Daily Management Review
Business & Finance

Deloitte Report Pegs Worth Of European Football At A Record £22bn,

According to new figures from Deloitte, in 2016-17, a record €14.7bn (£12.6bn) in revenue w3as generated by the big five European leagues at an annual growth rate of 9%.   About €25.5bn (£21.9bn) is the current worth of the European football market, Deloitte says.   Each of the 20...

Trump Solar Panel Tariff Results In Shelving Of Billions In New Solar Project Investments

The tariff on import of solar panels as imposed by United States President Donald Trump has resulted in cancellations and freezing of investments in the U.S. renewable energy sector to the tune of over $2.5 billion – primarily in large projects according to reports.   This is more than twice...

BCG: personalisation is the new black in the banking industry

The Boston Consulting Group presented a study in which it named the personalization and introduction of digital technologies the main trends of retail banking in the world. The Boston Consulting Group (BCG) came up with a study "Global Retail Banking 2018: The Power of Personalization", which...

HTC bets on virtual reality

HTC, which is experiencing serious problems in the smart phone market, intends to continue investing in new advanced technologies, such as virtual (VR) and augmented reality (AR), artificial intelligence (AI), Internet of things and fifth generation networks (5G). According to top management of...

Tencent and Alibaba are fighting over investors

Two IT giants of China - Tencent and Alibaba – are directly or indirectly dominating several sectors of the Chinese economy at once, dividing spheres of influence in half. These sectors are an online retail, electronic payments, social networks, taxi services, entertainment market. Now their...

BHP to sell its shale business in the US by early 2019

Anglo-Australian mining giant BHP Billiton, which plans to withdraw from its shale oil and gas business in the US, has received several offers to purchase these assets. However, the deal will take place no earlier than the end of 2018 or the beginning of 2019, Reuters writes citing its own sources....

Amundi: Climate change affects investments

Amundi, the largest asset management company in Europe, noted that institutional investors are now taking the climate change seriously, Bloomberg writes. "We are indeed seeing a turning point in institutional investors' attitude to climate change," said Frederik Samama, co-director of Amundi....

Bayer and Monsanto will sell assets for $ 9 bln to complete the $ 66 bln-worth merger

On Tuesday, the process of approving one of the largest deals in the history of agribusiness - the association of German Bayer and American Monsanto - was completed. In accordance with the decision of the US Justice Department, Bayer and Monsanto must sell assets worth $ 9 billion to a third...

Airbus Subsidies Again Puts US And RU At Loggerheads

The European Union had taken action to bring the funding it gives to plane maker Airbus according to the World Trade Organization rules within a few days of the ruling by the global trade dispute settlement body, said the EU to the WTO’s dispute settlement on Monday.   The path for a...

Measure To Eradicate Mycoplasma Disease Will See 100,000 Cows Culled In New Zealand

The largest animal slaughter in the history of New Zealand is set to be held as the country becomes the first in the world to attempt to eradicate the cow disease Mycoplasma bovis by culling cows to the tens of thousands.   An agreement has been reached between the government and farming...
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