Daily Management Review
Business & Finance

Apple Testing OLED Displays From China's BOE: Nikkei

Starting next year, advanced screens for iPhones from top Chinese display maker BOE Technology Group could be installed. The iPhone maker Apple is reported to be in the final stages of certifying the fixture. Analysts see this move as a measure by Apple to bring down costs and reduce its reliance...

Alibaba postpones listing in Hong Kong due to unrest in the city

Chinese e-commerce giant Alibaba Group Holding Ltd postponed the placement in Hong Kong amid growing political unrest in the Asian financial center, Reuters reports citing two sources familiar with the situation. Although a new listing deadline has not been formally set, Alibaba may hold the...

Amazon launches unclaimed goods charity program

Amazon, one of the world’s largest retailers announced launch of a new charity program for independent sellers trading on its site. Now those sellers who want to get rid of unsold or returned goods will be able to transfer these goods through charitable organizations to people in need. The new...

Range Of Road Cars Of Ferrari To Be Expand, But Not As Much Its Rivals

The marketing and sale of its easier-driving grand touring cars is planned to be expanded significantly by the Italian premium sports car maker Ferrari NV, said the company’s Chairman John Elkann while addressing a gathering of enthusiasts of classic cars at a storied golf resort on the Pacific...

Singapore RedDoorz bets on budget travel, raises $70 mln

The travel industry continues to gain momentum and attract investors. So, Singapore RedDoorz held the second round of financing attraction for the year, and its result was $ 70 million, which the company intends to use to expand the budget segment. The Singapore hotel reservation and support...

BlackRock’s Private Equity Fund Arm Turns The Largest Investor For Authentic Brands Group

Following its maiden investment round, the “new private equity fund” of BlackRock tops the investors in Authentic Group. Long Term Private Capital is the “new private equity fund” of BlackRock Inc with has ended its “maiden investment” as it took up “$875 million stake in Authentic Brands Group...

Analysts wait for Tencent to grow again

Tencent Holdings is expected to report improved financials during the quarterly report, while the market expects revenue growth and profits of the Chinese giant. It is assumed that mobile games will contribute to development of the company’s game business, while other areas, such as financial...

Boeing shipments fall by 38% in 2019

In January-July, Boeing reduced supply of passenger aircraft by 38% compared with the same period in 2018, follows from the company’s data. The number of goods sold decreased from 417 to 258. The decrease can mainly be explained by refusal of airlines to buy Boeing 737 MAX aircraft. The company has...

Norway pension fund holds off on ditching oil companies

In November 2017, the largest sovereign investment fund in the world, the Norwegian Oil Fund, with assets reaching $ 1 trillion, shocked global markets. Representatives of the fund said they intend to abandon investments in oil and gas companies totaling $ 35 billion in order to protect the...

Facebook Reportedly Offering ‘Millions’ To News Firms Against Content Rights

Sensing a great business opportunity in the Chinese market where, the food giant Nestle claims, the consumption per capita of coffee is still lower than global standards, the company has started to sell its Starbucks branded coffee in mainland China.   Last year, the exclusive right for the...
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