Daily Management Review

DMR

Don't Miss

BlackRock’s Private Equity Fund Arm Turns The Largest Investor For Authentic Brands Group 08/19/2019

Microsoft admits wiretapping users 08/15/2019

Eurozone economy slows down in Q2 08/15/2019

Economics

Business & Finance

Management

World & Politics

Science & Technology

Business & Finance

Global low-cost airlines increase passenger flow

According to calculations of the International Air Transport Association (IATA), the passenger flow amounted to 4.4 billion people in 2018, the seat occupancy rate grew to a record 81.9%. The largest increase in passenger traffic was observed in the Asia-Pacific region, which still accounts for the...

Despite Average Vehicle Price Reaching Record Levels, Report Expects Higher Consumer Spending

According to a forecast developed jointly by J.D. Power and LMC Automotive, there is an expected drop in the sale of new vehicles in the month of July compared to the same period a year ago. The forecast projects that there would be a 2 per cent decrease in retail sales of vehicles in July year on...

Airbus net profit grows by 141% in the first half of 2019

The largest European aircraft manufacturing corporation Airbus published financial results of the second quarter and the first half of the year. According to Airbus CFO Guillaume Faury, “the results of the first half of the year mainly reflect the increase in production of the A320 family of...

A Smartphone Is Being Developed By The Owner Of Tiktok

The Chinese firm that owns the popular app called TikTok is no more satisfied by the success of the apps. Instead the firm, ByteDance, now aims to manufacture the devices where the short popular video app can be seen – smartphones. Following having reached a partnership with electronics...

Little Clarity For US Firms About What It Could Sell To Huawei

Even after a month after the United States president Donald trump announcing the American companies would be able to do business with the Chinese telecom giant Huawei, there is little clarity about the kind of sales to the Chinese firm would be permitted by the Trump administration. ...

Ripple's Head tries to defend cryptocurrencies before the US Congress

Brad Garlinghouse, Head of California-based Fintech startup Ripple, and co-founder Chris Larsen, wrote an open letter to the US Congress on the eve of relevant hearings at the Senate Banking Committee. They asked the lawmakers to decide on regulation, but at the same time not use "one-size fits...

Some Analysts See Hype For Beyond Meat Similar To That For Bitcoin

The sensational rise in its share prices since the launch of its IPO in the United States ealrier this year is pushing many analysts to compare the alternative meat company Beyond Meat to bitcoin. Beyond Meat’s IPO pricing in May this year was $25 per share and has so far increased by 794...

LSE sets to buy Refinitiv

The London Stock Exchange (LSE) is negotiating purchase of the financial information-analytical company Refinitiv. The transaction may reach $ 27 billion, and create the world's largest publicly traded capital analysis company. LSE's statement on negotiations on the purchase of Refinitiv was a...

EIB To Stop Funding Of All Fossil Fuel Projects By End Of 2020

No fossil fuel projects would be financed by the European Investment Bank by the end of next year, the lender has said. It said that all such multibillion euro project funding would be stopped to align its business strategy with that of the targets of climate change prevention. Support for...

Google Warned By Donald Trump Over Its Alleged China Relationship

United States president Donald Trump warned Google Inc. over the tech giant’s alleged relationship with China Opens a New Window. This warning comes at the heels of the company rejoicing over a 19 per cent jump in its most recently closed quarter. "There may or may not be...