Daily Management Review
Business & Finance

Swift developed a plan to combat cybercrime

SWIFT interbank payments system is planning to launch a new safety program after a series of thefts in the system. The new plan to combat cyber threats was presented by SWIFT’s Head Gottfried Leibbrandt on financial services conference in Brussels, reports Financial Times. SWIFT wants banks to...

Bombardier: business jet market will rise by 2025

Today, one of the leaders of the world business aviation market, Canadian Bombardier, has released a ten-year forecast. The document says that up to 2025, the market will require more than 8 thousand new business jets worth a total of $ 250 billion. The largest market will be North America,...

Merger of Health Insurers Anthem, Cigna raises Doubts as it is Reviewed by Regulators

As news of management squabbles added to concerns over the proposed merger being review by antitrust regulators, growing doubts were expressed by Wall Street analysts about the pending $54 billion merger of U.S. health insurers Anthem Inc and Cigna Corp on Monday.   The shares of both the...

French insurer Axa publicly refused its tobacco assets

One of the world's largest insurance companies - French Axa - announced its intention to sell all of its shares and bonds of tobacco companies totaling € 1.7 billion, thus fully stop investing in the tobacco industry. This should please the fighters with tobacco companies. Just now, the tobacco...

In South China, Old-School Factories Stay Alive by Using Day Labor

A new strategy for surviving in Business - hiring workers by the day, is being used by some factories in southern China's manufacturing heartland as they are squeezed by high costs and unpredictable demand.   Reuter5s reports that on a warm morning in the southern town of Shiling, dozens of...

SES & Telkom To Co-connect Indonesian Communication Markets

A new agreement between Telkom and SES has jointly worked out the future of SES-9. SES has entered into a “new strategic partnership” with the “PT Telekomunikasi Indonesia”, the latter being the “largest satellite telecommunications services company” of Indonesia. Through the partnership Telkom...

Grafton Capital Joins The Minority Shareholders At BOARD International

BOARD announces Grafton Capital as one of its shareholders. In an announcement, the world’s leader in providing “unified Business Intelligence, Performance Management and Analytics”, BOARD International revealed that Grafton Capital has taken the “minority” shareholder’s position in the company,...

Access to Redstone Denied to Viacom Board, says the Company

Access to controlling shareholder Sumner Redstone has been blocked by his daughter Shari and hence the board members of Viacom Inc have been unable to meet with the media mogul,  the company said.   A day earlier Viacom Chief Executive Officer Philippe Dauman and Viacom board member...

Fiat Chrysler Partnership not to be Expanded: Google Self-driving CEO

Confirming that the Silicon Valley technology company Google was still in talks with other potential partners, the company said very recently that it has no plans to expand its partnership with Fiat Chrysler Automobiles NV that it has forged to create a self-driving car. This was affirmed by the...

Move Made by Bayer for Monsanto Heralding Global Agrichemicals Shakeout

As high inventories and low commodity prices spur consolidation in the global agrichemicals industry, German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto Co, the world's biggest seed company.   While the information about the deal was disclosed by...
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