Daily Management Review
Business & Finance

Shell and BG Transaction is only the beginning of large-scale mergers

The largest in the past decade transaction of Royal Dutch Shell concern to buy British BG Group due to low oil prices was carried in the oil and gas sector. According to the German edition of DW and expert on commodity market Eugene Weinberg, it can give impetus to a whole series of similar...

LinkedIn to buy educational portal Lynda.com

LinkedIn has signed a purchase agreement for $ 1.5 billion with online educational service Lynda.com, - as repoted in a statement published on the site of the world's largest professional social network. 52% of the transaction amount will be paid in cash and 48% with shares of LinkedIn. It is...

Canada sells its last few stakes in GM

Ahead of the Canadian Annual Budget release, the government has decided to sell about $2.7 billion worth of share of General Motors Co. The shares being sold is the last remaining of the stakes taken up by the government to bail the company out following the global recession in 2009. Now the...

Google aims at shaking up Telecom sector

Google Inc aims to make calls made when roaming abroad cheaper. The software giant is in talks to finalize a deal with UK telecom operator Hutchison Whampoa to allow US citizens to use their phones without adding extra costs. The wholesale access agreement plan is one of the first of the steps...

US defense contractor under trial for illegal outsourcing

A defense contracting company to Pentagon has unlawfully provided a contract as well as federal secret data to an Indian outsourcing company. One Source USA LLC, a defense contractor, is being tried at the U.S. Department of Justice for releasing data pertaining to U.S. military technology,...

Gap in salaries of top managers and employees of Wall Street significantly reduced

The gap in salaries of top managers and employees of the banks on Wall Street significantly reduced. In the United States, the difference between the wage of financial companies’ managers and employees remarkably dropped down. Moreover, according to The Wall Street Journal, in the lower echelons,...

Diageo aims for remaining 50% stake in UNB

Diageo has entered into an agreement with South Africa-based United National Breweries to acquire an additional 50 per cent stake in the company and essentially turning it into a 100% owned subsidiary.   The world’s largest spirit maker took the reins of UNB with an initial payment of $22...

Tesla's sales in I quarter increased by 55%

Tesla Motors has sold 10,030 electric vehicles in I quarter, the company said on Friday. This is 55% more than the same period in 2014. Generally in 2015, Tesla plans to sell 55,000 electric vehicles. Unlike many automakers, Tesla reports on sales than not monthly but quarterly. In addition, the...

US Detroit Automakers – Picking up the Pace

US auto sales back on race track in March after long frozen winters. US consumer’s confidence mounted steeply in March 2015 after an ease during the harsh winter season. Despite a sharp rebound, the US auto industry experienced upsurge in demand for new vehicles in March. Detroit automakers...

Samsung to Supply Apple with Hardware

South Korea's Samsung Electronics has won the tender for supplying Apple with processor A9, core chips for the next iPhone model - despite the continuing intense competition on a global smartphone market, Bloomberg reports, citing informed sources. Last year, Taiwan Semiconductor Manufacturing Co....
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