Daily Management Review
Business & Finance

Facial recognition technology is getting massive funding in China

Global investors, including U.S. hedge funds, are increasingly cashing-in on China’s demand for increased state surveillance through smart CCTV cameras that can track and monitor suspects, including dissidents and activists, with a disregard for individual’s rights. As far as the business side of...

Technavio Report Predicts qPCR Reagent Market To Be Boosted By Forensic Sciences Demand For qPCR

The latest market research report form Technavio on the global qPCR reagent market claims that there will be a growth of more than 7% CAGR from 2017-2021 in the market. the growth rate would be supported by rampant and increasing use of qPCR technique in multiple applications like food and...

Mobius: Saudi Aramco will not hold an IPO in New York

A few days after US President Donald Trump urged Saudi Aramco to conduct an IPO on the New York Stock Exchange, a well-known investor Mark Mobius, said that the placement in New York is unlikely, CNBC reported. A number of exchanges, including in New York, London, Hong Kong and Singapore, are...

Deutsche Telekom raises 2017 outlook

Unperturbed by the collapse of the mega deal between T-Mobile US and Sprint Corp, Deutsche Telekom’s third quarter earnings have beaten analysts’ expectations. Leaving behind the collapse of the merger between T-Mobile US and Sprint Corp, Deutsche Telekom raised its 2017 outlook and reported a 3.3%...

Goldman Sachs led in a $10 million funding round of fintech Crux Informatics Inc

The development marks a growing trend of large financial institutions being dependent on fintech startups to provide them large diversified normalised data sets from which they can gain business intelligence. On Wednesday, it emerged that the Goldman Sachs Group Inc led a $10 million funding round...

OPEC: American shale companies will keep dominating the market

American oil shale companies, that turned the whole energy industry upside down, in the coming years will absorb most of the growth in demand for oil, OPEC’s new report says. However, the figures will grow among all market participants after many years of rapid growth in US oil production and...

GE looking to divest / spin-off GE Capital Aviation Services (GECAS)

GE is also exploring to either spin-off or divest its transportation and healthcare information technology businesses. These strategic sales are aimed at meeting the company’s goal of identifying assets worth more than $20 billion that can be divested or spun-off so as to not weigh down its...

VW to get a banking license in Britain

Volkswagen is studying a possibility of applying for a full banking license in the UK, writes Reuters. The company wants to be able to continue to offer car loans after Britain leaves the European Union, according to a statement by the German automaker. The company confirmed comments made by...

China-backed Canyon Bridge manages to buy British tech company in its bid to gain advanced chip design knowhow

U.S. antitrust authorities had barred China-backed Canyon Bridge from acquiring U.S.-based Lattice Semiconductor Corp citing national concerns. In a significant development, the shareholders of Imagination Technologies have approved a $730 million (550 million pound) cash takeover bid by...

Nickle mining companies to ride room in electric vehicle

Although EVs are driving up the growth of nikle miners, analysts say only half of them are likely to benefit from the increased demand. Mining analysts and executives have disclosed, although battery makers are increasingly turning to nickel to help power the global boom in electric cars, only 50%...
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