Daily Management Review
Business & Finance

Aramco IPO Launch Will Take Place In Early 2021: Saudi Crown Prince

The initial public offering of the government owned Saudi Aramco would hit the markets as early as early 2021, according to the king in waiting of Saudi Arabia.   This announcement, which the market has been waiting to hear from a believable source, was made during an interview with the...

Consumer brands leaving Google for Amazon

Amazon's advertising business is booming. Some advertisers convert more than half of the budget, which they usually spend on advertising on Google, into advertising on Amazon. We are talking about hundreds of millions of dollars, according to CNBC with reference to the managers of several media...

Naval Group deploys a fearsome international strategy

​French shipyard Naval Group, formerly known as DCNS, is getting ready to make a killing on the international market with its new Barracuda submarine. With fierce competition on a small market, Naval group has designed a new international strategy, and it has little to do with the ship itself.

Disappointing Profits In 2017 Generated By Donald Trump's Turnberry Golf Resort In Scotland

Suggestions that the public conduct of United States president Donald Trump might have impacted the popularity of his luxury golf resort at Turnberry in Scotland gained ground as the business earned much less than what it had forecast a year ago.   Because of a spending of more than...

Plea To Ban iPhone Imports Into US Turned Down By U.S. Trade Judge

Qualcomm Inc was dealt a blow in its legal fight against iPhone Apple Inc., after a U.S. trade judge refused to pass an order to prevent the import of Apple iPhones fitted with Intel chips.    While agreeing to the allegations that there was a case of infringement of one Qualcomm patent...

Tesla Employees Asked By Musk To Test Drive Its Full Self-Driving Car: Bloomberg

According to an exclusive report published by Bloomberg, a small group of Tesla employees have been handed over a the latest version of the self driving car that the electric car making company is depending on to turn its fortunes, for test driving. .   The report has been based on an...

Ford Chairman Wants 'Certainty' In Trade Deal For Company To Plan And Invest

Second largest US auto maker Ford wants some form of certainty to allow it to plan and make investments for the future. This was opined by the Ford Motor Co Executive Chairman Bill Ford on Thursday while taking about the ongoing trade war between the US and some of its former close trading partners...

BASF and LetterOne to merge oil and gas assets

The German concern BASF and LetterOne (owned by Russian billionaire Mikhail Fridman) signed an agreement on the merger of oil companies Wintershall and DEA. According to Wintershall’s statement, the transaction is expected to close in the first half of 2019. At the end of last year, when the...

China Renaissance shares collapse after IPO in Hong Kong

Following the IPO of the Chinese restaurant chain Haidilao, there was another long-awaited event on the Hong Kong Stock Exchange - the initial public offering of shares of the investment bank China Renaissance, CNBC reported. It was expected that the bank would raise about $ 346 million when...

Fox to sell its 39% stake in Sky to Comcast for $ 15 billion

Rupert Murdoch media magnate’s company 21st Century Fox agreed to sell its 39% stake in the British television operator Sky Plc to American Comcast. Thus, Comcast, which won an auction for the right to purchase a controlling stake in Sky in the last weekend, has become closer to obtaining full...
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