Daily Management Review
Business & Finance

Mobile segment grows Alibaba's income

Despite concerns about slowing economic growth in China, in June Alibaba company showed 18%-growth in the number of active buyers, compared with 434 million people in the previous year. The number of active users increased by 39% to 427 million users per month, which almost doubled growth of the...

Antibiotic Rules Pressed to be Implemented at Yum’s KFC by Consumer Groups

A call on the Yum Brands Inc unit to stop the routine use of antibiotics by the companies that supply its poultry was delivered by consumer groups through a petition from more than 350,000 people to the KFC fried chicken chain.   By forcing their respective meat suppliers to adopt new...

Patent Fight Between Apple & Samsung Could Push The Technology Industry Into Danger Zone

The Federal Circuit has agreed to re-consider the penalty amount payable by Samsung to Apple. One group of professionals in the industry informed the Supreme Court that Apple Inc “deserved” the damage charge of “hundreds of millions of dollars” that was paid by Samsung Electronics Co Ltd, whereby...

US Marshals Service arranges a grandiose Bitcoin auction

US Marshals Service put on auction 2719 Bitcoins, confiscated in several criminal cases. The total value of items may exceed $ 1.6 million. The auction is scheduled for August 22, and participants can register starting from 18 August. Bitcoins were seized within nine criminal cases. For the last...

Atlante Fund to buy out bad loans of Monte dei Paschi

Atlante fund, designed to rescue Italian banks, has attracted about 1.6 billion euro ($ 1.8 billion) to further purchase "bad" loan portfolio Banca Monte dei Paschi di Siena (BMPS), reports Reuters. Problem loans of Italian banks totaling € 360 billion become a concern of investors, and contributed...

Uber/Didi China Deal Brings Threat for India Ride-Hailing Firm Ola

Uber’s main rival in one of Asia’s fastest growing ride hailing market – India, Ola has been left more vulnerable to attack in its $12 billion home market following Didi Chuxing's acquisition of Uber's China business last week which has reshaped the landscape in Asia's growing ride-hailing sector....

Markets Surprised by Western Europe’s Top Oil Producer

As Middle Eastern output is climbing to records amid OPEC’s battle to defend market share, production increases from Norway and the neighboring U.K. are adding to a global supply glut.   “The road ahead is far from smooth” as large stockpiles are forecast to keep weighing on oil prices even...

Talks to Sell its Battery Operations Initiated by Nissan with Panasonic and Others

In a news report Reuters quotes various sources that say that Nissan is looking to sell off its controlling stake in a car battery manufacturing venture. The report also quotes the sources saying that the Japanese auto maker is in talks with Panasonic Corp for this purpose as well as with other...

Chinese hi-tech is chasing the US

In recent decades, the United States have admittedly been a global technology leader. Now, however, China is reducing the backlog in many industries - from drones and electric vehicles to smart phones and data analysis. Last week, Chinese startup Mobvoi announced plans to launch sales of its smart...

Experts Finding Security Bugs to be Given Big cash Rewards by Apple

Apple is the latest company to join dozens of firms that already offer payments for help uncovering flaws in their products. The U.S. based maker of iPhones and operating system said that payment of up to $200,000 as rewards for researchers who find critical security bugs in its products was being...
1 ... « 299 300 301 302 303 304 305 » ... 387