Daily Management Review
Business & Finance

Woes For Gulf Airlines Deepened By The Arab Rift

Exposing the sensitivity of Gulf hubs to regional uncertainty and creating openings for rival airlines - at least in the short term, a bust-up between Arab powers has dealt a blow to supercarriers already hurt by low oil prices and laptop bans.   Passengers of Qatar airlines were left...

Before Venezuela Bond Deal, Warnings Heeded By Goldman, Nomura

Partly because it would mean dealing directly with a Venezuelan state bank, Goldman Sachs turned down a request from Caracas to convert $5 billion in sovereign bonds into marketable securities in early May, reported the media.   After opposition politicians called it to warn about the...

Toyota refuses partnership with Tesla

Toyota Motor Corp., a Japanese automaker, has discontinued its business and capital partnership with Tesla Motors Inc., having sold its entire stake in the US manufacturer of electric vehicles, the Nikkei writes. Toyota's decision suggests that Japan's largest automaker does not see the need to...

Chipmakers Look Beyond Crowded Smartphone Market At Taiwan's Biggest Tech Fair

Shifting away from smartphones where intense competition has pushed down components prices, and with bets on new areas such as driverless cars, virtual reality and artificial intelligence, were put by chipmakers who switched focus at Taiwan's top tech fair this week.   In order to show off...

Hopes On 'Esports' Video Game Gladiators Pinned By European Telecoms Firms

Telecoms firms see Esports as a way to lure younger clients and brand themselves as digital companies rather than merely providers of phone services, with championships watched by crowds of fans similar to traditional events like the NBA basketball finals or soccer World Cup.   By creating...

Revenues of App Store developers exceeded $ 70 billion

Apple announced that total revenues of its developers in the App Store exceeded $ 70 billion since the store was launched in 2008. Over the past 12 months, the number of downloads has increased by more than 70%. "People all over the world like apps, and our customers are downloading them in record...

The ‘Biggest Foreign TakeOver’ Of China Seeks More Even After Acquiring 95% Shares

ChemChina is ready to carry out “squeeze-out merger” on Syngenta if the former gets less than 98% of the latter’s shares. Through the “$43 billion tender offer” of ChemChina to Syngenta, the former has gathered almost ninety five percent shares of the latter, being a “Swiss pesticides and seeds...

China is ready to weaken the electric vehicles quotas

Beijing is ready to weaken its requirements for quotas for the production of electric vehicles in China, said Foreign Minister of Germany Sigmar Gabriel. German automakers have been afraid of introducing hard quotas for many months. China is ready to ease stringent requirements for quotas for the...

Moving Towards Healthy Options PepsiCo Inc. Bids To Acquire Vita Coco

The deal between PepsiCo and Vita Coco still rests on uncertain ground. PepsiCo Inc. is conducting acquisition talks with All Market Inc. The former manufactured soft drink and the latter owns Vita Coco, a “coconut water brand”, with its “celebrity investors” like “Madonna and Matthew McConaughey”....

Big Push For Selling Ads To Drugmakers Being Made This Summer By Facebook

There are media reports, based on source information close to Facebook that this social media giant is hosting an invitation-only summit dedicated to health on June 6 in New York. As a matter of proof, a section of the media even tracked down a screenshot of the invitation. "Health in the era of...
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