Daily Management Review

DMR

Don't Miss

According To S&P, China's Fiscal Stimulus Is Becoming Less Effective 04/19/2024

Florida Woman Who Alleged Baby Powder From J&J Triggered Her Cancer Loses Lawsuit 04/19/2024

Hong Kong Is Expected To Approve Its First Spot Bitcoin ETFs In April – Reports 04/14/2024

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

Business & Finance

Morgan Stanley, Goldman Sachs to support Xiaomi's IPO

Chinese company Xiaomi has chosen Citic Securities, Goldman Sachs and Morgan Stanley as partners and sponsors to help implement the first public sale of its securities. A little later, Credit Suisse, Deutsche Bank, JP Morgan and two other Chinese banks will also join the process. Xiaomi, which in...

9 companies that dominate the arms market

The world spends $ 1.69 trillion a year on military spending, and almost $ 375 billion from this amount go to purchase specific types of weapons. There is a supplier for each type of weapons, be it tanks, airplanes, missiles or military vessels. Below we will tell about the largest military...

Shares At Gem Diamond Leaps Up Over 10% With Its Recent Find Of ‘910 Carat’ Of ‘Colourless Diamond’

Gem Diamond, the diamond miner, finds a rare diamond that represents only one percent of global diamonds ever found. The Gem Diamonds’ shares went up over ten percent on Monday, 15 January 2018, as the company revealed that it has “uncovered a 910 carat, colourless diamond”, being the “fifth...

The Collapse Of Carillion Leaves The U.K. Government With No Choice But To Intervene

After a life span of two hundred years, Carillion dissolved through forced liquidation giving way under “ballooning debt pile” as the U.K. government came to the rescue to “ensure” a continued “public services”. On Monday, 15 January 2018, Britain based “construction and services company”,...

Task Of Fixing Of Chip Flaw Being Undertaken Cautiously By Businesses

Some business fear that the chances of slowdown or crashing of some computer systems by the fixes to combat a major microchip security flaw could prove costlier than the original problem and hence many are refraining from adopting the fixes. There has been a scramble among businesses,...

Uber Rival In Brazil – 99, To Be Bought Out By Chinese Ride-Hailing Giant Didi Chuxing

The Brazilian rival of Uber – 99, would be taken over by the Chinese ride-sharing company - Didi Chuxing. The Chinese company already holds a stake in the Brazilian company and the deal is slated to be around $600 million, according to media reports. Especially for Uber and Didi which are...

Norway Notes Highest Rise In Sale Of Electric And Hybrid Cars Globally In 2017

Generous government subsidies aimed at furthering the Norway’s lead in its policy from shifting to clean energy from fossil-fuel engines have been proving very fruitful there as I 2017, more than half of the new registrations there have been that of electric and hybrid cars. The...

All The States In The U.S. Will Be Using The ‘Public Safety Network’ of AT&T

FirstNet adds to the portfolio of AT&T’s “wireless airwaves”. On Friday, 29 December, 2017, AT&T Inc informed that “all 50 U.S. states” had taken the decision of participating in the “nationwide broadband network” which is being built by the company under a “$6.5 billion government contract”....

$9 Trillion Added To Global Markets As They End 2017 On A Record High

There have been three major factors that have helped global stock markets to end 2017 on record highs. They have managed to gain about $9tn (£6.7tn) in value during the year. The central banks’ go-slow approach to easing financial support, President Donald Trump’s tax cuts and a strong global...

Erroneous Stock Ratings By Citigroup Draws $11.5 Million For Citigroup In Fines And Compensation

Citigroup Inc has been charged of conducting misleading research and accorded ratings on its basis to more than 1800 stocks which resulted in a large number of investors purchasing those shares which otherwise they would never have purchased. The US regulatory authority said that the lender will...