Daily Management Review
Business & Finance

Ernst & Young to Settle the Lehman Brothers Collapse Lawsuit for $ 10 Million

Ernst & Young auditor is willing to pay $ 10 million to settle the prosecutor's office in New York lawsuit associated with the collapse of Lehman Brothers investment bank in 2008, reported Reuters citing informed sources. The lawsuit alleges that the company "has contributed to massive...

Ford Gets Rise in Sales

In the 1st quarter of 2015, the American automaker Ford Motor Co. increased sales in Europe by 12.5% compared to the same period last year, according to Associated Press. Ford’s sales in 20 European countries in January-March reached 335.1 thousand of cars. As vice president of sales for the...

The Growing disparity between the Haves and the Have-Nots

There is a sea of disparity of incomes levels between the super-rich and those who have barely anything. The UN is working towards reducing this disparity so as to spread the wealth and make business more sustainable. Last January, with the World Economic Forum (WEF) meeting in Switzerland, which...

Climate Funding is the core issue for Pacific Islanders

The Pacific Nation states bear the brunt of global warming on a day-to-day basis. Their very survival is dependent on the details of the climatic funding by other nation states which is to be decided in Paris later this year. Home to almost 10 million people, the Pacific Islands comprises of 22...

World’ Top Copper Producer Chile Slashed Output Forecast.

The biggest producer of copper across the world is anticipated to produce 5.94 million tonnes of copper in the year 2015. World’s leading producer and exporter of copper, Chile has revised its output forecast downward for the red metal copper from 6.0 million to 5.94 million tonnes for the year...

Xiaomi Falls Prey to Abundance of Fakes

The CEO of Xiaomi Lei Jun said that the Chinese company is more likely to be interfered by counterfeit copies of its products. According to the publication, the Chinese company Xiaomi, which was accused of imitating or even direct copying Apple for years, faced the same problem as Tim Cook’s...

Rate My Aid could smarten the process of providing Aid by UN Agencies

A crowd sourced feedback mechanism in the lines TripAdvisor could very well streamline and revolutionize the working of aid agencies, TripAdvisor could potentially be act as a model for quick crowdsourced feedback which highlights the performance, ambiance and eco-friendliness of restaurants and...

Shell and BG Transaction is only the beginning of large-scale mergers

The largest in the past decade transaction of Royal Dutch Shell concern to buy British BG Group due to low oil prices was carried in the oil and gas sector. According to the German edition of DW and expert on commodity market Eugene Weinberg, it can give impetus to a whole series of similar...

LinkedIn to buy educational portal Lynda.com

LinkedIn has signed a purchase agreement for $ 1.5 billion with online educational service Lynda.com, - as repoted in a statement published on the site of the world's largest professional social network. 52% of the transaction amount will be paid in cash and 48% with shares of LinkedIn. It is...

Canada sells its last few stakes in GM

Ahead of the Canadian Annual Budget release, the government has decided to sell about $2.7 billion worth of share of General Motors Co. The shares being sold is the last remaining of the stakes taken up by the government to bail the company out following the global recession in 2009. Now the...
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