Daily Management Review
Business & Finance

US Targets Significant Increase In Lithium Production To Rival China: Reuters

The US government plans to draw up a strategy for the launch of a nation-wide electric vehicle supply chain strategy and would be meeting up with executives from automakers and lithium miners in early May, reported Reuters, citing information from three sources familiar with the matter.  ...

US Claims To Have Found Proof Against Huawei By Spying On It

According to US prosecutors, investigating agencies has been conducting secret surveillance on the activities of Chinese etch giant Huawei Technologies Co Ltd for gathering information about it and those would be submitted as evidence in court in relation to a case related to the Chinese...

Investor’s choice: AMD vs NVidia

Investors are often reminded that the best way to invest is to follow falls, and growth will take care of itself. Is it possible to apply this strategy to Nvidia and AMD? 1. Free cash flow AMD has an advantage over Nvidia in that its investment rhetoric focuses solely on increasing market share....

Furniture Giant Ikea To Serve Home Grown Lettuce At Its Restaurants

Global furniture giant Ikea could soon be serving up salads with its home grown lettuce at the restaurants attached to its stores in Sweden. The lettuce was recently harvested by the company grown within its store complex as a part of its sustainability program.    With the aim of...

Second Round Of 737 Max Crash Probe Suggest MCSAS System Activation

Amid Boeing’s announcement to strengthen training and tech system, investigation team looks for establishing data to confirm their theory behind the crash. Three people familiar with Boeing 737 Max jet flights’ crash reported that an “anti-stall system” which is at the probe’s centre was at play...

China VAT Cuts Prompts Apple, Luxury Brands To Cut Prices

In a show of encouragement for consumer companies to do business in China, the authorities had announced the reduction of value-added tax (VAT) rate on some products a couple of months back. That reduction came into effect from April 1 which prompted a number of companies, including Apple Inc. and...

2 companies for maximum benefits from the cloud revolution

While everyone is busy arguing about data, privacy and the role of large technology companies, Microsoft and Amazon are already creating alliances, the goal of which is to freely exchange information and develop future commercial platforms. Amazon, the largest cloud computing company in terms of...

Governments Should Help To Control Internet Content, Says Mark Zuckerberg

More active role in controlling internet content should be played by regulators and governments, says Facebook CEO Mark Zuckerberg.   The responsibility for monitoring harmful content on the internet is too huge for companies alone, said the Facebook founder in an op-ed published in the...

Boeing 737 Max Is Still On Lufthansa’s Purchase Options

Lufthansa has not lost “trust in Boeing”. The chief executive of Deutsche Lufthansa AG, Carsten Spohr, revealed about the company’s purchase plans, whereby the company is looking into “a triple-digit number” option of either “Boeing 737 MAX or Airbus A320neo jetliners” which will be used to replace...

Lyft’s US IPO Values It At $24.3 Billion

While deciding to purchase shares of the US based ride hailing firm Lyft Inc, investors apparently ignored the troubles that it would potentially face in in its strive to become profitable which helped the company to be valued at $24.3 billion in the first IPO by a ride hailing company.  ...
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