Daily Management Review
Business & Finance

Asia-Pacific is a new center of millionaires’ concentration

According to Capgemini, the number of rich people and their fortune in the region increased during 2015 by 9.4% and 9.9% respectively. At the end of 2014, North America managed to stay on top in terms of income millionaires, but now it has lost this status. Asian millionaires are now superior to...

Microsoft & Sony On Their Upcoming Xbox Technologies

The Microsoft 4k gaming world will support virtual reality, while Sony’s VR headsets will turn the experience more exciting. The Microsoft Corp has revealed the details of 'Project Scorpio' which deals with a “new Xbox console”. The same has been designed to support the virtual reality of...

Twitter gets 'Magic Pony'

Twitter has acquired Magic Pony Technology, a British start-up company specializing in machine learning technologies. Twitter bought another startup that is engaged in machine learning. In 2014, the company acquired Madbits, in 2015 - Whetlab, and British Magic Pony Technology is the third in a...

Debut of World’s Largest Plane by Paul Allen's Space Company Nears

By launching satellites into orbit from the world’s biggest airplane, a space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts.   A first look at the nearly finished aircraft was given by last week to...

PwC: Three scenarios for central banks in 2020

Central banks are trying to keep up with the times, being dictated by complexity of activities at the rapidly developing market of financial services. To do this, the financial institutions are conducting researches and analysis of new and unstable market environment. In its new report " Central...

A $1.28 Million New Watch Made from Just One Piece of Transparent Sapphire

Transparency is no more the buzzword and the most desired attribute in politics only. The word has become a genuine trend in the world of luxury watches for a few years now.   For example, in what is described as the first time that the metal sapphire had been cut on such a scale, Hublot...

Miners Face Challenges Creating the World’s Biggest Robots

There are doubts within the global mining company - the Rio Tinto Group, about the delivery of the promises of returns that were once given by mining robots in the face of major rivals defer similar investments. The company has recently found out that creating the world’s largest moving robots to...

The New Business Mecca of Customization

While customization is no new concept in business, it is certainly the buzz word for most sectors today.

Strong Smith & Wesson Earnings Results in U.S. Gun Shares Extend Gains

Following the shootout at a gay nightclub in Florida in which 49 people were killed and amidst fears and apprehensions that the US government would soon enact stringent gun control regulations, shares of firearm makers surged after a strong quarterly report from Smith & Wesson Holding Corp...

Cheap oil is boosting sales of SUVs

Due to the fall in oil prices and, consequently, of gasoline around the world, sales of SUVs, light trucks and other vehicles that consume a lot of fuel are growing. It is expected that this year SUVs and light trucks will overtake almost a third of all cars sold in China. Sales of such cars are...
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