Daily Management Review
Business & Finance

A Smartphone Is Being Developed By The Owner Of Tiktok

The Chinese firm that owns the popular app called TikTok is no more satisfied by the success of the apps. Instead the firm, ByteDance, now aims to manufacture the devices where the short popular video app can be seen – smartphones.   Following having reached a partnership with electronics...

Little Clarity For US Firms About What It Could Sell To Huawei

Even after a month after the United States president Donald trump announcing the American companies would be able to do business with the Chinese telecom giant Huawei, there is little clarity about the kind of sales to the Chinese firm would be  permitted by the Trump administration.  ...

Ripple's Head tries to defend cryptocurrencies before the US Congress

Brad Garlinghouse, Head of California-based Fintech startup Ripple, and co-founder Chris Larsen, wrote an open letter to the US Congress on the eve of relevant hearings at the Senate Banking Committee. They asked the lawmakers to decide on regulation, but at the same time not use "one-size fits...

Some Analysts See Hype For Beyond Meat Similar To That For Bitcoin

The sensational rise in its share prices since the launch of its IPO in the United States ealrier this year is pushing many analysts to compare the alternative meat company Beyond Meat to bitcoin.   Beyond Meat’s IPO pricing in May this year was $25 per share and has so far increased by 794...

LSE sets to buy Refinitiv

The London Stock Exchange (LSE) is negotiating purchase of the financial information-analytical company Refinitiv. The transaction may reach $ 27 billion, and create the world's largest publicly traded capital analysis company. LSE's statement on negotiations on the purchase of Refinitiv was a...

EIB To Stop Funding Of All Fossil Fuel Projects By End Of 2020

No fossil fuel projects would be financed by the European Investment Bank by the end of next year, the lender has said. It said that all such multibillion euro project funding would be stopped to align its business strategy with that of the targets of climate change prevention.   Support for...

Google Warned By Donald Trump Over Its Alleged China Relationship

United States president Donald Trump warned Google Inc. over the tech giant’s alleged relationship with China Opens a New Window.   This warning comes at the heels of the company rejoicing over a 19 per cent jump in its most recently closed quarter.     "There may or may not be...

Ford Plans A Layoff Of 200 Employees In Oakville Plant

Citing the issues of reduced sales, Ford has announced a line up of slashing down its workforce. Ford Motor has plans of laying off nearly two hundred employees in September from its Canada-based manufacturing plant located in “Oakville, Ontario”, while there is a possibility that more such lay off...

Earnings of UK’s Croda International Plc hit by U.S.-China trade war

According to its earnings report for the last 6 months which ended on June 30, its revenues have also been impacted by new legislation introduced by China. On Wednesday, Croda International Plc, a speciality chemicals maker, stated its personal care unit has been significantly hit by the U.S.-China...

Insurers Unsure Of Evaluating New Auto Safety Technology For Insurance Purposes

While the global auto industry is developing and inducting in vehicles crash avoiding technologies, insurance companies are cautioning consumers who are seeking a discount in insurance for purchasing vehicles fitted with automated cruise control modes collision-avoiding braking technologies....
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