Daily Management Review

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German watchdog asks Apple, Google to look into blocking DeepSeek 06/30/2025

Fast food chain Raising Cane's surpasses KFC in US sales in 2024 07/01/2025

European businesses ask for two-year delay in introduction of AI law 07/04/2025

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Business & Finance

Huawei to overtake Apple and Samsung in 2019

Chinese company Huawei sold $ 52 billion worth of smartphones in 2018. For the first time overtaking Apple in sales last summer, in 2019 the Chinese giant plans to overtake Samsung and become the global leader. The Chinese company Huawei Technologies Co Ltd can become the world's largest smartphone...

Less Being Spend By Chinese Overseas Tourists: Survey

A recent survey released this week by consultancy Oliver Wyman on Chinese travellers has found that they are more interested in spending their money on experiences instead of things. Even as a host of global and regional luxury brands prepare themselves to generate as much as sales...

Bloomberg: Investigation of Deutsche Bank’s role in Danske Bank case stopped

An investigation into the German Deutsche Bank in the case of large-scale money laundering through the Estonian branch of the largest Danish bank Danske Bank is not being conducted. It is a question of information requests from regulatory and law enforcement agencies, and the bank is cooperating...

MasterCard gets fined for €570 in Europe

The company was punished for cross-border restrictions: it did not allow retailers to take advantage of more favorable conditions offered by banks in other EU countries. The European Commission fined MasterCard for cross-border restrictions: the company artificially raised fees for processing...

Xiaomi to invest $ 1.46 billion in Internet of Things

Chinese smartphones manufacturer Xiaomi Corp. plans to invest more than 10 billion yuan ($ 1.46 billion) in the Internet of Things (IoT) technology over the next five years, reports Securities Daily. Xiaomi has long been developing this strategy. At the end of last year, the company created another...

Volkswagen - Ford alliance: first pickups, next electric cars

The German and American car builders are launching a strategic partnership at the time of a decisive restructuring of their business. A new transcontinental alliance is being formed in the global automotive industry. Its initiators are Europe’s largest auto concern, German Volkswagen, and America’s...

Larry Ellison Becomes The ‘Second Largest Individual Investor’ For Tesla

Following the entry of Ellison into Tesla’s board of director, he turns an investor for the company. The founder of Oracle Corp, Larry Ellison is also the ninth “richest man in the world”. Ellison has made an investment of “$1 Billion” in Tesla Company, while he has also become a part of Tesla’s...

Lampert’s Bid Upheld In Auction For Sears, Reports

According to reports, the bid by the chairman of retailer Sears - Edward Lampert, for the company at a bankruptcy auction was upheld. This means that the company would be potentially be saved and be in business along with the jobs of tens of employees of the company. Reports quoting...

Russia Linked Hundreds Of Fake Accounts And Pages Dropped By Facebook

Facebook has confirmed that it has removed from its social media platform hundreds of fake pages and accounts that are allegedly related to Russian operations and hackers. The company had removed "multiple pages, groups and accounts that engaged in coordinated inauthentic behavior on...

China's Huawei And ZTE Targeted In Bipartisan Bills Introduced In US

Bills were introduced in the United States Congress by a bipartisan group of US lawmakers seeking to pass a law that would put a ban on the sale of chips or other components made by US companies to Chinese telecommunications companies including Huawei Technologies Co Ltd and ZTE Corp that are or...