Daily Management Review
Business & Finance

Just Before A Royal Commission Inquiry, Job Cuts Focus Of The Big Banks Of Australia

The already tarnished image of the big banks of Australia may take another hit just before an inquiry into their businesses because they are set to cut jobs and other costs as they react to a revenue crunch.   Cost curtailment has been go-to method for the so-called Australia’s Big Four...

Japanese Firms Could Move Out Of The U.K. If Their Profits Are Impacted By A Brexit Deal

Warnings of the consequences of a bad Brexit deal on the Japanese companies was issued by the Ambassador of Japan to the United Kingdom - Koji Tsuruoka, to the British Prime Minister Theresa May in London on Thursday.   In case of a bad Brexit deal impacting the profits of the Japanese...

Google Found Abusing Dominant Position In India, Country’s Competition Commission Slaps Fine

In what is the latest action by a regulatory body against the most popular search engine of the world, a fine of 1.36 billion rupees ($21.17 million) has bene imposed on Google by the antitrust watchdog of India on Thursday allegedly for the company violating and misusing its dominant position in...

Japan to inspect 32 cryptocurrency exchanges

The Financial Services Agency of Japan (FSA) plans to check 32 local crypto-exchange exchanges. In particular, the exchanges will be checked to ensure the safety of users' funds, reports Reuters. The financial regulator will check the activity of crypto-instruments for compliance with 43...

Biggest Quarterly Loss Ever Announced By Elon Musk's Tesla

Even while Tesla announced its biggest ever quarterly loss a day later, there has been no let up in the efforts of its founder and tech billionaire Elon Musk to foray into the space exploration segment.   A day before the latest financial reports were released by Tesla, an electric car...

The biggest disappointment of cryptoinvestors

The Ripple network's crypto currency (XRP token) is apparently be the greatest disappointment for investors, says CoinDesk. Last month, the cost of XRP climbed to a record for the entire history of its values - nearly $ 3.8, thus pushing Ethereum out from the second place. The market value of...

Agreement Reached Between Groupe Rocher And Arbonne International To Acquire The Later

Groupe Rocher has completed a definitive agreement to take over Arbonne International, the former announced on Friday. Arbonne International is engaged in business of direct selling of botanically based beauty, nutrition products and personal care.  Groupe Rocher intends to balance and expand...

Despite Muted Outlook, Apple Shares Rise after Reporting Of Strong Prices Of iPhones And Cash Plans

Despite the fact that Apple Inc. delivered not so encouraging revenue outlook for the current quarter, concerns of investors were eased after the world’s biggest technology company hinted that it could give back over half of its $285 billion in cash reserves and after reports of stronger iPhone...

eBay changes PayPal for Adyen

PayPal has been the main eBay payment service for 15 years. Now it will be replaced by the Dutch service Adyen. PayPal will still remain one of the payment methods available to buyers on eBay. PayPal has been the main eBay payment service for 15 years. The companies split in 2015, but so far they...

10 most expensive brands in the world

Brand Finance compiled its annual rating of the most expensive brands in the world. The brand value is calculated by estimating future possible incomes, like if the company did not own the brand but paid royalties for it. Below are the 10 most expensive brands in 2018. 10. ICBC Country: China...
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