Daily Management Review
Business & Finance

Cathay Pacific to turn profit for the first time in three years

Cathay Pacific, the flag carrier of Hong Kong, provided passenger traffic data for May and stated that it anticipates making a profit for the first half of the year. The carrier, which was forced to ground the majority of its aircraft during the pandemic and incurred unprecedented losses as a...

With Looming Shortages, Auto Companies Scramble To Obtain Non-Chinese Graphite For EVs

As demand for EV batteries for the first time surpasses other applications for the mineral due to increasing EV sales, automakers, including Tesla and Mercedes, are scrambling to lock in graphite supply from outside dominating producer China.   Despite the fact that graphite is the largest...

Indian Airlines Hold Centre Stage At Paris Air Show With Another Impending Big Jet Deal

Tuesday was anticipated to see India continue to dominate the Paris Airshow as Air India finalised a massive order for 470 aircraft from Airbus and Boeing, according to sources familiar with the situation.   It was the greatest agreement ever announced in terms of the quantity of planes when...

Intel to invest unprecedented amount in chip production in Israel

Israel's chip plant will be built with a record $25 billion investment from U.S. Intel, according to Israeli Prime Minister Benjamin Netanyahu. The finance ministry of Israel and Intel have agreed to invest $25 billion in a chip facility, the Israeli prime minister announced on Sunday. Netanyahu...

Japan Will Allow Competition In The Apple And Google-Dominated Mobile App Market

According to a government panel, Japan wants to increase competition in the market for smartphone app payments, which is now dominated by Apple and Google, by outlawing the practise of big app store operators requiring software developers to use their own payment systems.   Major providers...

EU accuses Google of abusing dominant position in advertising market

The EU charged Google with exploiting its monopoly status in the online advertising industry. Google was charged by the European Commission for violating EU antitrust laws by exploiting its monopoly status in the online advertising market, said the European Commission. The authroity viewed...

German stock index DAX sets new historic high

The main European stock exchanges ended Wednesday with gains. According to trading data, the major European stock markets ended Wednesday with gains, and the German index DAX set a new high. By the end of the day, the French CAC 40 had risen by 0.52% to 7328.53 points and the British index FTSE...

Porsche tops most expensive luxury brands rating

Porsche has once again led Brand Finance's "Luxury & Premium 50" list of the most expensive luxury brands, with a total market value of close to $37 billion. Porsche is the most costly luxury and premium brand in the world, according to Brand Finance's new "Luxury & Premium 50" 2023 list,...

Toyota Unveiled Its Grand Goals For EV Innovation And Innovative Battery Technology

Future electric cars (EVs) would use high-performance, solid-state batteries and other technology from Toyota, the manufacturer announced on Tuesday. This strategic shift increased the value of the company's stock.   The Japanese giant's technical roadmap was the automaker's most...

Nasdaq shares lose nearly 12% after the largest deal in company’s history is announced

Nasdaq shares dropped by about 12% after it was revealed that the stock exchange operator agreed to the biggest deal in its history. The exchange operator Nasdaq and the investment firm Thoma Bravo have reached an agreement for Nasdaq to acquire Adenza, a banks and brokers software provider, for...
1 ... « 35 36 37 38 39 40 41 » ... 405