Daily Management Review
Business & Finance

Multiple EU Deals With Iran At Risk Because Of Trump Decision On Iran Deal

Amidst persistent threats of U.S, sanctions on Iran, there are frantic efforts in the European Union to safeguard its trade with Tehran.   Strict international sanctions against Iran were lifted in 2015 after the Western powers reache3d an agreement with the country to limit its nuclear...

Conoco seized PDVSA oil products on the island of Curaçao

The American oil company ConocoPhillips withdrew petroleum products belonging to the Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) from the Isla oil refinery on the island of Curaçao. This is reported by Reuters. The court allowed Conoco to confiscate PDVSA assets in the Caribbean...

American business is afraid that Trump will soften his policy towards China

Representatives of American businesses, interviewed by the Financial Times (FT), are worried that during the US talks with China on the trade agreement, President Donald Trump cannot ignore a number of issues that have long concerned US companies. Among these issues are Chinese restrictions on...

Amazon And Walmart Begin Their Tussle For The Indian Retail Market

As the largest rival in the retailing industry for Amazon in the United States - Walmart. Joins hands with the largest e-retailer in India – Flipkart, the largest e-retailer in the world has a powerful new challenger on the world stage.   $16 billion will be spent by Walmart to acquire 77%...

Didi Chuxing To Halt Its Operation For A Week

Didi to carry out checks on its drivers to ensure its safety standards following the death of a female passenger. On Friday, May 11, 2018, the “biggest ride-sharing company” of China, Didi Chuxing informed that it will put its Chinese operation on halt for a week after a passenger’s death whereby...

Engie Declined Direct Energie Purchase As It Needs No ‘Entry Ticket Into The France Power Market’: CEO

Engie, as a French power market player, feels no pressure to “split up” or to purchase Direct Energie. Isabelle Kocher, the chief executive officer of Engie informed that the company has looked into the options of buying Direct Energie, an “independent power retailer”. However, the decision was...

Strong Performance Of Black Panther Propels Disney To Profits

Walt Disney reported profits for the first quarter of 2018 riding on the runaway success of Black Panther which helped the company to offset the setbacks in the its TV business.   The company reported a 9% increase in revenues at $14.5 billion and 23% increase in profits up to $2.9 billion...

Qualcomm to get rid of its server business

Chipmaker Qualcomm plans to close its server business, reports Bloomberg referring to sources familiar with the company's plans. At the moment, the company reflects on whether to close the unit in question or try to sell it. Qualcomm's refusal to conquer the server segment can be explained by the...

Slowing Smartphone Sales Being Offset By Chipmakers Through Memory Boost

The fear that a slowing global smartphone market would impact the global chipmakers in recent months have made investors jittery. However, there is apparent buoyancy in the memory chip industry once against because of demand for more video content from consumers.   Despite the slowdown in...

Start-Ups Being Launched By U.S. Gun Entrepreneurs After Being Avoided By Corporations

Following the mass shooting that took place at a high school in Parkland, Florida on February 14 in which 17 people were killed, the firearms-related business in the United States has become an eyesore for much of corporate America who have severed links with them. However, the void is being...
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