Daily Management Review
Business & Finance

Development of Mobility Apps the Priority for Take Over of French Tech firm by Renault & Nissan

As automakers Renault SA and Nissan Motor Co compete with global automakers and tech firms in the race for development of new services including ride hailing and car sharing, the companies announced that they would jointly buy over the French software development company Sylpheo.   Their...

Criticisms after Monsanto Deal Soothed by Bayer, Claims Expected Rise in Sale of Top Selling Drugs

Following the announcement of its $66 billion takeover of Monsanto, there were criticism by a large section of the company  investors that the attention of German drug maker Bayer would get divided between the two companies which could result I the company neglecting in its pharmaceuticals...

Profitability of investment banks can reach 30% in the near future

Investment banks may cut costs even more with electronic trading platforms for transactions, and transfer more operations on digital platforms that are in common use. Cloud technology and artificial intelligence will create new revenue opportunities, according to McKinsey’s report (quoted by FT)....

China created a rival to ArcelorMittal

Chinese steelmakers Baosteel Iron and Steel, Wuhan Iron and Steel today announced their merger, which will be carried out through an exchange of shares. As a result, the market will get a new global giant, second only to ArcelorMittal in terms of production. Leading manufacturers of steel in China,...

Ambiguous Accounting Rules could Pose Problems for Exxon Probe

Accounting experts are of the view that due to the broad leeway that energy companies have enjoyed reporting under U.S. rules, New York Attorney General Eric Schneiderman faces an uphill climb in building a case against Exxon Mobil Corp for not writing down assets amid the oil-price slump.  ...

PC Market Improvement Drives Intel Revenue Forecast up

In a growing trend this year, there has been an improvement in PC demand and suppliers of parts used in personal computers are steadily replenishing their inventory, and this has encouraged Intel Corp as the US chip maker raised its quarterly revenue forecast for the first time in more than two...

$55 Million from Big Banks Raised by Google-backed Blockchain Start-up Ripple

$55 million was raised in funding rounds by Ripple, a Google-backed start-up that uses blockchain technology to settle financial transactions between some of the world's biggest banks.   Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm of Siam...

Ex-Shin Bet Head To Partner Volkswagen’s New Cyber Security Firm

Learning from the Israeli experts, Volkswagen is set to explore cyber security measures. Former Head of Shin Bet, intelligence agency of Israel, will be creating a company in collaboration of Volkswagen, whereby the company will invest into developing “security systems for Internet-connected cars...

Siemens to invests $ 5.6 billion in Argentina

German industrial conglomerate Siemens AG has signed an agreement of intent to participate in Argentinian transport, energy and infrastructure projects in the amount of $ 5.6 billion. This was announced by the company’s Chief Executive Officer Joe Kaeser. According to Kaeser, President of Argentine...

Video sharing services in Europe will be obliged to increase payments to copyright holders

Forthcoming reform of European copyright legislation will make video hosting websites pay greater contributions to musicians and record companies. The paper also demands that producers and publishers inform authors and performers on amount of profit derived from their works, reports BBC News....
1 ... « 291 292 293 294 295 296 297 » ... 385