Daily Management Review
Business & Finance

Walmart to eliminate synthetic colors from own brands

Walmart Inc., the biggest retailer in the U.S., revealed plans to remove synthetic colors from its private-label products by January 2027. The firm intends to remove 30 additional ingredients, such as artificial sweeteners and preservatives. The alterations to the recipes will impact all food and...

Investment company Permira to sell Neuraxpharm for €3-4 billion

Investment firm Permira is considering the option of selling its pharmaceutical business Neuraxpharm. According to Bloomberg, informed sources indicate the deal's value might range from €3 billion to €4 billion. Sources indicate that Permira is currently in discussions with advisers, and the sale...

Huawei to double production of its most advanced AI chips in 2026

Huawei Technologies in China intends to nearly double the output of its top-tier 910C Ascend AI chips next year compared to this year, reaching an estimated 600,000, according to Bloomberg, which cites knowledgeable sources. The firm aims to boost total production of Ascend chips to 1.6 million by...

Meta will allow UK users to pay to opt out of ads on Facebook and Instagram

The American firm Meta will provide UK users of Facebook and Instagram the choice to pay to avoid ads on these platforms in the upcoming weeks, the company revealed. This choice will be priced at £3.99 ($5.32) monthly for iOS and Android mobile devices, and £2.99 monthly for the web. Account...

Apple Calls for EU to Roll Back Digital Markets Act, Citing Feature Delays and Risks

Apple has formally urged the European Union to repeal or significantly revise its Digital Markets Act (DMA), arguing that the law’s requirements are disrupting product development, delaying feature rollouts, and putting user privacy and security at risk. The company’s criticism comes as the EU...

Oracle plans to issue $15 billion in bonds

Oracle Corp., based in the US, intends to offer $15 billion in investment-grade bonds in the US, according to Bloomberg, which cites sources. The software developer is set to sell seven bond offerings, which will feature 40-year bonds. Pricing for the latter is under consideration at roughly 1.65...

Chery to hold Hong Kong IPO at upper end of price range

Chery Automobile intends to sell shares in its initial public offering on the Hong Kong Stock Exchange at the higher end of its previously stated price range of HK$30.75 ($3.96), according to Reuters, referencing sources. The firm might generate $9.145 billion ($1.2 billion) through the sale of...

Trump to approve TikTok deal this week, Oracle to retrain its algorithm

In connection with the imminent sale of the social media platform TikTok to a group of American investors, American Oracle Corp. will redesign its algorithm and guarantee its safe functioning in the U.S., Bloomberg states, referencing an unnamed official from the White House. This will enable...

Apple asks suppliers to increase production of base iPhone 17 models

Apple Inc., based in the US, has requested that at least two suppliers boost production of the standard model of the new iPhone 17 by 30% or more due to a strong surge in pre-orders over the weekend, according to reports from The Information, which cites knowledgeable sources. This week, Apple...

Nvidia may invest $500 million in British startup Wayve

Nvidia Corp. is considering a $500 million investment in British startup Wayve, which creates systems for autonomous driving. Wayve reported that the firms have committed to a letter of intent to assess the investment. Nvidia has been an investor in Wayve since 2018, providing AI chips for its...
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