Daily Management Review
Business & Finance

Amazon to conquer offline trading

Amazon has applied for permission to build a large will call center in Seattle, and two more - in the state of California. According to documents, buyers in Seattle will be able drive into the complex, park, get goods pre-ordered from the online store and leave. All this should take no more than 15...

Is Tesco-Unilever row another Brexit consequence?

Disagreements on selling prices made Tesco, largest British retailer, remove dozens of names of popular products, including the popular in the country spread Marmite sandwich, from sale in its online store. British-Dutch corporation Unilever tries to approximately 10% rise wholesale prices for a...

Infosys Lowers Its Fiscal ‘Revenue Target’ Once Again In Three Months

Post-Brexit period and the uncertainties of the U.S. elections cast its ominous shadow on Infosys’ revenue growth targets. It is now the second time within a period of three months that Infosys Limited, the “second-largest software services exporter” of India, have lowered its “fiscal-year revenue...

After Pulling the Plug on Note 7, Samsung Slashes Third Quarter Profit Estimate by a Third

Soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failures in tech history, Samsung Electronics Co slashed its quarterly profit estimate by a third.   The world's top smartphone maker said it expects its July-September...

Worry of Shortage Prompted by Potential Oil Output Deal

Oil industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis - a supply shortage even while OPEC and other big crude producers work toward a deal to cap production to erode a glut.   After companies slashed budgets due to...

Papers of Apple rose thanks to Samsung's failure

Shares of Apple have updated yearly high after the company’s main competitor in the smartphone market, Samsung Electronics corporation, announced termination of production and sales of the flagship model Galaxy Note 7. After start of trading on the Nasdaq on Monday, October 10, price of one Apple’s...

Is the US property market ready to collapse?

Real estate market in major metropolitan areas such as New York and San Francisco is sinking down, the US media mentioned several times. Volume of proposals of apartments in New York fell by 20% in the III quarter compared with the same period last year. This is linked the fact that buyers are...

Yonhap Reports Note 7 Production Halt Deepening Samsung Recall Crisis

Dealing a further setback for Samsung Electronics Co Ltd in the midst of its worst ever phone recall crisis, the tech giant has suspended production of its Galaxy Note 7 smartphones following reports of fires in replacement devices, South Korean media reported on Monday.   Yonhap News Agency...

Films for Global, Chinese Audiences to be Co-produced by Alibaba Pictures and Amblin

Steven Spielberg's Amblin Partners and Alibaba Pictures Group Ltd will co-produce and finance films for global and Chinese audiences. The two companies said this over the weekend.   Alibaba Pictures Group Ltd is the film unit of Chinese billionaire Jack Ma's Alibaba Group Holding Ltd....

IMF Chief says Deutsche Need Deal on Fine and Gives the Bank Tough Advice

Saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fine, IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday.   While sources said Germany's financial watchdog had found no...
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