Daily Management Review
Business & Finance

'More Tariffs On Steel And Aluminum Against Turkey Threatened By Trump

An announcement of increasing of import duties on steel and aluminum from Turkey was made by the US President Donald Trump on Friday showing once against his strategy of using tariffs as a foreign policy tool. The two countries are at logger heads over the imprisonment of an American citizen in...

New U.S. Sanctions On Iran Forces Daimler To Stop Expansion In The Market

The German car manufacturer Daimler has announced that that "until further notice", the company would stop all for5ms of commercial operations in Iran as a consequence to the demand by the US administration of companies staying away from Tehran for business after new sanctions by the Donald Trump...

New emission standards stir German automotive industry

Motorists in Germany are outraged. The world's largest automaker, the German concern Volkswagen, stopped accepting orders for sale of some of its models in early August. Until the end of 2018, the concern is not accepting customer orders for hybrid cars and gas-fueled vehicles. It is still possible...

Elon Musk's buyback statement may cost him dear

Entrepreneur, engineer and investor Elon Musk announced his intention to buy out all Tesla shares for $ 420, and delist the company from the stock exchange. This statement resulted in the fact that Nasdaq suspended trading of Tesla shares. Currently, Musk owns 20% of the company, so such a step...

Trump Warns Firms And Trading Partners Over Iran Sanctions

After the re-imposition of sanctions against Iran, a stern warning was issued by US president Donald Trump over the issue of anyone doing any business with Tehr4an.   "Anyone doing business with Iran will NOT be doing business with the United States," the president tweeted.   While...

Uber To Be Challenged In UK Market By Indian Ride Hailing Firm Ola

India based ride hailing company and rival of Uber – Ola, is all set to step into the UK market.   The Indian company founded in 2011 already operates in 110 cities and has a customer base of 125 million. Ola plans to start off business in the UK with ventures in South Wales and Greater...

Commerzbank posts € 533 mln profit

The net profit of the second largest asset of German bank Commerzbank AG, attributable to shareholders, amounted to 533 million euros in the first half of 2018 compared to a loss of 414 million over the same period last year, according to the financial organization. Profit before tax amounted to...

Alibaba to combine food delivery services in one

Alibaba Group is going to combine its units related to food delivery in order to consolidate resources to strengthen competition with Meituan Dianping for dominating the fast-growing service market in China, Reuters reports citing sources. Chinese Meituan Dianping is ranked 4th in the list of the...

Advisory Firms On International Trade Benefit From US-China Trade War

There is a soaring demand for the services of consultants offering services ranging from management to logistics even as companies from the U.S. and China seek out outside expertise to find out ways to handle the impact of the escalating trade war between the two largest economies of the world....

Oil Price Could Go Over $90 A Barrel Due To US Sanctions On Iran: Analysts

According to one oil market analyst, the heightened fears of supply side shock is clouding the global crude oil market as predictions are being issued that the price of crude could touch $90 a barrel because of the potential US sanctions on Iran.   "As we go more towards (the fourth quarter)...
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