Daily Management Review
Business & Finance

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...

Failure To Secure Bulk Order For A380 From Emirates Would See Airbus Phasing Out The Jumbo Carrier

Plans to phase out A380 superjumbo - the world’s largest jetliner, would be put into force by Airbus if its attempts to secure a critical order Dubai’s Emirates fails, said media reports.   The A380 superjumbo has been a slow-selling product and has been in service for just about 10 years....

China’s Ride Hailing Company Didi To Push Global Expansion Following $4 Billion Funding

The Chinese ride-hailing leader Didi Chuxing has reportedly managed to gather enough investments to put its plans for global expansion into force after a massive round of funding where it got another investment from SoftBank Group.   Funds worth more than $4 billion has been secured by the...

Failures of the year from the Silicon Valley

Many Silicon Valley companies have been subjected to numerous attacks from the authorities, the press and ordinary users in 2017. Let's figure out of what the largest companies were accused, and for what they really were to blame. Uber The year 2017 has become one of the most difficult in the...

2017 brought success to NVIDIA, and this is not the end

Any investor following the technology sector knows about NVIDIA Corporation. The manufacturer of predominantly graphic gaming processors has applied its developments in artificial intelligence (AI) systems, data centers and autonomous vehicles. The potential on each of these markets is huge, so the...

Donald Trump's tax reform will help luxury brands

According to analysts, luxury brands are winning from several circumstances, including the growth of world wealth, the rise of the stock market and tax reform in the US. Such support will be very helpful: to preserve the sales level, premium brands have already begun to offer discounts, despite the...

Roches’ Cancer Drug Portfolio To Be Increased By Purchase Of U.S. Cancer Drugmaker Ignyta For $1.7 Billion

The oncology portfolio of Swiss drug maker Roche would be enhanced after it completes its purchase of U.S. cancer drug specialist Ignyta Inc. The agreement of the deal which is worth $1.7 billion was announced by both the companies in a joint statement on Friday.   The companies said that...
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