Daily Management Review
Business & Finance

Increase In Tesla Model 3 Output Forces Panasonic To War Battery Cell Shortage

Signs that Tesla is in production frenzy to meet its end-June forecast became evident after a Panasonic Corp official warned of occasional battery cell shortages. Tesla has been attempting to increase production of its Model 3 cars following earlier delays.   There however has been...

UK Watchdog Does A Close Examination Of Hotel Booking Sites

The UK's competition watchdog has said the process of ranking and displaying rooms needs to be reviewed by hotel booking sites.   The Competition and Markets Authority said that misleading claims about discounts are possibly being made by some sites.   The authority is also examining...

Stada buys Nizoral

The German pharmaceutical company Stada, specializing in the production of generics, announced acquisition of rights for Nizoral dandruff shampoo in the EMEA region. However, the company’s head Claudio Albrecht did not rule out a possibility of new acquisitions in the near future. Janssen...

Policy On Ban Of Cryptocurrency Ads On Facebook Eased

Facebook has announced that the policy of banning of advertisements related to financial products and services associated with cryptocurrency is being rethought to be eased. The ban was imposed by the largest social media platform of the world in January this year. the announcement was made by...

Harley Davidson Threatened By Trump Over Shifting Production Out Of US

Harley-Davidson Inc would have to face a public back lash if it partly shifts its production away from the United States to avoid the tariffs imposed by the European Union. Said US President Donald Trump.   He also threatened the company with higher taxes. Super bike maker Harley Davidson...

Companies Forced To Consider Supply Chains Reorientation Due To Trump Tariffs

Given the treat that the era of open trade policy coming to an end, all companies ranging from large global manufacturers such as Harley-Davidson to small tech startups are now trying to rearrange their supply chains which were designed for free trading.   Those companies that had initially...

Chinese billionaires to invest in Xiaomi IPO

The three wealthiest people in China decided to invest in Xiaomi’s IPO that will be held in the near future, Bloomberg reported, citing sources. The company has already started collecting applications from institutional investors and plans to attract a total of about $ 6 billion. According to...

GE to spin off GE Healthcare, get rid of Baker Hughes

American multidisciplinary concern General Electric Co. (GE) will spin off its GE Healthcare business to a separate company, and also sell a stake in Baker Hughes, an oilfield services company with which GE previously consolidated its oil and gas business. This is reported by Reuters. These changes...

EU Retaliatory Tariffs Forces Harley-Davidson To Shift Some Production Out Of U.S.

While forecasting that the tariffs imposed on bikes by the European Union (EU) would amount to losses of between $90 million and $100 million a year, Harley-Davidson Inc announced on Monday of shifting the motorcycle production that caters to the EU from the United States to its other international...

Intel Shares Fall As It Is Downgraded By Nomura Due To ‘Lack Of Leadership’ After CEO Exit

Nomura Instinet predicted that there would be a negative impact on the share prices of Intel because of the company’s surprising management turnover.   There would be addition to the concerns about the strategy of the company because of the search for the company's next CEO, said Nomura and...
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