Daily Management Review
Business & Finance

China’s HNA facing deep liquidity crunch

HNA’s liquidity crunch is having a rippling effect across its business in the conglomerate. Two oil industry sources have disclosed, China’s HNA Group has accumulated an estimated $476 million (3 billion yuan) bill with a state-run aviation fuel company.   The development underscores a...

Comcast intervenes in the 21st Century Fox - Walt Disney deal

The largest US cable television operator, Comcast, made a proposal to buy European media company Sky plc for $ 31 billion. Thus, the American company questioned the successful completion of the already approved deal between Walt Disney and Rupert Murdoch’s 21st Century Fox, which owns 39% of Sky....

American business says farewell to arms

Mass shooting on February 14 at a school in Florida led not only to a stormy public discussion and government plans to radically tighten arms law. In recent days, many US companies have terminated partnership programs with the National Rifle Association (NRA), whose members (more than 5 million...

Saudi Oil Companies Eyes Selling U.S Crude To Asia To Ride The U.S. Oil Boom

Saudi Arabia wants to be a part of the boom in the U.S. oil sector.   According to media reports, in February, it was planned that U.S. oil would be sent to Asia through a U.S. unit by the country’s state oil firm. However, the plan was discarded because the company found it to be...

Duff & Phelps: Yann Magnan appointed as Europe Leader, the company sets his ambitions high

Approaching a century of existence, the New York based advisory firm maintains its expansion in Europe and its sights on conquering each country within, one at a time. In order to steer the European ship into higher seas, Duff & Phelps’ HQ have nominated Yann Magnan, who has an MS in Engineering and turned to finance.

ICOs attracted $ 2 billion since early 2018

Since the beginning of January this year, ICO projects have managed to attract investments worth almost $ 2 billion. It is expected that the indicator can exceed the last year's record, when with the help of token-seals the companies earned about $ 5.7 billion. Last month, the total amount of fees...

Exxon Gears Up With An Expansion Plan To Become A ‘Leader In The North American Refining Industry’

Expansions plans are under Exxon’s sleeves as it inches towards “final approval”, reports sources familiar to the matter. The Exxon Mobil Corp, reports Reuters, is moving close to sealing the “final approval” on the “major expansion” project of its “Beaumont, Texas, refinery”, whereby the said...

For Opening New Accounts, More Americans Would Visit A Branch Than Use Mobile Apps

A new survey conducted on U.S. citizens with a bank account has found that about 60 per cent of all Americans prefer to go to a bank branch to open an account instead of using online apps through their mobiles, tablets of desktop computers despite the enhancement of quality of mobile banking apps....

Asia Focus Of HSBC Drives Growth With A 141% Y-O-Y Increase In Profits For 2017

HSBC bank said that its strategy of focusing on Asia was giving its growth after the lender announced a pre-tax profit of $17.2bn (£12.3bn) in 2017.   In the last year, the bank had made a profit of $7.1 billion and this year’s figure notes a 141per cent increase compared to a year ago....

U.S. Pharma Companies Developing 200 New Medicines For Cardiovascular Diseases: PhRMA Report

One out of every three deaths in the United States is accorded to cardiovascular diseases 0 including heart disease and stroke. It has turned out to be the leading cause of death in the country.   Every year, over 800,000 deaths occur in the country due to cardiovascular diseases...
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