Daily Management Review

DMR

Don't Miss

Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

U.S. Tariffs Force Chinese Factories to Halt Production and Hunt for New Markets 04/28/2025

Americans Fear Repetition of 2008 Financial Crisis as Tariff War Intensifies 04/28/2025

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

Business & Finance

Nikkei: Arms producers move headquarters to Japan in anticipation of rising military spending

US companies Lockheed Martin and L3Harris Technologies, as well as the British company BAE Systems, have already relocated or plan to do so. Major Western armaments corporations are relocating their regional offices and subsidiaries to Japan ahead of Tokyo's anticipated increase in defense spending...

Bloomberg: Tensions between China and the US will lead to higher prices for Apple products

According to the agency, production shift from China to other nations may result in price hikes due to rising prices. Technology giants like Apple are being forced to shift some of their production from China to other Asian nations as a result of US efforts to stifle China's technological...

Cybersecurity Firm Wiz Is Contemplating Making A Acquisition Bid For SentinelOne.

After SentinelOne, a $4.9 billion corporation, started reviewing its strategic options, cybersecurity startup Wiz said on Friday that it is considering a potential acquisition deal. Due to clients cutting their information technology spending in the face of volatile financial conditions...

Nvidia shares hit record high after successful quarterly report

Following the release of the company's quarterly report, the share price of Nvidia increased to a record high. Shares of the chip manufacturer grew by more than 200% so far this year. Following the release of the company's quarterly report, the value of Nvidia shares during trading on August 24...

China Stealthily Hires Foreign Top Talent As The US Tightens Restrictions

Up until 2018, China attempted to hire top scientists with advanced degrees from outside as part of a lavishly funded programme that Washington saw as a threat to American interests and technological dominance. According to three sources with knowledge of the matter and a Reuters review of...

Bloomberg: Huawei is circumventing US sanctions

The Chinese corporation Huawei establishes several covert semiconductor production sites across the country under different identities in order to get over US sanctions, writes Bloomberg citing the US Semiconductor Industry Association (SIA). According to information from the association's internal...

Plant In Chongqing, China Is Put Up For Sale By Beijing Hyundai

As the South Korean automaker changes its strategy in China in the face of severe pricing competition and weakening demand, Beijing Hyundai Motor has listed its Chongqing facility for sale at a starting price of 3.68 billion yuan ($505 million). According to a report on the China Beijing...

$9.6 Bln Sale Of Subway To Arby's Owner Roark Is Nearing: Report

According to the Wall Street Journal, a deal to buy sandwich company Subway for around $9.6 billion is close to being finalised by Roark Capital, which already owns the eateries Arby's and Buffalo Wild Wings. According to the article, which relied on persons with knowledge of the...

S&P downgrades credit ratings of several U.S. banks

S&P reduced long-term credit ratings of a number of US banks. Based on data from the worldwide rating agency S&P Global Ratings, a number of American banks have had their long-term credit ratings reduced. KeyCorp, Comerica Inc., Valley National Bancorp, UMB Financial Corp., and Associated...

Aussie Grocers Will Make Positive Profits Due To Persistent Inflation; Consumer Behaviour Is Crucial

Australian supermarkets are expected to post higher full-year profits as decades-high inflation supported shelf pricing; but, economists say that the outlook on consumer behaviour in light of increased borrowing costs and expenses will be crucial. According to expert projections, major...