Daily Management Review
Business & Finance

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....

Drug Pricing Increases Debated by Pharma Company Executive

More pharmaceutical companies are pledging to limit annual increases to under 10 percent, as they are grappling with a backlash against high U.S. prescription drug prices. However critics have not been salved which includes President-elect Donald Trump, who on Wednesday said drugmakers are "getting...

FCC Regulation May Not Be A Hurdle At All For AT&T In Its Time Warner’s Acquisition Deal

Analysts are of the opinion that FCC regulation could be easily avoided by AT&T while purchasing Time Warner and the former too finds some benefit from the deal. AT&T Inc. informed that the company could avoid a “powerful telecommunications regulator” during its Time Warner Inc. acquisition,...

McDonald’s to shake off its Japanese business

American corporation McDonald's, the world's largest fast food restaurant chain, started to accept offers for a large share of its Japanese unit. The operator of fast food restaurants owns slightly less than 50% in this division through its affiliates. The Japanese business is listed on the Tokyo...

Cheap Models Drive Electric Car Boom in What are being Called China's anti-Teslas

Comprising mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan, the electric cars that are old are sold in China is more than in the rest of the world combined.   As part of Beijing's policy to build global...

Honda’s Sales Leave Behind The Rest Of The Automakers In 2016

Tax incentive prove to be fruitful for Honda, while analysts warn that rolling back of same scheme will lead to a sharp drop of sales. In an attempt to “make the most of a tax incentive”, customers in China “rushed” to purchase cars, whereby boosting the sales of the “global automakers” in the year...

L'Oreal to buy three cosmetic brands from Canadian Valeant

Canadian pharmaceutical company Valeant will sell three its cosmetics brand to L'Oreal for $ 1.3 billion, Bloomberg reported, citing the statement of the French cosmetics and perfumes manufacturer. Under the deal, Valeant will sell three skin care products: CerAve, AcneFree and Ambi. Annual sales...
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