Daily Management Review
Business & Finance

Samsung Dropped Out of the Top Ten Most Expensive IT-Companies

Due to lower stock prices caused by the fall of financial performance and weak outlook, Samsung Electronics, the world's largest smartphone maker, dropped to 13th place in the ranking of the most expensive IT companies in terms of market capitalization, reports the agency Yonhap News citing data of...

The Chairman of Unigroup Visits Micron Representatives

Unigroup is hopeful of nailing a deal with Micron, for which the chairman of the former visits the United States. According to sources, this week the Tsinghua Unigroup’s chairman visited the United States in order to hold a meeting with Micron Technology’s board members. This was an attempt to mend...

Best Buy Announces A Surprising Increment In Quarter Sales

The increment of Best Buy’s sale figures surprised the analysts. Thanks to the increasing demand of mobile phones, television sets and other such electronic appliances, the “biggest” electronics chain owner of the United States, Best Buy Co Inc saw an “unexpected increase” in its quarterly sales...

The C.E.O of Apple ‘Reassures’ The Agitated Investors As Chinese Stock Market Slumps

Tim Cook reassures the Apple investors as the Chinese stock market comes melting down, hinting at the rebound on Monday. The C.E.O of Apple, Tim Cook shared his comments through CNBC, wherein he ‘reassured’ the shareholders about iPhone manufacturing market sector of China, which soon saw a...

Africa's Richest Man Challanges Lafarge, Slated to Become Largest Cement Producer in the Continent

In a bid to gain supremacy in the African cement market, the richest man on the continent announced the construction of cement plants in 11 countries of the continent.   Nigerian billionaire Aliko Dangote, the richest man in the Africa according to the Forbes’ list, has signed up with a...

CEO of Infidelity Website Resigns After Third Leak

Following a third round of leaks of user’s emails and after suppressed allegations about the affairs despite earlier denials, the chief executive of extramarital affairs website Ashley Madison has left the company on Friday.  “Effective today, Noel Biderman, in mutual agreement with the...

Declining Refinery Profits Stare in the Face of Big Oil Companies

Lowering of demand due to easing of summer gasoline consumption makes analysts and executives worried about the prospect of lower refining profits in the second half of the year. The refineries of large oil companies had been churning out profits despite the slackening global crude prices. But...

Four UK Retail Giants Lose Market Share to Discounters

Retail giants Tesco, Sainsbury and Morrison, all contributed to the fall in the sales in terms of volumes in the UK supermarket in recent weeks fell. This is the first time since December that UK supermarket sales have fallen.   The discount stores reportedly lapped the fall...

Total sells $900 million of its UK Gas Assets, More Could be in the Anvil

Pressurized by continuous crude oil price fall in the international market, Total, one of the biggest energy firms operating in the North Sea, has sold off $900 million or £585 million of its UK gas interests to cut costs. Two pipelines, one that delivers gas from 20 North Sea fields and the v...

Google Denies EU Anti Trust Charges, Submits 150 Page Document

Claiming that the services of the company increased the choice for the local customers, Google, on Thursday, refuted the claims from the European Union's top antitrust official that the company favoured some of its own search results over those of rivals. Google cited that the competition in the...
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