Daily Management Review
Business & Finance

More than $7 Billion to be Invested in Display Plant in the U.S., says Foxconn CEO

Chairman and chief executive of Foxconn, the world's largest contract electronics maker, Terry Gou said that in an investment that would exceed $7 billion. The company is considering setting up a display-making plant in the United States.   Gou was prompted to warn about the rise of...

Manpower CEO says in the Workplace, Tech can Help Women ‘Leapfrog’ Men

According to the chairman and chief executive of ManpowerGroup, women would be able to gain a chance to "leapfrog" their male counterparts and correct workplace gender imbalances by developments in technology.   Jonas Prising said in a panel at the World Economic Forum in Davos that...

Foreign Business Pessimism Being Fueled by China Protectionism, U.S. Lobby says

A survey released on Wednesday showed that among the respondents surveyed, most say that they have little confidence in China's vows to open its markets while more than 80 percent of members of a U.S. business lobby in China say foreign companies are less welcome than in the past.   As it...

Hyundai and GM are ready to invest in the U.S.

Hyundai Motor automaker declared its intention to invest $ 3.1 billion in existing manufacturing facilities in the United States. The company is also considering a possibility to build a new plant in the world’s most profitable car market, which will help create thousands of new jobs. The South...

Ryanair edges out Lufthansa Group in the largest European airlines rating

For the first time, a low-cost carrier became Europe's largest airline by number of passengers. According to ICAO data, in 2016 share of low-cost airlines has reached 28% in total scheduled passenger traffic. In response to competition from discounters, traditional airlines introduced super-saver...

SpiceJet Attempts To Capitalise On The Indian Air Industry’s Growing Rush By Purchasing New Planes From Boeing

Boeing and SpiceJet enters into a new deal, which seems beneficial for both the parties. On Friday, the “budget carrier” of India, SpiceJet, showed its consent over buying a hundred “new MAX 737 aircraft from Boeing”, while keeping an option open for getting an additional fifty. Likewise, the...

Luxottica and Essilor: € 46 billion-worth merger

January 16, Essilor and Delfin companies announced signing of a merger agreement between Essilor and Luxottica Group. This is stated in Essilor’s press release. The deal will create a key player on the market, active in all segments of the industry that has the most modern production facilities and...

Threat of Imposition of 35 percent U.S. Import Tariff Given by Trump to German Carmakers

A warning of a border tax of 35 percent on vehicles imported to the U.S. market for German car companies was issued by United States President-elect Donald Trump. This warning however drew sharp rebukes from Berlin and hit automakers' shares.   Trump criticized the German carmakers for...

Risks of Mass Data Collection Point of Discussion for Startup Investors

More data is what nearly every technology startup wants.   But tensions are rising in Silicon Valley over whether such practices amount to a form of surveillance that customers will ultimately find invasive in the rush to collect all manner of information about customers.   Consumers...

Analysts say 'Nothing's Really Changed' with Amazon's Promise of 100,000 jobs

In its latest move to win over shoppers by investing in faster delivery, creation of more than 100,000 jobs in the United States, from software development to warehouse work, was announced recently by Amazon.   But analysts are of the view that "nothing's really changed" at Amazon....
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