Daily Management Review
Business & Finance

News Corp Stories Will Be Delivered On A News ‘News Tab’ On Facebook

A new ‘tab’ is being planned by the social media platform Facebook which will potentially contain news and some of the stories that would be published by the company in that ‘tab’ will be supplied by News Corp, publisher of The Wall Street Journal, the leading social network has now confirmed....

Volkswagen’s September Deliveries Up 9.2% On Strong Europe Demand

Germany’s largest auto manufacturing group Volkswagen reported a growth of 9.2 per cent in the number of vehicle deliveries by it year on year for the month of September. The company reported delivering a total of 904,200 vehicles in the period even as there is a gloom in the global auto industry....

'Deep Discussion' Held Between Apple CEO And Chinese Regulator In Beijing, Says China

According to the Chinese government, a "deep discussion" about a range of issues was discussed this week held between the Apple CEO Tim Cook and China's top regulator.   It was just a few days ago that Apple pulled out the HKmap app, a real-time mapping app that was used extensively by...

Wealthy Clients Of Credit Suisse To Be Charged For Cash Deposits

Many countries of the world currently are in the negative rate environment.   Credit Suisse is one such bank that is under such a regimen. The banker has recently announced that it will no longer bear all the burden of negative rates but will pass it on to some of the richer customers who...

Telegram postpones launch of tokens for six months

Telegram Group is forced to postpone the launch of its cryptocurrency due to a temporary ban on the sale of tokens in the United States, introduced after the lawsuit was filed in court by the US Securities and Exchange Commission (SEC). Telegram has warned investors participating in its ICO that...

Interbrand rating 2019: Internet, media and luxury brands are growing more expensive

Interbrand Consulting Company published an annual ranking of the largest global brands. The top three is unchanged – these are Apple, Google and Amazon. The most significant progress was shown by Internet companies, manufacturers of media content and luxury goods. There have been few changes in the...

Qatar Airways is considering replacing order of Boeing 777-8 for 777-9

Qatar Airways may replace the Boeing 777-8 wide-body aircraft with a larger 777-9 model, depending on how the machine will prove itself, Qatar Airways CEO Akbar Al Baker told Reuters. "If the performance of 777-9 is very close to the parameters of 777-8, then yes, we can replace the 8 with the 9,"...

Wells Fargo Sees A 26% Slump In Quarterly Profit

Additional legal expenses cost Wells Fargo a portion of its profit. On Tuesday, 15 October 2019, Wells Fargo & Co revealed that it saw a slip of twenty six percent in its quarterly profit. The profit slump is seen as the lender had to shell out an additional amount as legal expenses for a...

Goldman Sachs’ Quarterly Profit Slips By 27%

Goldman Sachs witnesses 6% overall revenue drop. Goldman Sachs Group Inc claimed underwriting related weakness as well as lower fees for “advising on deals” pushed its quarterly profits down by twenty seven percent.   In the quarter ending on September 30, 2019, Goldman saw a drop to “$1.79...

Harley-Davidson halts electric motorcycle production due to charging issues

US Harley-Davidson Inc. has suspended the production and supply of its first electric motorcycle due to a problem regarding equipment for charging it. The motorcycle manufacturer’s press release said the firm suspended production of the LiveWire model in order to test and identify the cause of the...
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