Daily Management Review
Business & Finance

Subaru recalls 100,000 vehicles in Japan

Subaru carmaker will recall about 100,000 vehicles in Japan to test the braking system, according to the Nikkei Asian Review. The automaker found out that the cars did not pass the required security check. Presumably, this was the fault of the concern’s employees. Among the recalled models is...

Credit Suisse profit increases by 74% in the III quarter

Credit Suisse increased its net profit in the third quarter, but the figure did not meet analysts' expectations. Increased financial market volatility and declining profits from operations in Asia have had a negative impact on profits, Switzerland’s second largest bank said. The net profit of...

Hyundai Hopeful Of Reinvesting The North Korea After Earlier Tragedies There

The South Korean auto maker Hyundai has failed to take advantage of the opportunities in North Korea and its business there has been a story of a tragedy.   The suicide of an executive of a company that was instrumental in setting up the Gyundai’s business in North Korea in 2003, just months...

Facebook Growth Slows As It Looses More Users In Europe

Challenges posed by new privacy laws, reduced user numbers and a global trend of users shifting on to private messaging were cited to be the reasons for Facebook to warn investors of lower revenue growth in the foreseeable future.   Following the year for Facebook that was mired by scandals,...

Airbus: production problems impede achieving targets

Airbus, a European aircraft manufacturing corporation, will rely on the aircraft it acquired in July to maintain supplies and fulfill its promise to produce 800 aircraft in 2018, reports Bloomberg. The company still expects to achieve the goal set at the beginning of the year, but only taking into...

Walmart Announces Faster Checkout & Digital Store Maps For Gains This Holiday Season

The largest retailer of the world Walmart is depending on technology to attract more customers and a larger share of the gift budgets of customers this holiday season by the introduction of technology driven faster check out at its stores as well as allow consumers to navigate the stores more...

Pfizer Looks At Big Steps By 2022 In New Drugs Approvals

Pfizer Inc., the drug giant, is expecting big things by 2022 – approvals for between 25 and 30 new drug. The list includes a number of potential blockbusters drugs which the company is hoping would get regulatory approval by 2020.   Getting these approvals would be critical for Pfizer...

Bitcoin Is Surprisingly Stable In A Major Sell Off In The Market

Bitcoin, the crypto currency that is known for its volatility was surprisingly stable this week even as the entire U.S. stock markets saw huge upheavals.    According to data from CoinDesk, as of Friday afternoon, Bitcoin is up 1 percent for the week and has remained steady in the...

At ABB’s New China Factory Robots To Make Robots

Swiss engineering company ABB is setting up a robot making factory in China Shanghai, for $150 million where robots would be used to make robots. This is an attempt by the company to hold on to its position as the market leader and the largest manufacturer of industrial robots.   The robots...

$5 Bn Drought Fund Announced By Australian Govt

Australia is being planned to be made drought proof and the Australian government has apportioned 7 billion Australian dollars (4.9 billion U.S. dollars) for this purpose.   The announcement was made after a National Drought Summit which was attended by more than 100 farmer representatives...
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