Daily Management Review

DMR

Don't Miss

US Bitcoin ETFs may see record monthly outflows in November 11/25/2025

Lagarde calls on Europe to remove internal barriers to trade 11/24/2025

Eli Lilly becomes the world’s first pharmaceutical company with a market cap of over $1 trillion 11/24/2025

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

Business & Finance

Fourth Quarter Loss Of $1.7 Billion And Weak 2020 Forecast Reported By Ford

Worse than expected fourth quarter results from Ford pushed its shares down by 9.5 per cent pm Tuesday. The United States based auto major made a loss during the quarter and its forecast for 2020 was well below the market expectations. The company blamed higher warranty costs, investments in future...

NYSE owner to buy eBay for $ 30 billion

ICE, the owner of the New York Stock Exchange, has made an offer to purchase an eBay online marketplace, WSJ sources said. As part of the deal, eBay could be valued at more than $ 30 billion. Intercontinental Exchange (ICE), which owns the New York Stock Exchange, has made an offer to purchase the...

Coronavirus Outbreak Has Not Stopped Production At Some Chinese Tech Firms

Even though the Chinese government and authorities in various cities and regions have called for companies to shut down to prevent the spread of coronavirus, there are some tech companies in the country are still continuing with their operations of manufacturing parts and products. For...

Honda’s Wuhan plant to remain closed until February 13

Honda has a joint venture with China’s Dongfeng Group in Wuhan’s Hubei province. On Monday, Japanese automaker Honda Motor Co stated, its three car plants in Wuhan with the Dongfeng Group will remain close until February 13. Although earlier it had said, it expects to resume production on February...

Coronavirus: Supply Disruptions Fears For Indian Smartphone Makers

Smartphone production in India could get disrupted is the impact of the deadly coronavirus outbreak in China drags into February, said industry executives in India. This is because of the travel bans and lockdown of cities in China that could cause delays in shipment of components. This is...

Deutsche Bank posts € 5.3 billion in annual loss due to restructuring

Deutsche Bank showed an annual loss amid ongoing restructuring and growing competition from other banks. The bank said that in 2019, the net loss amounted to € 5.3 billion due to revaluation of assets, cost optimization as part of the overall transformation of the business. The loss turned out to...

US Again Warns UK On Its Decision To Allow Huawei In 5G

While the United States again opposed the decision of the United Kingdom of allowing the Chinese tech giant to participate in the roll out of 5G mobile networks and warned that the use of Huawei posed a "real risk" to cybersecurity of the country. The UK Prime Minister Boris Johnson has...

Maturing Business Causing Slow Growth, Warns Facebook As Expenses Remain High

With its business maturing, its growth will continue to slowdown, Facebook warned while reporting a disappointing increase in its expenses for the latest quarter which disappointed analysts who were expecting that the largest social media company in the world will be able to level of f the costs of...

Global jewelry demand falls by 6% in 2019

Global demand for gold jewelry in 2019 decreased by 6% and amounted to 2.107 thousand tons, according to the Gold Demand Trends report of the World Gold Council, WGC. "The sharp rise in gold prices in the second half of the year led to a reduction in global demand for jewelry," the report states....

Unilever's net profit falls by 38.4% in 2019

According to the results of 2019, the international producer of consumer goods Unilever reduced its net profit by 38.4% in annual terms to €6.026 billion, the company said. Diluted earnings per share amounted to €2.14 compared to €3.48 in the previous year. The company's sales for the year...