Daily Management Review
Business & Finance

Amid New Inversion Clamp-down in the US, Pfizer Accelerates Talks of Allergan Takeover

As the U.S. Treasury prepared to clamp down further on such tax inversions, talks between Pfizer and Allergan for e takeover of the latter for a $150 billion deal would see the U.S. drug giant’s efforts to redomicile in Ireland accelerated on Wednesday.   A person familiar with the...

Sony to Enter the Market of Smartphones Chips

A division of the Japanese Sony, responsible for smartphones production, plans to start developing its own processors for mobile devices. According to insiders, Sony intends to follow the lead of competitors such as Apple, Samsung Electronics and Huawei. Sources say that the company Global Unichip,...

Samsung to Bring in Retro Look Flip Phones: Reports

The technology market is abuzz about the possible return of retro styled flip phones – thanks to a reported effort by smart phone giant Samsung.   Thanks to the likes of the Motorola Razr and Sony's V800, Flip phones were all the rage in the 2000s.   There are reports that Samsung is...

Soon to be Held Study Predicts Wider Benefits Possible by Use of Technology Behind Digital Currencies Like Bitcoin

While the Cryptocurrencies, such as Bitcoin is a form of digital money, it has been at a center of a multi-country investigation of forgery, scientists at the new Imperial College Center for Cryptocurrency Research and Engineering are exploring ways and means about how the technology can have...

Continuing Trend of M&As in Semiconductor Industry, ON Semiconductor Acquires Fairchild in $2.4 billion deal

In the latest deal in the rapidly consolidating semiconductor industry, ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc  in a $2.4 billion deal.   The news brought down the share price of Fairchild on Wednesday evening which was trading at $19.33 before...

Canadian Government to be Dragged to Court Over Granting Permission to Genetically Modified Salmon

Alleging that the process of production of genetically modified salmon eggs would risk a “huge live experiment” with the genetic makeup of all wild Atlantic salmon, a number of environmental groups are taking the Canadian government to court in an attempt to halt the process.   Genetically...

Australian Authority Rejects BP Proposal to Drill Exploration Wells in Great Australian Bight

Australia’s oil and gas regulator has rejected the proposal by Oil and Gas giant BP to drill in the Great Australian Bight.   British Petroleum had wanted permission from the Australian authorities to drill four deep-water exploration wells in the Bight from next year.   The company...

Amidst a Flurry of Bad Retail Results, Wal-Mart Announces Better than Expected Results in 3rd Quarter

Wal-Mart shares went up by 2% as investors were pleased with the better than expected results for the third quarter of the current fiscal and posted more profits than anticipated by analysts on Tuesday.     Heavy investing by the company on its people and technology were anticipated to...

Indian Times Now Came to London

The English-language leading Indian TV channel Times Now is beginning broadcasting in Britain today. Thus, the broadcaster, belonging to the media group Bennet, Coleman & Co, finally made it clear that it intends to compete with the leaders of the world's TV news - BBC, CNN and Al-Jazeera. On...

Drugmaker Mylan's $26 billion Hostile Bid Snubbed by Perrigo Shareholders

Mylan NV's $26 billion hostile bid was rejected by Perrigo Co Plc's shareholders that ended the Netherlands-based generic drug maker's seven-month pursuit of its smaller rival.   This incident ensured a victory for Perrigo Chief Executive Joseph Papa as Mylan's offer expired on Friday with...
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