Daily Management Review
Business & Finance

Global Automakers: Difficulties with the Chinese Market

Foreign automakers in China are starting to experience difficulties. Hard times for the Chinese economy have led to the fact that factories, such as General Motors Co. and Volkswagen, are not working at full capacity for the first time in a long time. Global automakers have already announced that...

Germany to have a surplus budget for two consecutive years

As per Der Spiegel weekly, Germany’s tax inflows have significantly boosted its revenue albeit some officials and state are of the opinion that even more money will be required since the number of refugees have quadrupled to 800,000. As per reports emanating from the Der Spiegel weekly, sources...

Instagram To Play New Role In Increasing Facebook’s Revenue

Facebook treads carefully when comes to dealing with Instagram generated revenue; although the company has plans on exploring new horizon with the help of this app. Facebook has plans up his its sleeves to boost its profit margin. Although, it didn’t have dramatic effects of Yelp and Twitter, the...

Bank of China Could Mitigate the Requirement for Banks

The People's Bank of China (PBOC, the central bank of the country) is likely to reduce the reserve requirement for banks by 0.5-1 percentage point in the coming weekend, believes economist at HSBC in Hong Kong Julie Wang. The signals of weakening of the Chinese economy, as well as a sharp reduction...

After Buying Nokia's HereMaps Jointly, Daimler Eyes Collaboration with Google & Apple for Next Gen Cars

Daimler wants to cooperate with It giants Apple and Google to help develop the next generation autos. Chief executive of the company, Dieter Zetsche said that the next generation autos, slated to ultimately be auto driven and driverless, cannot be built without greater input from telecoms and...

Samsung Woos iPhone Users, Offers Free Trial of its Premium Smartphones

With the aim to give a chance to users to have a first-hand experience of using the Galaxy series smart phones, Samsung is offering iPhone users a one month rental of their top notch smartphones for just $1. The one month near free trial includes offers to use any of the three top smartphone...

New 3D Printing Technology Attracts $100 million Investment from Google and Yuri Milner

A new technology for 3D printing being developed by Carbon3D gas attracted a host of top notch investors that include Google Investments and billionaire Yuri Milner, known for his early investments in Facebook and Twitter.   After a round of fund raising blitz organized by the...

Tata Group Invests Nearly $100 Million in Uber

While facing intense competition from local Asian rivals like Ola, Singapore's GrabTaxi and China's Didi Kuaidi, the San Francisco based company has managed to secure an investment of anything between $80-100 million from the Indian Manufacturing Group Tata.   This is also the time when Uber...

Infidelity Website Hacked, Names of Suspected Infidels Exposed, Users Traumatised

Most people would conceal their private information or try and protect their private information when they subscribe or sign up for an infidelity site. And when the personal information stored in such a site gets hacked, love lives and reputations can come to be at risk. This is exactly how...

Citigroup Levied $15 Million Penalty for Violating U.S. Compliance Regulations

A unit of Citigroup Inc will have to cough up a whopping $15 million in order to settle a slew of civil charges that were placed against the bank alleging that the bank failed to enforce policies that were designed to prevent and detect insider trading, according to US regulatory sources. This is...
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