Daily Management Review
Business & Finance

Expansion Plans Into Japan Shelved By Beyond Meat

The plan of the United States based alternative meat firm Beyond Meat to venture and expand into the Japanese market has been shelved by it, claimed media reports quoting a Japan based investor. Instead of expansion of Japan, Beyond plans to currently devote its complete focus on the United States...

Criminal Charges Against 17 Goldman Sachs Executives Filed By Malaysis Over 1MDB Scandal

Following completion of investigations in the multi-billion-dollar corruption scandal that resulted in the dissolution of the State fund of Malaysia popularly known as the 1MDB, investigation authorities in the country has now filed criminal charges against 17 current and former directors of...

Broadcom to buy Symantec

The semiconductor manufacturer expects to increase annual revenue by $ 2 billion through the deal. One of the leaders in semiconductor manufacturing - Broadcom – is buying a division of the American Symantec, a leader in computer security. According to information published on the Broadcom website,...

Mastercard to buy Danish payment system Nets for €2.85 billion

American Mastercard, the second largest payment system in the world, has signed an agreement to purchase Danish technology company Nets A/S for €2.85 billion ($ 3.19 billion). According to Mastercard’s press release, this transaction will allow the company to expand its capabilities in the field of...

NASA To Include Jeff Bezos And Elon Musk’s Companies In Landing Man On Moon Again

The United States space agency has taken up plans to develop space technologies in its effort to send man again on the surface of the Moon by 2024 in the Artemis mission and later on send man to the Red Planet – Mars, and for this purpose, the agency has selected 13 companies for this purpose which...

Hong Kong magnates lose $ 19 billion due to protests

Wealth of Hong Kong businessmen has declined markedly over the past two weeks in the active phase of the protests. Financial assets on the Hong Kong Stock Exchange are also under pressure from the US-China trade war, but the local political crisis is becoming an increasingly serious factor in the...

More than 18 thousand lawsuits filed against Bayer in USA

The German chemical and pharmaceutical concern Bayer said that the number of lawsuits against the company in US courts has reached 18,400. Monsanto is accused of producing a poisonous herbicide due to glyphosate contained in it. Back in April, there were 13 thousand such claims. The trend of a...

Shell's profit drops to 2.5 years minimum due to low oil and gas prices

Royal Dutch Shell's profit in the second quarter fell to a minimum of two and a half years due to lower gas prices and refining margins, and fell short of analysts' forecasts. One of the largest energy companies in the world reported a 25% decrease in net profit due to shareholders, based on the...

Samsung wins in the US-China trade war

Both winners and losers from the U.S.-China trade war and Donald Trump’s sanctions against Chinese technology companies have now become visible in the global smartphone market. Samsung feels best of all in this situation. Despite recent problems with the foldable smartphone, the company has...

Higher Manufacturing And Investment Costs Hit BMW’s Second Quarter Earning

German car maker BMW’s second quarter performance has been hit by currency fluctuations as well as the increasing costs of development and production of electric vehicles and hybrid cars with the aim of meeting up with the stricter emissions limits in Europe and well as in other markets of the...
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