Daily Management Review
Business & Finance

Xiaomi expects to raise $ 50 billion during the IPO

Chinese equipment manufacturer Xiaomi is in talks with investment banks about the initial public offering of shares, during which it hopes to raise at least $ 50 billion, Bloomberg reports with reference to people familiar with the situation. The Beijing company may enter the IPO next year. The...

First Apple Watch Linked Medical Device Accessory Cleared By FDA

Users of Apple Watch would now be able to inconspicuously capture gather their personal electrocardiogram (EKG) anytime, anywhere so that they are enabled to identify detect normal sinus heart rhythms and atrial fibrillation (AFib), very fast, which are the most common heart arrhythmia, as the FDA...

Global Electric Scooter And Motorcycle Market Estimated To Grow At 6.9% Till 2025: Research And Markets

According to a recent market research report on the global market and forecasts for the global electric scooter and motorcycle market, growth at a rate of CAGR 6.9 percent is forecast for the sector during the period of 2017 and 2025. The report states that the sector reported revenues of $12,961.8...

Cryptocurrency Sellers And ICO Issuers Search For Safe Havens Amidst Crackdown On Digital Currency Globally

United States was not on the list of U.S. entrepreneur Bharath Rao when he was on the loo out for raising of money for his crypto-currency derivatives trading business. Instead, he sold the token form the East African island nation Seychelles.   But Rao is not along in this trend.  ...

Shell returns to paying dividends in cash

British-Dutch Royal Dutch Shell will return to paying dividends in cash and will increase investments in clean energy after more than two years of cutting costs, writes Reuters. Starting from the IV quarter, Shell will stop paying dividends in shares. This scheme was introduced in early 2015 to...

U.S. Firms To Supply Precision Munitions Worth $7 Billion To Saudi Arabia: Media Reports

Precision guided munitions, valued at $7 billion, would be bought by Saudi Arabia from U.S. defense contractors, according to the latest media reports. However, the reports also indicated that there could be objections to the deal in America on apprehension that the weapons could be used or...

Carrying it off in international RFPs by betting on national identity

The world of international RFPs is considered sometimes as a realm reserved to large multinationals. But not only can mid-sized firms perfectly well take the cake in transnational calls, but margins are often substantially worth the effort. Such deals, however, require certain skills in the process of making the offer, lest the sales attempt be stillborn.

Data Breach Cover-Up By Uber Attracts Britain Regulators’ Concerns

The fate of Uber on the compromise of customer privacy policies, as the company failed to notify its customers as well as regulators, remains to be decided while the regulatory body said that companies could be subject to “higher fines” for deliberate concealing of breaches. On Wednesday, the “data...

Market Research Claims Premium Denim Jeans Market Boosted By Innovation In Product Designs

There would be a growth of more than 8% CAGR for the period between 2017 and 2021 in the global market for premium denim jeans, predicts a Technavio market research analysis.   The latest report om the market arrived at the conclusion after conducting an analysis of the current scenario and...

Barnier: British banks will lose their passport rights in the EU

The EU's chief negotiator for Brexit, Michel Barnier, pointed to a number of restrictions for Britain, warning that banks will lose their passport rights for work in the EU, and demanding a solution to the border issue of Northern Ireland, reports Bloomberg. "The legal consequence of Brexit is that...
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