Daily Management Review
Business & Finance

The evolution of jobs in corporate finance: towards a better finance?

The upheavals in the financial world since the 2008 depression have increased the importance of the role of financial advisors. With uncertainty still prevalent in the market, business activities like merger and acquisitions for example are being undertaken with greater caution. A careful introspection of possible investments is critical in retaining and growing wealth.

Crucial Meeting Between Sharp, Foxconn Chiefs After Deal was Halted: Reuters

A day after the world's largest contract maker of electronic goods put its takeover of the Japanese firm on hold, the chief executives of Sharp Corp and Foxconn plan to meet in China, reported Reuters quoting a person familiar with the matter.     After sources said previously...

BT Group Needs To Make Openreaches Network Accessible In Order To Retain It

The telecom regulator finds that Openreach lacks independency; therefore BT Group is urged to give up Openreach, while a middle way is sought after. As per the Ofcom regulator, the BT Group could be under the pressure of distributing the stock of its “Openreach infrastructure arm” to the...

US Companies: Overlooked Difference in Numbers Accounting

The last year turned out to be difficult for the largest US companies, and most importantly, the real results of their work are much worse than they say. FactSet estimates that earnings per share of companies from the S&P 500 index for 2015 increased by 0.4%, what is the lowest growth rate...

HSBC Adapts ‘Voice Biometric Technology’

In the era of technology, HSBC to alter the traditional system of banking. The customers of HSBC will no longer need to bother about memorising their lengthy passwords for the bank is planning to start “voice recognition and touch ID services” in the coming summer season.   Moreover, the...

Norwegian Oil Tycoon Put His Stake on Salmon

John Fredriksen, Norway's richest man, bet on salmon – and did not lose. Atlantic salmon weighing about 4.5 kg is now worth more than a barrel of oil. The company for the fish delicacy breeding has become the most expensive among all Fredriksen’s assets. John Fredriksen made his fortune on offshore...

As Prices Languish, Dilemma Hits BHP's Boss Laden with $11 Billion Cash

The CEO of the world's largest miner BHP Billiton, Andrew Mackenzi, is in a dilemma as the company sits on an $11 billion cash pile and the market watched to see what is done with the money. It would also be a critical test of the ability of Mackenzi to invest during the industry's worst downturn...

Time Inc is the Most Recent Suitor for Yahoo’s Core Business: Bloomberg

Despite its small size, Time Inc. isn’t afraid from pursuing an acquisition of Yahoo! Inc.’s core business.   Quoting people who possessed knowledge about the matter, Bloomberg reported that a presentation was heard by the company from Citigroup Inc. bankers on pursuing a deal to merge with...

Passenger Flights Can no longer Carry Lithium-ion Batteries as Cargo

Following concerns from pilots that they constitute a tangible risk for on board fires, the International Civil Aviation Organization has placed a ban on the cargo shipment of lithium-ion batteries on passenger aircrafts.   The prohibition would come into effect as of 1 April this year and...

Cable & Wireless Communications In An Agreement With Liberty’s ‘Takeover Deal’

The shares of CWC gains further ground following the company’s decision. With the starting of this week, the shares of Cable & Wireless Communications began to rise on Monday, follow the confirmation from the company that it had accepted an agreement on the proposed “takeover deal” by Liberty...
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