Daily Management Review
Business & Finance

Vivalto Sante Offers ‘455 Million Euros’ For Capio’s French Business

The deal would strengthen Capio’s position as a leader to “drive growth and shareholder value”. Capio is a healthcare company of Sweden which has plans of selling its “French business” to Vivalto Sante. The deal is said to have struck a worth up to “455 million euros”. This step is an attempt for...

New Highs Being Reached By Cannabis Shares

Since the announcement of an investment of $4 billion by Corona beer maker in the Canadian cannabis company Canopy Growth, stocks dealing with marijuana have been soaring.   The shares of Canopy Growth - Rival Cronos Group, saw prices increase by over 40 per cent last week which...

French Oil Giant Total Formally Pulls Out Of Iran Due to US Sanctions: Reports

According to a report televised on Iranian state television and quoting the oil minister of the country, a project for the development of a giant natural gas field in the country has bene abandoned by the French oil giant Total as the European company officially left Iran. This has resulted in...

$1.09bn Made By Tesla Investors Betting Against It Since Elon Musk's Tweet

Since the controversial tweet from Tesla chief Elon Musk about taking the company private and of a “secured” funding for the purpose on August 7, $1.09bn has bene made by Tesla investors by betting on a drop in the stocks.   There had been an increase of 11 at $379 per cent in the stocks of...

Profit Warning Issued By Britain's Mulberry Due To House Of Fraser Burdens

A 3 million pound ($3.8 million) hit would have to be taken by British luxury bag maker Mulberry from the shutdown of House of Fraser which added to the problems that the company has been facing in its domestic market. this was announced by the company on Monday.   21 concessions in the...

China sets to eliminate speculation in the housing market

The Ministry of Housing and Urban and Rural Development of China held a conversation with officials from five urban districts, where there was a rapid rise in housing prices, and instructed them to immediately resolve the problem of speculation. This is reported by the China Times. Conversations...

Boeing Price Target Raised, Could Be A 50 Per4cent Increase In Shares: UBS

The price target for the next 12 months for the aircraft manufacturer Boeing’s shares has been raised to $515 by the analysts at Swiss bank UBS. The price target set by the bank is 50 per cent more than the current price of the shares.   The Swiss bank also increased the rating of a place...

Buybacks are killing stock markets

The growing buyback activity of companies began to worry analysts. Bernstein investment company presented a paper about a record low level of new share issues and mass buybacks. In the United States, companies are already being accused of using free funds to strengthen control over the share...

Unilever’s Agreement To Use JD.com’s Transportation Network

The JD.com and Unilever deal addresses “big challenge” of “replenishment and warehouses”. JD.com, an e-commerce firm of China has finalised a deal with the company of Unilever, whereby the former will transport various products such as “Lipton’s tea and Lux soap” in several warehouses situated all...

Qualcomm and Taiwan agree to cancel $ 773 million fine

Qualcomm has reached an agreement with the authorities of Taiwan to abolish decision of the Commission on Fair Trade, the island's main antitrust regulator, which in October 2017 fined the US chip maker by 23.4 billion new Taiwan dollars ($ 773 million). The fine, which was a record for Taiwan, was...
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