Daily Management Review
Business & Finance

Bosch to pay €90 million fine within Dieselgate scandal

The component manufacturer has supplied millions of sensors with unauthorized software to various automakers. Bosch refused to challenge the court’s decision and will transfer the money within a month and a half. Bosch will also pay a large fine within the diesel scandal after the Volkswagen, Audi...

US’s Sempra Energy To Supply LNG To Saudi Oil Giant Aramco

The aim of state owned Saudi Aramco to become a major player in the growing international gas market, it would be purchasing liquefied natural gas from San Diego, United States-based utility Sempra Energy. An agreement to the effect was recently signed between Sempra LNG and Aramco Services...

Huawei Launches New Honor Smartphone Models Despite Android Issue

The launch of the new Honor smartphones by the embattled Chinese tech giant Huawei apparently set aside all uncertainties over the future of its devices business as the company confidently displayed its technological development and prowess in smartphones.   Google’s Android platform is used...

Walmart Too Joins The Investment Rounds In Home Market

Creating new campus and jobs have become widespread in the U.S. market. The largest retailer of the world, Walmart Inc is also the biggest employer in the private sector, which has disclosed its plans to construct “a new corporate campus”. This move comes in the footsteps of its rivals like...

Three largest Chinese airlines sue Boeing

Air China, China Southern and China Eastern airlines require Boeing to pay for losses occurred because of 737 MAX 8 aircraft and transfer of ordered aircraft of this series. According to Chinese state-owned media China Southern Airlines, China Eastern Airlines and Air China will seek payments from...

Will disconnection from Android kill Huawei?

The Chinese smartphone maker Huawei is doomed to failure without the Android operating system, the use of which has been banned by Google, analysts say. The vendor has already begun developing its own operating system, but its chances of conquering the European market are very slim. Huawei, one of...

Tesla’s Worst Case Share Price Is $10, Says Morgan Stanley

Concerns over the saturation of the electric car market prompted analysts at Morgan Stanley to peg the share price of United States electric car maker Tesla at just $10 in a worst case scenario. This was another blow to the electric car maker in recent times which has been plagued by a string of...

Millennials Boosting Credit Card Industry Revive In US, But Banks Cautious

The younger population in the United States has again boosted the credit card industry of the country.   Since the global financial crisis of 2008, there was a decline of the popularity of credit cards especially among consumers in their 20s even though it has been amongst the most popular...

US Blacklisting Forces Google To Suspend Some Business With Huawei

According to media reports quoting industry and company sources, those business that require transferring of hardware, software and technical services from Huawei has been suspended by Alphabet Inc's Google. The suspended business however excludes those services that are publicly available through...

Starbucks’ Chinese Rival Luckin’s CFO Says What Distinguishes It From Its US Peer

The major rival of US coffee giant Starbucks in China – the domestic company called Luckin Coffee has managed to create a different business model which differentiates it from its US rival because of the technology based operations it follows, said the chief financial officer of the company during...
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