Daily Management Review
Business & Finance

Japan's New Corporate Governance Rules Will Be Tested By Bid To Take Over Toshiba

The recent changes in rules in Japan for improving transparency of corporates and protect the interest of minority shareholders will be tested by the possible bid for Japanese conglomerate Toshiba Corp as well as the corporate governance at a company that has been hit by scandals in recent...

Australian Watchdog Claims Users Were Misled By Google Over Private Data Collection

Australia’s competition regulator has said that the United States based search engine giant Alphabet Inc's Google had misled a section of consumers about the collection of their personal location data through their Android devices as found by the country’s federal court.   It is seeking...

19% Q1 Profit Growth Reported By TSMC But Predicts Chip Shortage To Linger Into 2022

The Taiwan based semiconductor making company Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said that the tight supplies of chips will likely continue into next year but it is doing all it can to enhance its productivity and take all measures to reduce the global chip shortage.   Its...

Deliveroo Touts Its Doubling In Orders In Q1 Aimed At IPO Redemption

The British food delivery firm Deliveroo cited the more than doubling of its orders during the first quarter when the Covid-19 lockdowns was in force was the initial step for proving itself after the debacle that it encountered during its last month’s public listing in London.   “We have a...

EasyJet Expects To Fly More Flights From Late May

The British low cost airline easyJet effectively shrugged off concerns about the hit to air travel because of a potential third wave of Covid-19 infections in continental Europe – the possibility of which has dampened the hopes of a rebound in the travel industry this summer, as the airline said...

Apple Wants US SEC To Make Very Specific Emission Disclosure Rules

Apple wants the Securities and Exchange Commission (SEC) of the United States to make it mandatory for companies to disclose emissions made during their business processes including those that is generated from their "value chain," said a Tweet from Lisa Jackson, Vice President of Apple.  ...

Taxi aggregator Grab announces details of its IPO on NASDAQ

Singapore-based taxi aggregator Grab, popular in Asia, officially announced preliminary parameters for its initial public offering in the US, which was previously only known with reference to media sources. Grab said the offering will take place over the next several months on the NASDAQ exchange,...

Air Canada to receive $4.7 billion in government aid

Air Canada and the Canadian government have agreed on a $4.7 billion financial aid package for the carrier. According to a statement from Air Canada, Canada's largest air carrier, these funds will help it cope with the effects of the COVID-19 pandemic. The aid package consists of loans totaling...

The Once 'Green' Plug-In Hybrid Vehicles Could Be Banned Under New Draft Emission Rules In EU

The plug-in hybrid cars that were in vogue not long ago as the vehicles for the climate-conscious could be phased out by auto companies due to more stringent environment rules by the European Union.   This one time “transition” technology – the plug-in hybrid vehicles (PHEVs), which contain...

Saudi Aramco sells 49% of its new subsidiary

Saudi oil and gas company Saudi Aramco has agreed to sell 49% in its new subsidiary Aramco Oil Pipelines Company to a consortium led by US-based EIG Global Energy Partners in a deal worth $12.4 billion, the company said in a statement. "Aramco has signed an agreement with a consortium led by EIG...
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