Daily Management Review
Business & Finance

Eager to Enter Person-To-Person Pay Service Market, Apple Reportedly In Talks With Banks

Apple Inc. is striving to get in to the niche market of person-to-person transfer of money through their phones. According to people familiar with the matter, Apple is in discussions with U.S. banks to develop the payment service that would let users zap money to one another from their phones...

Liberty Media, Liberty Interactive to be Restructured by John Malone

Taking help of tracking stocks and spinoffs, media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls. Spin-off of some of the business of Liberty Interactive Corp along with its 18 percent stake in...

Despite China Slowdown Burberry Reports Surprise Rise in Profits

Helped by the company's cost-cutting drive helped to offset a slowdown in Chinese spending, a surprise increase in first half profits was reported by Burberry.     In the six months to the end of September compared with the same period last year, the luxury retailer said adjusted...

Another Record Singles Day Sale for Alibaba

Aibaba broke its earlier record of of $9.3 billion worth of transactions in a single day sale set last year by itself, as the company touched $10 billion on Wednesday afternoon, according to unaudited company figures.   Chinese e-commerce giant Alibaba is staging a shopping bonanza that...

1000 New Jobs in Ireland Announced by Apple as EU Tax Ruling Nears

1000 more jobs would be added by computer giant Apple at Cork as the company intends to expand its campus there. The new jobs would be added by the middle of 2017.   The number of people employed by Apple in Ireland would increase to 6000 following this expansion by the US based company....

Possible $9 Billion Tax Bill Could Derail Dell-EMC Deal: Media

A tax bill amounting up to $9 billion would probably derailed Dell Inc's $67 billion offer to buy data storage company EMC Corp.  Citing sources familiar with the matter, technology news website Re/code reported this.   The report said that the kind of tax treatment that are consider...

Forrester Issues Forecasts On The Coming Year For Asia Pacific Business Firms

Forrester’s 2016 forecasts cover the fields of Asia Pacific business firms, including, CMOs, CIOs, and CX. The Forrester Research, Inc. “unveiled” the predictions of 2016 applicable to the “Asia Pacific business leaders”, whereby the leaders of CMOs, CIOs and CX or “Customer Experience” section to...

As October Retail Sales Slump in the UK, Asda Pulls Out of Black Friday and Others May Follow

Despite the UK government the event of Black Friday introduced two years ago, UK retailer Asda has confirmed it will “step away” from taking part in the event. Analysts say that the looming discount phenomenon of Black Friday affecting the retail sector is the reason behind this announcement....

As Alibaba Chief Indicates no Compromise Policy, Luxury Brands Suing Alibaba say Mediation Looks Futile

After Alibaba founder Jack Ma was quoted in a magazine as saying he would rather lose the case than settle, luxury brands suing Chinese e-commerce behemoth Alibaba Group Holding Ltd have asked a U.S. judge to be relieved of the obligation to mediate, which they say looks futile since the comment by...

$5.6 Billion Indian Railway Contract Won by France's Alstom US’s GE

French engineering company Alstom will supply 800 electric locomotives and set up a local manufacturing plant worth a total of $3 billion (200 billion rupees). This decision was taken at by the Indian government on Tuesday.   India opened up limited parts of state owned railways last year...
1 ... « 350 351 352 353 354 355 356 » ... 392