Daily Management Review
Business & Finance

Cryptocurrency Trading Platform To Be Launched By Standard Chartered

A new brokerage and exchange platform in Britain and Europe will be launched by a unit of the Standard Chartered Plc and the new services will be offered to primarily to institutional clients in Britain and Europe, the bank said recently.   A joint venture between SC Ventures, the innovation...

Major meat producer resumes factory operations after cyberattack

Major meat producer JBS said it has fully restored all factory operations following the cyber-attack. "Today JBS USA and (its division) Pilgrim's announce that all of their factories around the world are fully operational following the resolution of the May 30 criminal cyber-attack," it said in a...

Permission to have three children in China pushes up local baby products manufacturers

Shares in Chinese children's goods manufacturers have risen sharply after the authorities allowed families to have three children, rather than a maximum of two as before. The authorities changed the rules amid the lowest population growth rate ever calculated. Shares in Chinese manufacturers of...

Krispy Kreme gives away over 1.5 million donuts to vaccinated Americans

Krispy Kreme has handed out more than 1.5 million donuts in two months as part of a promotion for vaccinated visitors. The company promised all vaccinated guests one free doughnut a day. The Krispy Kreme chain has given away more than 1.5 million doughnuts as part of its own promotion, CNN reports....

Global Chip Shortage Could Take Several Years To Resolve: Intel Chief

The global shortage of semiconductors has caused shit breaks in production of car of many global automakers while it is also affecting production in other industries such as in the consumer electronics.   However the problem is likely to remain for several years before it can be completely...

Bill and Melinda Gates foundation to change management structure after Gates' divorce

The management structure of the Bill & Melinda Gates Foundation will change after their divorce, according to The Wall Street Journal. The former spouses are discussing several different options, according to the magazine, with the main one involving the creation of a new governing body, a...

"Tsunami Of Closures" Faced By British Retailers Without Government Help

According to the warning of the industry lobby group the British Retail Consortium (BRC), if the British government does to extend the moratorium on aggressive debt enforcement, there will be a "tsunami of closures" in the retail sector of the country. This warning was issued by the industry body...

EU Gives TikTok A Month To Respond To Charges Of Consumer Rights Breaches

The Chinese owned shirt video sharing app TikTok is alleged to have violated the consumer laws of the European Union and has also allegedly failed to protect children from hidden advertising and inappropriate content, according to complaints filed by EU consumer groups with the regulator of the...

US Will Remain Its Vital Market Despite Retail Exit, Says HSBC

After the British lender HSBC announcing the sale of its mass market retail banking business in the United States, it reiterated the importance of the market as being hey to its growth plans even though it has for long struggled to make a strong profit in the market because of intense competition...

Global Auto Firms In China Rush To Store Car Data Locally As China Proposes New Rules

There is growing pressure on auto companies in the biggest car market of the world - China, over how these companies deal with information from vehicles and this has prompted foreign auto companies like BMW, Daimler and Ford to set up facilities in China for storing data generated by their cars...
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