Daily Management Review
Business & Finance

Operations In India And South Africa To Be Cut By GM

In what is being touted as General Motors Co’s latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets, the car maker plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa.   In order to...

Brexit vacates office space in London

Deloitte Real Estate reports that the percentage of vacant office space in central London has risen sharply over the past year. According to experts, this was facilitated, on the one hand, by the large volume of construction of new office buildings in the last year and a half, and on the other hand...

Even With A Cash Pile Of Over $250 Billion, Apple Is Issuing A Euro-Denominated Bond

As Apple Inc looks to tap the strong debt markets in Europe, even as it maintains a cash pile of over $250 billion, it issued a dual-tranche euro-denominated bond on Wednesday.   Reuters publication International Financing Review (IFR) said that order books for the bonds have surpassed 5...

Fuse Defect Forces ‘FAW-Volkswagen Automobile Co Ltd.’ To Recall “577,590” Vehicles In China

Quality watchdogs find fault with VW’s “Golf and Sagitar cars”. The Chinese joint venture of Volkswagen AG, FAW-Volkswagen Automobile Co Ltd, is going to make a recall of “577,590 Golf and Sagitar cars” as a result of defect in “a headlight fuse” which may cause “safety risks” related issues,...

$5.2 Billion Purchase Deal As Agrees To Buy Drug Ingredients Maker Patheon

As Thermo Fisher Scientific Inc looks to become a one-stop shop for contract drug development and manufacturing, the company has said that it would buy Dutch drug ingredients maker Patheon NV.   A premium of about 35 percent to Patheon's Friday close is represented by the offer price of $35...

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...
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