Daily Management Review
Business & Finance

After Having ‘Disappeared” Since Thursday, Billionaire Head of China's Fosun Re-emerges

After giving “disappeared’ from public view for quite some time, the billionaire chairman of Fosun Group, one of China's biggest privately held conglomerates, re-emerged on Monday.   Guo Guangchang was accused to have ‘disappeared’ in connection with an investigation by authorities, Chinese...

Nurofen's Maker Ordered to Recall Products from Retail Shelfs in Australia after Company Concedes to Misleading Consumers

After a court ruled it had made misleading claims, the drug giant Reckitt Benckiser was ordered on Monday to pull some of its popular Nurofen painkiller brands off shelves in Australia. The company has admitted that it had been selling for almost double the price of its standard painkiller,...

China Green Signal to Shell - BG $70 Billion Deal

Royal Dutch Shell received the green light from China on Monday to finally complete its takeover by crossing the last hurdle in its takeover of BG Group.   Now the last hurdle for the completion of deal, expected to be completed in early 2016, is the ratification from the shareholders...

ICA Gruppen Takes A Closer Look At Its Property Assets And Online Shopping Facilities

The ICA Gruppen is holing a “Capital Markets Day” for reviewing its property status and online shopping operations. Sweden – 11 December 2015 – ICA Gruppen organises “a Capital Markets Day” programme on the 11th of December 2015 in the capital of Sweden. The agenda of the event offers a “review”...

Lehman Trader Still fighting for his $83 Million Bonus 7 years after the Bank Failed

A little-known bond trader was on a hot streak before Lehman Brothers collapsed, pulling the trigger on the global financial crisis. More than $700 million in profits was given to the bank in a period of two years by Jonathan Hoffman.   He was then looking at a bonus of $83 million. Even by...

$130 billion Chemical Giant to be Created by Dow and DuPont Merger

In a win for activist investors that could spark further consolidation in the farm chemicals industry, chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion.   The ultimate aim of the two companies is to eventual split-up...

Ford To Invest $ 4.5 Billion in Electric Cars

Fall in demand for electric cars and hybrid cars has not frightened the American Ford. The company is willing to spend $ 4.5 billion on development in this area. In the next four years, the carmaker is going to develop 13 new models and try to prove their benefits to consumers. Other producers have...

TruStar Energy Builds The Largest CNG ‘Feuling Station’ In Less Than Six Months

Within a period of less than six months, TruStar Energy delivers the largest and “private” CNG feuling station for FCA fleet. Auburn Hills – 08 December 2015 – The Company of TruStar Energy is one of the leading “Compressed Natural Gas” developers for “fueling stations” all over the country. On the...

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...
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