Daily Management Review
Business & Finance

Luxurious First Class Suits for Boeing Dreamliners of British Airways to take off This Week

The Boeing 787-9 Dreamliner of the British Airways is ready to accommodate its first customers. Built to reinstate luxury, the cabins are more spacious and completely leather stitched. They are more spacious too and only 8 suits can be accommodated instead of the usual 14 in other Boeing models....

Apple vs Samsung: the Truce was Temporary

The Court of Appeal in the United States banned use a number of functions in Samsung devices, which, in the opinion of the court, violate Apple’s copyrights. In particular, those are slide-to-unlock, auto-correction and quicklinks. The judgement allows restricting sales of devices with such...

Interest Rates To Remain Steady As Per Fed’s Decision

Fed keeps the interest rates on a steady footing which caused quite a bit of movement in the global financial market. The bond values rose in the market as the stocks of developed market dropped whereby yields came down sharply which followed the citation of the U.S. Federal Reserve wherein it did...

GM to Pay $ 900 million for the Deaths of 124 People

General Motors Corp. today announced that it has reached an agreement with the US Department of Justice for the settlement of a criminal investigation related to the concealment of a defect ignition switch and misleading consumers. Under the terms of settlement, GM will pay $ 900 million for the...

In Britain, a Bar With Alcohol Air Is Gaining Popularity

A unique bar “Alcoholic Architecture” opened on the territory of the ancient monastery in London. All of its rooms are filled with dense alcoholic fog. As planned by the owners of the bar, such a form of serving will help take a fresh look at the familiar cocktails. Alcoholic Architecture’s...

General Electric Creates GE Digital, Aims to Integrate Software Center, IT Teams, Wurldtech

The GE’s Software Center, the expertise of GE’s global IT and commercial software teams, and the industrial security strength of Wurldtech would be integrated by the creation of GE Digital, announcement for which was made by the company on Monday. This move is being seen as a transformative...

Strong Start to its New iPhone, Claims Apple

With high hopes that the record of sale of the 10 million units the previous versions of iPhone logged in their first weekend last year, Apple Inc announced on Monday that the advance orders of its new iPhones were on pace to beat the record. Analysts attribute the sale of 10 million iPhones in...

$80 Million to be Paid by Credit Suisse to Settle Dark Pool Allegations: Bloomberg

Credit Suisse Group AG will have to shell out more than $80 million in order to settle allegations about it not disclosing how it operated its dark pool private share trading exchange to clients, reports Bloomberg citing a person familiar with the matter. The news agency reported that the more...

Strengthening of its Support Solution Base Primary Reason for Erricsson’s Acquisition of Envivio

In order to further improve its television and media solutions, which accounts for just over 7% of the company’s value and its revenue growth has been somewhat lacklustre over the past few years, Ericsson entered an agreement to buy video encoding company Envivio to further improve its...

Google's Clouds Partners Are Drifting Away

Google begins to lose American partners that promote the company’s cloud solutions, since the latter are no longer benefiting financially. Some companies, which have been accompanying Google from the outset of clouds’ launch the market, now are leaving the developer for Microsoft. Anonymous sources...
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