Daily Management Review
Business & Finance

Bid to Takeover Micron Technology by Chinese Firm May be Stalled by US Regulators

In what is being tipped off as the preparations for a possible largest takeover of an American company by a Chinese firm, the tech market is abuzz with rumors of Micron Technology would be taken over by Tsinghua Unigroup, a Chinese company.   If reports are to be believed, the Chinese state...

Hong Kong, China Sale Slump Reduces Overall Growth Rate for Burberry

Citing a classic example of how political unrest can affect international Business, Burberry, the British retailer, famous for its trench coats and cashmere scarves, recorded a sharp drop in sale in the first quarters owing to a slack Hong Kong Market. The company said that the sharp fall in...

Conspiracy Of Apple & Its Associates Exposed By The U.S. Federal Court

The U.S Justice Department registered a win against Apple Inc. in its appeal at a federal court. The DOJ had previously stated that Apple conspired with five publishers to increase e-book prices. In what would be considered a win for the U.S. Justice Department, a federal appeals court upholds a...

JP Morgan Presents Good First Quarter Results

Setting aside fears of critics about the expectations of the bank about its quarterly performance, JP Morgan announced better-than-expected profits and revenue for the first quarter of the current fiscal. One of the largest banks of United States also managed to keep a tab on its operating expense...

European Newsweek to be Closed

The owner of Newsweek are going to cease publication of the printed version of the European Journal a half years after its restart. The main reason is that the magazine could not find enough advertising revenue to produce sustainable profits. Now, only American version of the magazine are available...

Apple Pay Launched in Britain, Ropes In Major Banks

After being first introduced in the United States nine months ago, it was the turn of Britain to make use of Apple mobile payments facilities in Britain.  Apple Pay was formally launched throughout Britain on Tuesday and users of this application would be able to take advantage of the services...

Business Tablets Grant Resilience to a Slowing & Volatile Global Tablet Market

Even while smart phone sale continues to grow worldwide, the sale of tablets is expected to slow down in 2015. According to a forecast by Forrester both the shipment and sale of tablets would be hit during the current year. Forrester Research is a premier research and advisory firm that works in...

PepsiCo's Revenues Beats the Forecasts

The second-largest producer of soft drinks, the American company PepsiCo Inc., has significantly increased its net profit in the April-June 2015, and raised its forecast for the full year. According to the company’s press release, its net profit increased to $ 1.98 billion, or $ 1.33 per share in...

JPMorgan to shell out $125 million to settle investigation into its credit card debt

JPMorgan has again been caught on a sticky wicket with its unlawful and fraudulent practice of collecting consumer credit card debts. This is not the end of the story though, two states are still going for legal action and they have some very good reasons for doing so, Read on ... to the details....

China’s Stocks Enters Bear Market As Rate Cut Fails

The Shanghai Composite Index dropped 3.3 percent to 4,053.03, taking decays from its June 12 top to more than 20 percent. The gage swung between a loss of 7.6 percent and an addition of 2.5 percent in Monday, recording the greatest intraday point move since 1992. Chinese stocks tumbled, sending the...
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