Daily Management Review
Business & Finance

Ford's job cuts predict recession in the US

Only bad reports have come from the US car market in recent months, which almost certainly indicates problems in the American economy. As early as the beginning of the year, some experts warned that the car boom era in the US is close to completion, and in May the news became alarming. Huge stocks...

EY: US companies are more profitable than European concerns

Profitability indicators of American concerns are higher than those of their competitors from Europe. These are the results of a study of audit and consulting company EY. The total revenue of 300 public European companies for the past year amounted to 6.7 trillion euros, and operating profit - 576...

The Company Of Renaults Looks Towards A Normal Monday Start After The Cyber-Attack Injury

A spokesperson of Renault informed that the company was prepared to resume normally in most of its sites by Monday the 15th of May 2017. Renault, the French auto maker, is expecting to resume its normal state of production by Monday, the 14th of May 2017, including even its factories that came in...

U.S. Warned Not To Upset Global Growth By G7 Finance Chiefs

The stakes for American grocery chain operators who have been caught in an intense price war would be raised as the German discount supermarket chain Lidl is set to open its first set of U.S. stores this summer.   With plans to opening up 80 stores in the United States within the first year...

The South-East Asian Competitor Of Uber, Grab Is Set Expand In Payment Sector Through Acquisition

Grab seeks to reach the “dominant position” in “mobile wallet payments system” throughout the region of south-east Asia. Grab with its headquarter in Singapore provide “ride-hailing” service in the region of southeast Asia, whereby the company is set to move on for “further acquisitions” following...

Earning Statement Confirms SoftBank’s Investment Destination As “Didi Chuxing”

“$5 billion” to go into China’s “ride-hailing firm” coming from the Japanese bank. The Japanese Company, SoftBank Group Corporation’s “earning statement” revealed about its consent on investing “$5 billion”, equivalent to “550 billion yen” on “Didi Chuxing”, a Chinese “ride-hailing firm”.  ...

Softbank invests $502 mln in a British VR startup

One of the leaders in the field of telecommunications, Softbank, announced an investment of $ 502 million in Improbable, a start-up from the UK that helps companies create complex virtual worlds. As a result of the round B, the British start-up, created 5 years ago, was estimated at more than $ 1...

China breaks into the e-commerce vanguard

Not only the Chinese market of electronic and mobile retail trade caught up with the American and European, but in a number of ways has already become a reference point for the whole world. Boston Consulting Group and Chinese online retailer Alibaba have published a joint study "The New Retail:...

Cannabis industry is skyrocketing in the US

The marijuana industry is developing with leaps and bounds, and shares of manufacturing companies are rising at a record pace. Let’s take a look at the growth dynamics of the seven largest companies engaged in the manufacture and sale of marijuana in the last year: GW Pharmaceuticals: + 35%, Canopy...

Uber is put under investigation for Greyball

The US Department of Justice launched a criminal investigation against Uber for using the Greyball program to avoid inspections in regions where the provider had not yet obtained a license. Greyball analyzed personal data of taxi customers to determine if they belonged to law enforcement, and in...
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