Daily Management Review
Business & Finance

Fujifilm buys Hitachi unit for $ 1.63B

Japanese Fujifilm Holdings has confirmed the purchase of a unit of Hitachi Ltd., specializing in the production of medical equipment, according to a press release from Fujifilm. "We expect the deal to reach approximately 179 billion yen ($ 1.63 billion)," the company said. Fujifilm also announced...

Uber is in talks to sell Uber Eats in India

Uber has begun negotiations to sell its Uber Eats food delivery service in India to local rival Zomato, according to The Wall Street Journal, citing three informed sources. Uber is in talks to sell its Uber Eats division in India to local rival Zomato, three informed sources told The Wall Street...

Boeing Could Halt 737 MAX Production

FAA thinks Boeing’s “public statements” are “designed to force FAA into taking quicker action”, while the company is facing the dilemma of whether to stop the 737 MAX production or not. Boeing is seriously thinking about if its needs to stop manufacturing the “737 MAX” following the last week’s...

Pioneers Of Sustainable Funds Pressurized By Advent Of Large Funds Into The Sector

Those fund managers who are considered to be pioneers of specialization in the area of investment in green stocks are apparently missing out on benefiting from the gains being made by such stocks after the sector is slowly getting onto the mainstream and because of rising interest in the sector by...

H&M profit jumps by 11% in 2018-2019

The revenue of one of the world's largest clothing retail chains Hennes & Mauritz (H&M) in the fiscal year 2018-2019 (ended November 30) grew by 11% in annual terms, to 232.764 billion Swedish kronor ($ 24.9 billion), according to company press release. Revenues in local currencies in the...

Softbank’s China Bets Add To Its Other Global Woes

The lackluster performance of the Chinese companies in which Japanese investment conglomerate SoftBank had invested in has added to the woes of the company that it has faced with some of its other best in the west such as Uber and WeWork   While its massive Vision fund has apparently run...

Spam Detection And Verified Business Messaging In Messages To Be Rolled Out By Google

Two new features for its Messages app for the Android operating systems are set to be tolled out by Google, the United States based search engine giant announced on Thursday. The two features are designed to help the message users of Google to weed out any form of annoying messages and to know...

Action Against Harassment, Racist, Sexist Videos On Its Platform Announced By YouTube

Another tough measure to tackle the spread of hateful and violent speech through its site is being taken by YouTube.   Those videos in which there are insults hurled at people on the basis of race, gender expression, sexual orientation or other “protected attributes” would be deleted from...

Facebook And Google To Face Strict Scrutiny Over Market Dominance In Australia

A call for the Australian government to take appropriate action against the market dominance of Facebook and Google in Australia was given by the Australian Competition and Consumer Commission (ACCC) in a 600-page report released in July.   Responding the exhaustive report that explains the...

Saudi Arabia takes the gauge of probable Aramco listing in Asia

Saudi Arabia held a series of meetings with international investors to assess the prospects for listing shares in Saudi Aramco in Asia, the Wall Street Journal reported citing sources familiar with the situation. "Saudi officials have held meetings with international investors over the past weeks...
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