Daily Management Review
Business & Finance

Harley Davidson Threatened By Trump Over Shifting Production Out Of US

Harley-Davidson Inc would have to face a public back lash if it partly shifts its production away from the United States to avoid the tariffs imposed by the European Union. Said US President Donald Trump.   He also threatened the company with higher taxes. Super bike maker Harley Davidson...

Companies Forced To Consider Supply Chains Reorientation Due To Trump Tariffs

Given the treat that the era of open trade policy coming to an end, all companies ranging from large global manufacturers such as Harley-Davidson to small tech startups are now trying to rearrange their supply chains which were designed for free trading.   Those companies that had initially...

Chinese billionaires to invest in Xiaomi IPO

The three wealthiest people in China decided to invest in Xiaomi’s IPO that will be held in the near future, Bloomberg reported, citing sources. The company has already started collecting applications from institutional investors and plans to attract a total of about $ 6 billion. According to...

GE to spin off GE Healthcare, get rid of Baker Hughes

American multidisciplinary concern General Electric Co. (GE) will spin off its GE Healthcare business to a separate company, and also sell a stake in Baker Hughes, an oilfield services company with which GE previously consolidated its oil and gas business. This is reported by Reuters. These changes...

EU Retaliatory Tariffs Forces Harley-Davidson To Shift Some Production Out Of U.S.

While forecasting that the tariffs imposed on bikes by the European Union (EU) would amount to losses of between $90 million and $100 million a year, Harley-Davidson Inc announced on Monday of shifting the motorcycle production that caters to the EU from the United States to its other international...

Intel Shares Fall As It Is Downgraded By Nomura Due To ‘Lack Of Leadership’ After CEO Exit

Nomura Instinet predicted that there would be a negative impact on the share prices of Intel because of the company’s surprising management turnover.   There would be addition to the concerns about the strategy of the company because of the search for the company's next CEO, said Nomura and...

Tesla’s Green Cars Are ‘No Cleaner Than Petrol Rivals’, Claims A UK Firm

According to energy analysts, the electric cars that are manufactured by Tesla which are considered to be amongst the most ‘green’ vehicles in the world, could be responsible for the same amount of emission of greenhouse gases as their petrol and diesel equivalents.   The calculations have...

Modest Output Hikes Agreed By Opec Shores Up Oil Prices

Following the decision by Organization of the Petroleum Exporting Countries (Opec) and other oil producers to slightly increase the production output of oil to make up for loss in production and increase in demand, there was a rise in oil prices globally.     The Opec and other...

Foxconn: There's a technological war between the US and China

Taiwanese company Foxconn, the world's largest contract manufacturer of electronics, said that the US and China are a technological, rather than trade war, reports Reuters. "The biggest problem we face is the "trade war" between the US and China. As for how we manage and adapt, all our top managers...

South Korea to tighten cryptocurrency regulation

After the Bithumb was hacked, South Korean government announced tightening of the regulation of crypto-currency exchanges and accelerating implementation of the regulatory framework for the industry, CCN reported. "If the bill of the Democratic Party of Korea is adopted, the authorities will be...
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