Daily Management Review
Business & Finance

Newmont Mining to Sell of Waihi Gold to OceanaGold for $106M plus Royalties

Newmont Mining Corp has recently announced the sale of its Waihi Gold operations to OceanaGold Corp for a disclosed sum of $101 million, $5 million contingent plus royalties. The deal is subject to regulatory approvals and conditions being met, before it gets closed by the third quarter of the...

HSBC job cut to be beneficial to India, China

Even as HSBC cuts thousands of jobs worldwide, the comapny will be investing more in the growing economies of India and China over the next few years. Even while British bank HSBC announced its plans to axe up to 25,000 jobs globally, Indian operations would face minimal impact and may at least...

Key Advertiser is Leaving Google for Dropbox

Google could not keep one of the main advertisers, who prefer to go to Dropbox. Vice-president of the advertising department was such a valuable employee, that one day he was paid $ 100 million to only stay in the company. The person in the limelight - Neal Mohan. He has long been the second person...

Qatar Airways threaten to exit Oneworld alliance

The growing dominance of carriers based in Middle East has changed the power dynamics within oneworld alliance. Qatar Airways Chief Executive Akbar Al Baker expressed a voice of dissent in the matter of Oneworld Alliance and noted that he may have to exit the council because of rival and fellow...

Ford to invest $3.1 billion in Michigan state

Ford has struck a deal with Michigan government to invest $3.1 billion in the state in exchange for tax credits. American automobile major Ford Motor Company has vowed to invest $3.1 billion in its home state of Michigan.   The move by the company is aimed to keep the attractive tax breaks...

Why Uber is Unlikely to Succeed in China

According to the research company Enfodesk, the market of online services for the taxi in China was divided between the two local players: Kuaidi Dache (56,5% of the market) and Didi Dache (43,3%)by the end of 2014. They work in the lower price segment. The share of other companies, including Uber,...

Israel's Ministry of Culture Called on Paris to Dismiss the Head of the Orange

The Minister of Culture of Israel Miri Regev urged France, which owns a large stake in telecom giant Orange, to dismiss the chairman of the company Stefane Richard, after he spoke about the partnership with Israel in a negative way. Regev was outraged by Richard’s statement that Orange has to cease...

How Much Will FIFA lose without Sepp Blatter?

So, Joseph 'Sepp' Blatter is going away. Many companies are concerned about corruption scandals that preceded his resignation after the election victory – after all, they put a lot of money into FIFA. May 29 Blatter was re-elected to the presidency, but international hostility, apparently, became...

Merits of a company joining up with the accelerator program

Accelerator programs have their own set of benefits and have been visualized as a serene opportunity for entrepreneurs to attain success in their business venture within a short time period. In a recent post, there was a debate on the merits of our company, VerbalizeIt, joining up with an...

U.S Capital Gain Among the Highest Ever, Obama Hungry for More

Although the United States has one of the highest tax on long term capital gains, President Obama is pushing to increase it further to 23.8% America's top imposes on long haul capital increases is 23.8%, comprised of two parts. There's the 20% top increase rate, in addition to the 3.8% Affordable...
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