Daily Management Review
Business & Finance

Twitter Misses Quarterly Ad Sales Estimates But Reports Large Growth In Usage

The highest ever annual growth of daily users who can view ads was reported by Twitter Inc beating estimates of analysts of usage. This news sent the shares of the company up by 6% in pre market trading in the United States on Thursday.   But despite the historic growth in usage, Twitter...

Gett raises $100M investment to develop international SaaS platform

Gett, an online taxi service, has raised $ 100 million from new and existing investors and will go towards developing an international SaaS platform for corporate clients, the company said. “The coronavirus pandemic has dramatically changed the way people move around the city. Companies today are...

Chevron buys Noble Energy for $ 5B

Chevron Corp, one of the largest US oil companies, has reached an agreement to acquire rival Noble Energy Inc. for $ 5 billion, according to a joint press release between the companies. This will mark the largest oil industry deal since the start of the coronavirus pandemic, The Wall Street Journal...

Eldorado Resorts becomes the largest casino operator in the USA

US casino and hotel operator Eldorado Resorts has completed an acquisition of rival Caesars Entertainment Corp. for $ 17.3 billion. Thus, the largest company in the US gaming industry was formed, which will overtake MGM Resorts International. The firm will own or operate 55 properties in 16 states...

Results Of Renault And Nissan Are 'Pathetic', Says Former Nissan Boss Ghosn

The results of the French auto firm Renault and the Japanese auto maker Nissan were "pathetic" and the companies are being operated without a leadership in a much more acute manner than the management of Covid-19. These comments against his former employers were made by former Nissan Motor Co Ltd...

Glovemaker companies surpass Tesla in growth

The price of shares of Malaysian companies, which are engaged in the production of rubber and latex gloves, has risen in the current 2020 more than the shares of the American electric car manufacturer Tesla, according to Bloomberg. In particular, papers of Supermax Corp. increased in price by more...

White House Adviser Says Tiktok Can Function As A US Company

The increased strained relations between United States and China has resulted in the Chinese short video messaging app TikTok finding itself in the crosshairs of the Trump administration.   While the owning company of the app has already exited the Hong Kong market just as Beijing...

Netflix adds 10M subscribers amid COVID-19 lockdown, appoints new CEO

Online cinema Netflix said onThursday that it added more than 10 million subscribers in the second quarter and that the company will now be run by two CEOs. In April-June, when travel restrictions were imposed in the United States and other countries due to the novel coronavirus, Netflix gained...

US mortgage rate falls below 3% for the first time in history amid the pandemic

The interest rate on a 30-year mortgage loan in the United States fell below 3% for the first time in history, according to the Wall Street Journal. The fall in the average rate of a 30-year loan to 2.98% (the lowest in 50 years of registration) was reported by the largest American mortgage agency...

Oxford Could Reveal Its COVID-19 Vaccine By Tomorrow

If reports are to be believed, positive news has come about Oxford University’s COVID-19 vaccine. The Political Editor of ITV, Robert Peston said, “citing a source”, that there are positive news on the “potential COVID-19 vaccine” from the University of Oxford could be out as early as Thursday,...
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