Daily Management Review
Business & Finance

Papers of Apple rose thanks to Samsung's failure

Shares of Apple have updated yearly high after the company’s main competitor in the smartphone market, Samsung Electronics corporation, announced termination of production and sales of the flagship model Galaxy Note 7. After start of trading on the Nasdaq on Monday, October 10, price of one Apple’s...

Is the US property market ready to collapse?

Real estate market in major metropolitan areas such as New York and San Francisco is sinking down, the US media mentioned several times. Volume of proposals of apartments in New York fell by 20% in the III quarter compared with the same period last year. This is linked the fact that buyers are...

Yonhap Reports Note 7 Production Halt Deepening Samsung Recall Crisis

Dealing a further setback for Samsung Electronics Co Ltd in the midst of its worst ever phone recall crisis, the tech giant has suspended production of its Galaxy Note 7 smartphones following reports of fires in replacement devices, South Korean media reported on Monday.   Yonhap News Agency...

Films for Global, Chinese Audiences to be Co-produced by Alibaba Pictures and Amblin

Steven Spielberg's Amblin Partners and Alibaba Pictures Group Ltd will co-produce and finance films for global and Chinese audiences. The two companies said this over the weekend.   Alibaba Pictures Group Ltd is the film unit of Chinese billionaire Jack Ma's Alibaba Group Holding Ltd....

IMF Chief says Deutsche Need Deal on Fine and Gives the Bank Tough Advice

Saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fine, IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday.   While sources said Germany's financial watchdog had found no...

IBM invests $ 200 million in the Internet of Things

IBM invests more than $ 200 million in opening of a new global headquarters for a business unit called Watson Internet of Things (IoT) in Munich. Watson IoT develops new IoT solutions for blockchain and security technologies. In addition, IBM named a number of customers and partners that would...

Aston Martin will Lead with Ultra-Luxury Electric Vehicles, Forget Tesla: CEO

While there is a hype surrounding the great race for electric vehicle and as dominance in that market took center stage at the Paris Motor Show this week, not everyone agrees with the hype.    The road to fully-fledged electrification will be a long one, believes Andy Palmer, chief...

U.S. Senator Claims Wells Fargo Account Scandal Extends to Small Business: Reuters

Questions about the scope Wells Fargo & Co's issues with unauthorized accounts were raised as, according to a U.S. lawmaker, the scandal over improper sales practices at Wells Fargo & Co extended to thousands of small-business owners, reported Reuters.   A "full accounting" of...

Tesla Motors set a sales record in the III quarter

In the III quarter, American carmaker Tesla Motors Co. sold 24.5 thousand electric vehicles, which is 70% more than in the II quarter, and twice more than in the III quarter of 2015 (11.58 thousand cars). The last quarter was a record for Tesla in terms of sales. In III quarter, the company sold...

After CEO Reassures on Stability, Share of Deutsche Recover

After fears over its stability sent tremors through global financial markets, assurances that Germany's largest lender remains robust was given by Deutsche Bank's chief executive sought to reassure his staff on Friday.   After being handed a demand for up to $14 billion earlier in September...
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