Daily Management Review
Business & Finance

Issue Of Collection Of Personal Data By Facebook Results In A Warning To The Company From German Cartel Office

In what is another potential face off for Facebook in Europe, the social media giant has been warned against collection of and transferring of data from third parties who are outside the network of the social network in an “abusive” manner by the competition authority of Germany.  ...

Strict Censorship Has To Be Followed By Facebook, Google To Access Chinese Internet Market: Chinese Official

Google and Facebook will need to function within the current cybersecurity rules that have been set up in China if the two IT companies desire to have access to the Chinese internet market which has about 751 million internet users.   This was revealed in a Reuters report which quoted the...

European Commission suspects IKEA in tax evasion

The European Commission announced the beginning of a tax audit of the IKEA subsidiary in the Netherlands for possible tax evasion. The reason for the investigation, as noted, was a suspicion of potentially infringing legislation in the judgments of the Dutch tax authorities against Inter IKEA...

Curbside Pickup Strategy Being Used By Kroger And Walmart To Attract Shoppers And Combat Amazon

Curbside pickup is a differentiation strategy that is being used by some veteran supermarket operators to give a fight to Amamzon.com in the U.S. which is seeking to use the home delivery strategy to topple the U.S. grocery market.   The drive through service for burgers and coffee has been...

Apple To Be Hurt By Increase In Import Tax On Electronic Items Including Cell Phones By India

With the intention of providing a fillip to the domestic electronics industry in India, the government there has announced an increase in the taxes on importing of dozens of electronic items – from smartphones to television sets.   This move has a direct bearing on the business of iPhone...

Indian Cricket And Cash Can Belong To Disney Through Fox’s Star

The fast-growing Indian media market could open up to Walt Disney Co from its anticipated deal with Twenty-First Century Fox Inc as the former would have opportunities to take advantage of in India through cricket rights and local-language TV shows.   The popular Hotstar streaming service...

Disney to buy 21st Century Fox for $ 75 bln

Walt Disney’s deal to buy 21st Century Fox, Rupert Murdoch's business for the production of cinema and TV shows, will cost $ 40 per share, or just $ 75 billion, Reuters reports citing a source familiar with the situation. The deal, which will be announced shortly, will complete more than half a...

Three-Year High Rate Of Food Inflation Drives U.K. Supermarkets Sales Higher

In the last few week, high end retail chains like Tesco and Sainsbury's, appear to have made most of the high rates of inflation in Britain – which is at an all time high in the last four-year period. All of the four big UK retailing companies reported the strongest growth rates in the...

Bitcoin May Attain Calm And End Volatility – Making It Boring For Some

It is an undeniable fact that a stir in the world currency markets has been caused by the cryptocurrency bitcoin – whether one likes it or not.   There have been a series of controversial incidents surrounding bitcoin ever since it was invented back in 2009 and such incidents range from...

Australia's Westfield’s Acquisition For $15.7 Billion To Be The Largest For The Country

It would possibly be the largest acquisition of an Australian company ever after Westfield Corp, owner of serval shopping malls, is acquired by France’s Unibail-Rodamco, for about $15.7 billion.   The global retail property sector is under pressure from the online retailing companies such as...
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