Daily Management Review
Business & Finance

Looming US Tariff Not A Deterrent For BMW To Change Its Mexico Production Plans

The plan of expansion of BMW into Mexico is apparently ill timed.   Just four days before the imposition the suddenly announced tariffs on all products coming from Mexico by United States president Donald Trump, the German automaker inaugurated its latest final assembly plant in San Luis...

Beyond Meat Beat Expectations In Its First Quarterly Report Since IPO In May

Beyond Meat – the United States based alternative meat company fared well in its first quarterly earnings reporting since it went public with a much talked about IPO in May this year. The company comfortably beat Wall Street estimates and saw its stocks go up by as much as 20 per cent in after...

EU Telecom Body Warns Of A Hit Of $62bn To Industry By Ban Of Chinese Firms In 5G

According to reports quoting information and analysis by the telecommunication industry’s main lobby group in Europe, phone connectivity companies in the continent would have to shell out an additional € 55 billion ($62 billion in extra costs in if the regulators in the economic block decide on...

3 German giants that lost their fame

Germany has long been a symbol of developed industry, successful companies and efficient business. However, recently the situation has begun to change, and not for the better. Germany's large concerns are going through difficult times. This makes analysts think about whether this is a coincidence...

Production Of Smartphone In China Plant To Be Cut By Samsung Electronics

The largest smartphone maker of the world South Korea’s Samsung Electronics Co Ltd is facing a very stiff competition from domestic Chinese tech companies in the Mainland China market which has reduced its market share to a very small 1 per cent. This has forced the South Korean tech giant to...

US Blacklisting Forces Huawei To Stop Smartphone Production: Reports, Huawei Denies Claims

Production of its smartphones is being stopped by China’s tech giant Huawei following the blacklisting of the company by the United States Commerce Department last month according to media reports quoting sources.   But such claims by the media have been denied by the second largest maker of...

Alibaba Share Sale To Give 1.2 Trillion Yen Profit To Softbank Group

Sale of its share that it held in the Chinese tech giant’s parent company Alibaba Group Holding Ltd by Japan's SoftBank Group Corp would potentially yield about 1.2 trillion yen or $11.12 billion in pre-tax profit, the Japanese company said in a on Monday.   The revenues generated from the...

Carrefour Sees Sales Boost Through Blockchain Tracking

Blockchain technology tracking system enables Carrefour to gain more customers’ trust. Carrefour SA is a French retailer which informed about its sales boost due to the usage of “blockchain ledger technology”. The said technology was used for tracking “meat, milk and fruit” transfer from the “farms...

US tech giants lose $ 182 billion due to possible antitrust investigation

The total market capitalization of four US IT corporations — Alphabet, Amazon, Apple and Facebook — sank by $ 182 billion after it became known that an antitrust investigation could be launched in the US. Thus, at over-the-counter trades, Alphabet shares dropped in price by about 7% to $ 1,027, the...

FCA To Better Its Merger Offer For Renault To Convince French Government: Reuters

Fiat Chrysler is attempting to convince the French government to approve and back its proposal for merger with the French auto maker Renault in which the French government is a major shareholder and the company is contemplating giving Renault a special dividend and stronger job guarantees,...
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