Daily Management Review
Business & Finance

17% Increase In Softbank Shares Following Its $7.4b Buyback Announcement

In what is being seen as an effort by SoftBank founder Masayoshi Son bridge to what he believes is the gap between the actual value of the company and the market value of the company, the Japanese investment firm has announced a share buyback worth as much as 600 billion yen. This announcement...

Amazon Makes Business Structure Changes, Brings Back Big Seller: Reports

Following some of the structural changes to its business being done by Amazon in India to adhere to regulatory changes brought in by the Indian government to limit some e-commerce possibilities, there has been a return of one of the biggest sellers on the e-retailer’s India website, according to...

Italy bars Huawei from 5G projects

Italy will ban Chinese companies Huawei Technologies and ZTE Corp from participating in the deployment of 5G infrastructure in the country, Italian newspaper La Stampa reported, citing informed sources. For this, the Italian government is ready to use a mechanism that allows terminating signed...

Why did Europe block Siemens – Alstom merger?

Brussels did not give the green light to the Siemens and Alstom trains. On February 6, European Commissioner (Minister) for Competition Margrethe Vestager vetoed the plan of the German concern and the French company to merge their railway transport divisions. The antimonopoly agency concluded that...

First Ever Quarterly Profits Reported By Spotify, Reports 96 Million Subscribers

The streaming giant Spotify reported its first ever quarterly profit even as the market and analysts are more included to watch out for the numbers of user growth of the company since the listing of the IPO of the company.     The company has always said that its focus is on long-term...

Huawei Letter To UK Lawmakers Says It Needs 3-5 Years To Resolve Security Fears: Reuters

A report published by the news agency Reuters claims that Chinese tech company Huawei would require anywhere between three and five years to address the security issues raised in a British government report last year in a program that is reported to cost the company about $2 billion. The report...

Germany to protect German companies from foreign takeovers

German Economy Minister Peter Altmaier proposed creating a special state investment fund that could temporarily take over German companies, which foreign firms claim to buy. In "exceptional" cases, the state could partially nationalize such firms. Even before their official publication these plans...

Death Of Canada Crypto Firm CEO Results In Misplacement Of Bitcoin Worth $190M

The sudden death of founder chief executive in December of Canada’s largest cryptocurrency exchange Quadriga has resulted in about cryptocurrency worth roughly $190 million missing, the company is set to approach a court in Canada to seek creditor protection.   It has been reported that the...

Profit Warning And Tesla's Maxwell Deal Sees Panasonic Shares Plunging

Investors of Japanese tech giant Panasonic Corp was hit by a double blow as the company issued a warning on its fill year outlook and news about its main customer for electric vehicle (EV) batteries Tesla deciding to purchase a battery tech company.   The double blow spooked investors as...

Morgan Stanley: Apple shares will grow by 27%

Morgan Stanley analyst Katy Huberty believes that during 2019, the quotes of the American consumer electronics manufacturer will jump another 27%. According to the expert, new services should become the main driver for Apple’s upswing, including a video service, which is expected to be launched in...
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