Daily Management Review
Business & Finance

Export of Tar Sands to Europe to Rise Alarmingly: Reports

Environmentalists have claimed of an alarming rise in highly polluting tar sands imports due to a surge in US exports of crude oil to Europe this year.   Since April 2014, US has been re-exporting Canadian crude to EU countries such as Italy, Spain and the Netherlands as strict laws prevent...

Food Poisoning Threatens Fast Food Chain Chipotle’s Reputation

A series of food poisonings and other challenges are threatening is threatening the darling of the fast-food world – Chipotle.   The challenge for Chipotle is to cater to the demand of a generation of diners wanting inexpensive food that is safe, natural and nutritious.   Chipotle...

Crude Price Slump Results in Zombies Appearing in US Oilfield

As oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business, U.S. shale oil companies are merely hanging on for life since they are drained by a 17-month crude rout.   Companies that have just enough money to...

Internal Investigations Reveal Only Small Group Responsible for Emissions Scandal at Volkswagen

Volkswagen claimed that no high ranking official of the company – including the board members, were responsible for cheating U.S. diesel emissions tests.   The German car manufacturer said this on Thursday stating that only a small group of employees were responsible for the incident that...

Bitcoin's Creator is Traced in Australia

Last night the police raided the Sydney home of Craig Wright, who was called the creator of the famous cryptocurrency Bitcoin by some specialized media before. Authorities say the searches are not relevant to the messages, but rather associated with Australian tax authorities’ own investigation....

The Agreement Between Borealis And Coorg Service Management Extends By Two more Years

Coor to continue collaborate with Borealis through various service and delivery related facilities for the coming two years. Sweden – 07 December 2015 – The agreement between the “Coor Service Management” and Borealis has been extended through the integrated delivery “support services”. As per...

Strong Opposition from US Antitrust Regulators Forces GE to Call off Electrolux Deal

Following months of opposition from U.S. antitrust regulators, a possible deal to sell off appliances business to Sweden's Electrolux was cancelled by General Electric.  The deal was worth $3.3 billion.   GE said it they would enter into talks with other suitors for its century-old...

Record Fine Proposed by Japanese Regulators Against Toshiba for Accounting Fraud

A fine of record proportions amounting to ¥7.37 billion ($60 million) was proposed to be levied on Toshiba Corp., on Monday by the Japanese regulators after a $1.9 billion accounting scandal at the electronics and industrial company.   The Japanese regulators are trying to shore up...

CMA CGM Offer of $2.4 b for Singapore NOL Would Make it the Dominant Player in Trans Pacific Lane

With the aim to expand its presence on trans-Pacific routes, France's CMA CGM -  the world's third-largest container shipping firm, wants to buy out Singapore's Neptune Orient Lines. The French company made a S$3.4 billion ($2.43 billion) offer on Monday for the bid.   The offer of...

China to Become the World's Largest Market for Electric Vehicles

According to the Association of Chinese automakers‘ forecasts, sales of electric cars in China will amount to 220-250 thousand this year. This will allow the Chinese market of electric vehicles to become the largest in the world, surpassing the United States, where 180 thousand EVs will be sold...
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