Daily Management Review
Business & Finance

UBS, Deutsche Bank, HSBC to be fined by U.S. CFTC for spoofing and manipulation: Reuters

According to the news agency Reuters, European lenders UBS, HSBC and Deutsche Bank are set to be fined by the U.S. derivatives regulator for millions of dollars each for the so-called “spoofing” and manipulation in the future market in the U.S.   Sources reportedly told Reuters that the...

Google Would Be Happy To Pay More Tax, Says Its CEO

Google would be happy to pay more tax, declared the chief executive of the company as he also called on the authorities to reform the existing taxation system.   There is need for reformation in the existing tax system so that the concerns about some companies not paying up their fair...

Trump Tariff On Solar Panels Forces SunPower’s U.S. Expansion To Be Put On Hold

SunPower Corp wants its solar panels be exempted from the additional federal tariffs on imported solar panels that the Trump administration had imposed this week and has withheld its announced investment of $20 million in expansion plans for its U.S. factory as well as hundreds of new jobs until...

Why did Apple promise to invest $ 350 billion in the US economy?

Apple has announced huge plans to invest in the US economy. To begin with, the company will pay $ 38 billion in the implementation of the new tax legislation, and later plans to spend tens of billions to create jobs, new factories and data centres in the United States. Apple outlined its plans in...

CoinMarketCap's founder caused the latest collapse of Bitcoin

The rate of bitcoins and dozens of other crypto-currencies fell sharply on January 8, causing their total market capitalization to decline by more than $ 100 billion. The starting point for this global collapse was the apartment in a new residential building in Long Island City, New York. There...

Toshiba is considering an IPO for its memory chip division

Toshiba Corp is considering a possibility of conducting an IPO for its memory chip manufacturing business if an agreed $ 18 billion sale to a consortium of investors led by Bain Capital does not receive approval from antitrust regulators by the end of March. This is reported by the Financial Times....

Technavio Report Forecasts 12% CAGR In Global Reset IC Market For 2018-2022, Driven By Growth Of IoT

The latest report from Technavio market research forecasts that the global reset IC market would register a growth of CAGR 12 per cent during 2018 and 2022.   The report is based on the segmentation of the aforesaid market according to end-user. The segments mentioned in the report are...

Second-Hand Trading Of Luxury Watches To Be Started By Swiss Luxury Watchmaker Audemars

The first major watch brand to get into the lucrative and fast-growing market for used premium watches is the Swiss luxury watchmaker Audemars Piguet. The company recently announced its plans of launching its second-hand business this year.   The company plans to expand its business for its...

Fitch Predicts Rise In Bad Debt Charges For Australian Banks In 2018

Fitch ratings has warned that Australian banks would be put under pressure o the issue of charges for bad loans which is slated to rise and face greater scrutiny from a royal commission. This is expected to put Australian banks under the grind in 2018.    The various economic trends...

Emirate Orders A380s From Airbus For $16 Billion, Infuses Life To An Almost Dead Program

A follow up order from Emirates has allowed Airbus to save its flagship A380 superjumbo from the brink of being struck out of the production list forever. It had been just days that the airplane maker had suggested that it would kill it off due to very little demand and this order infused a new...
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