Daily Management Review
Business & Finance

Boeing’s Grounded 737 Max Planes Will Not Fly Again Till Mid-Year

The Boeing 737 Max planes are not likely to return back to commercial flight until the middle of the year, the United States based airplane maker said. It added that this was because of new possible developments in the safety certification process as well as greater regulatory scrutiny on the...

Digital Currency Creation To Be Explored By A Group Of Six Central Banks

Six major central banks of the world will not be sharing their knowledge and experiences for making a realistic assessment of the possibility of launching and issuing central bank digital currency (CBDC) in their respective countries.   The six central banks have formed a group which...

Alleged Acceleration Issue With Its Cars Strongly Denied By Tesla

Claims that some of the Tesla cars were experiencing bouts of sudden acceleration in the United States have been strongly rejected by the electric car maker.   Last week, there were reports that more than 100 Tesla owners had signed a petition making claims of sudden acceleration in their...

Tesla to buy land near Berlin for its first European plant

American electric vehicle manufacturer Tesla Inc. agreed to acquire a plot of land in a suburb of Berlin, where the company will build his first European plant, local authorities say. Tesla's board of directors has agreed to sign an agreement with the federal state of Brandenburg on the purchase of...

Google Is The 4thAmerican Company Ever To Go Past $1 Trillion Market Value

Google’s parent Alphabet became the fourth American company that surpassed the $1 trillion mark in market valuation. The other companies include Apple, Amazon and Microsoft – all of which have surpassed the mark within the last two years.   “So proud to see it hit the storied $1T market cap...

Football’s First Billion-Dollar Club Is FC Barcelona: Deloitte Report

A new report has revealed that between 2018 and 2019, a record revenue of $959.3 million was generated by the Spanish soccer giant FC Barcelona. That made it the biggest cash-generating club in sports ever.   A ranking of the wealthiest soccer clubs of the world based on the revenues...

Samsung’s New Normal Shorter Chip-Cycle

Even though, Samsung has recorded poor performances in the last quarters of 2019, analysts expect an imminent recovery. The emergence of shorter “memory-chip cycle is drawing close. Likewise, a “34% slump in quarterly operating profit” is seen in Samsung Electronics’ 2019 year end figure. Even...

US court orders Telegram to disclose financial data at SEC's request

The US court demanded that Telegram disclose financial information, the access to which is requested by the US Securities and Exchange Commission. The company must transmit all the necessary documents until February 26. The District Court of the Southern District of the State of New York ordered...

Renault-Nissan Alliance Is Anything But Dead, Say The Companies

Japanese auto company Nissan has denied has denied media reports that there was a threat of dissolution of its alliance with the French auto giant Renault, announced the French auto maker on Tuesday. That announcement resulted in a surge in its stocks.   Shares of both Nissan and Renault...

Visa to pay $5,3B for Plaid fintech startup

US payment system Visa Inc. acquires Plaid startup for $ 5.3 billion. Plaid helps link bank accounts to mobile applications, according to Visa’s press release. "Today Visa Inc. announced signing of a final agreement to acquire Plaid, a network that allows people to easily and securely link their...
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