upon Climate Goals In Energy Sector

Major investors, like BNP Paribas, HSBC and others too are in favour of a climate agenda in the energy sector. The “$1 trillion sovereign wealth fund” of Norway, being the largest in the world, casted a vote against “a motion” that was presented during the Royal Dutch Shell’s general annual...

Is There Any Truth In Barclays' Possible Merger Deal With StanChart?

The reports that were circulated claiming a rival tie up in the sector, is being said to be wrong, even though Barclays is facing pressure from the investors to boost up its profits in the investment banking branch. Barclays Plc will not be undertaking any “potential merger” with its rivals”...

Tesla Reduces ‘Model X’s Price In China By ‘$14,000’ Following China’s ‘Imported Tariff’ Reduction Announcement

Experts think that the price reduction move of imported auto manufacturers in China could gradually “foreshadow” even the domestic car brands. The company of Tesla cuts down “$14,000” in China for its Model X following the announcement of Beijing for major tariff reduction in “imported automobiles”...

Lloyds Bank’s ‘100 Million’ Pound Fund To Help Small To Medium Enterprises In Britain

The Hinkley Point C plant’s construction paves the way for usher financial help for Britain’s small to medium businesses. Small business will be able to “take advantage” of the opportunities from the supply chain while the construction of “Hinkley Point C nuclear plant” located in Britain takes...

Facebook Debacle Forces Cambridge Analytica To Files For Bankruptcy In U.S.

Battered by a severe criticism and allegations of irresponsible behavior and carelessness while dealing with private information of Facebook users and using private information for wrongful purposes. The United Kingdom based political analysis and consultancy firm Cambridge Analytica filed for...

Ocado’s Tech Deal With Kroger Results In 50% Increase In Its Shares

A deal with the US retail giant Kroger by online grocer Ocado resulted in a rise of its shares by an astounding 50 per cent.   With annual sales of $122bn (£90bn), Kroger is amongst the largest grocery chains in the world. This physical retailer would make exclusive use of the technology of...

Tencent’s profit jumps by 61% in the I quarter

Profit of Chinese Internet giant Tencent Holdings Ltd. for the first quarter exceeded expectations of analysts due to a significant increase in revenues from the gaming business, reports Bloomberg. Net profit of Tencent in January-March jumped by 61% compared to the same period last year to 23.29...

After WTO Ruling Against Airbus On Issue Of EU Funding, Threat Of Sanctions Issued By U.S. On Airbus

Following the ruling by the World Trade Organization that illegal government funding had been given to Airbus for development of jetliners, the European Union has bene threatened by the U.S. with imposing sanctions against it.    It was found in 2016 that Airbus had been helped in its...
1 2 3 4 5 » ... 161