Daily Management Review
Business & Finance

ChemChina Gets A Clearance For Taking Over Syngenta From E.U. On Conditions

ChemChina’s Syngenta takeover with conditional approval from E.U. could add to the changing landscape of international agricultural market. China could now “boost its domestic agricultural output” as on Wednesday, the 5th of April 2017, ChemChina has received E.U’s approval for taking over the...

The top ten: The world's best IT-cities

Real estate agency Savills named the world's largest technology centers. The agency evaluated 22 cities in different countries of the world. The rating was compiled on the basis of over 100 parameters - from the number of days needed to start a business to the cost of a cup of coffee. Here are top...

BlackBerry reviving as a software company

BlackBerry’s quotes jumped almost 15% thanks to the company’s positive financial report. The Canadian vendor's profit once again turned to be higher than Wall Street’s expectations. It seems that BlackBerry has finally found its niche in the modern highly competitive high-tech market. Previously,...

Chain & Thales Get Together To Address Safety Concerns During Blockchain Transaction

Chain’s attempt to plug the security gaps in blockchain transactions. Chain Inc. is an U.S. startup company of blockchain technology, which has partnered with “Thales Group”, the latter being a “security firm”, whereby making it simpler for “large companies” using blockchain technology to “store...

U.S. Finance Giants Ready To Write Down ‘$21 Billion’ in Case Tax Rates Take Major Dip

The resolution of the U.S. President could result in “significant writedown”. Fannie Mae and Freddie Mac are U.S. finance giants in mortgage, whereby Reuters reported that they may “write down $21 billion of tax-related assets” in case they face a major cut in the tax rates of the federal...

Next’s ‘Medium Term’ Trading Confront Alarming Signals From Analysts At Credit Suisse

Investing in the shares of fragment apparel market becomes “increasingly hard to defend”. Credit Suisse’s analysts gave out an alarming signal in regards to “Next's trading over the medium-term”, adding to the “rapid decline” of clients observed at the “retailer's core profitability” while the...

For 2016, Flat Profits Reported by China Tech Giant Huawei

Profits are largely flat as sales continue to rise at Chinese tech giant Huawei and hence it is a mixed bag.   According to the company, while overall revenue jumped 32 percent to 521.6 billion yuan ($75.1 billion), net profit edged up 0.4 percent to 37.1 billion yuan ($5.3 billion) in 2016....

Glencore to sell assets in oil storages

Glencore, one of the world's largest commodity traders, is at the final stage of negotiations to sell part of its assets in oil storages after a period of growth in the oil industry, Reuters reports citing its own sources. If the transaction takes place, Glencore is likely to receive minority...

To Bolster Blockcain Security, Blockchain Startup Chain Teams With Thales

With the aim of making easier for large companies that use blockchain technology to safely store their security credentials, U.S. blockchain startup Chain Inc has teamed with security firm Thales Group, the two companies said on Thursday.   Concerns over security have in part slowed down the...

Wood Mackenzie Explains Why Deep-Water Oil Rigs Are Getting Back To Work

As producers move to scale down these mega-operations, the U.S. shale boom shaking the oil industry is changing the way deep-water oil exploration projects are carried out.   "It's not so much innovation, it's more a change in mind-set," said Wood Mackenzie's upstream oil and...
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