Daily Management Review
Business & Finance

Nissan Board Fails To Select Ghosn Successor: Media Reports

The successor of the beleaguered former chairman of Japanese automaker Nissan - Carlos Ghosn, is yet to be finalised by the car maker following the arrest of Ghosn on November 19 on charges of financial misappropriation under the Japanese law.   While the independent board members of the...

Illiad Bets On Netflix & Alexa to Revive ‘Declining Sales’

The much waited set-top box’s new version from Iliad is out which offers new key features. The Chief Executive of Illiad of France, Thomas Reynaud informed on Tuesday, 04 December 2018, that the company is attempting to revive its sales that are on the decline, whereby in its “new set-top box”...

Ford To Be Given Competition By GM In U.S. Commercial Fleet Sales

The leadership position of Ford Motor Co in the US commercial fleets is to be challenged by General Motors Co in terms of sales in order to increase profit margins because the company is facing reduction in consumer demand.   GM wants to increase demand and sale of light-duty trucks and cars...

IMF: Corporations cannot get rid of debts

Over the past five years (from the second quarter of 2013), non-financial corporations around the world have accumulated a total of more than $ 16 trillion of net debt, according to calculations by the Washington Institute of International Finance. Now the amount of debt is at a record high level...

AT&T Pledges To Cut About $20 Billion Of Debt In 2019

AT&T Inc has said that it is planning to offset its huge pile of debts and is committed to doing so by next year and for this purpose, the company is already considering a number of measures which includes revisiting the investments and feasibility of all of the non-core assets of the company...

Tesla Attains Production Target Of 1000 Model 3 Cars A Day

Tesla has managed to increase its production of Model 3 electric cars to a thousand a day – resulting in about 7000 units a week. however the US electric car maker is now focusing on maintaining that production rate and bringing down production costs according to reports.   According to an...

South Carolina, US Aerospace Industry Continues To Grow More Than The Average

A new study on the aerospace sector in South Carolina, US, claims that over the last few years, there has been a steady growth in the industry which has spurred expansion projects being taken on by many smaller and midsize aerospace firms and suppliers so that they are able to keep with growing...

Mitsubishi Heavy Industries ordered to pay compensation to victims of forced labor in the World War II

The South Korean Supreme Court upheld the appeals court decisions in two lawsuits filed against South Korean Mitsubishi Heavy Industries. The lawsuits demanded that the company compensate forced labor during the World War II. “We respect the court decision, and we will try to heal the wounds of...

Reduced Spending By Chinese Tourist Dents Sale Of Tiffany's, Stocks Drop

There has been a significant drop in the trend of purchasing by Chinese consumers and tourists travelling to the US and in Hong Kong, said luxury jeweller Tiffany which has resulted in the company reporting disappointing third-quarter sales figures. The disappointing resulted in the shares of the...

Cyber Monday sets sales record in the US

The last Cyber Monday set a new sales record in the USA - $ 7.9 billion, which is 19.3% more than a year earlier. Experts hope that, despite a slight decline in customer activity in regular stores, a significant increase in online sales will lead to the fact that the entire sales season of 2018...
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