Daily Management Review
Business & Finance
Chevron Resolves Reserve Shortfall by Leveraging Hess Merger and Winning Stabroek Arbitration

Chevron Resolves Reserve Shortfall by Leveraging Hess Merger and Winning Stabroek Arbitration

Chevron’s long‑awaited entry into the prolific offshore oilfields of Guyana became reality this week, as the U.S. supermajor closed its $55 billion acquisition of Hess Corporation and prevailed in a high‑stakes arbitration that cleared the way to assume a 30 percent stake in the Stabroek Block. The...
Foreign Funds Target London’s Undervalued Equities Amid Reform Drive

Foreign Funds Target London’s Undervalued Equities Amid Reform Drive

London’s equity market has long languished in the shadow of its European peers and the U.S. tech juggernaut, but a fresh wave of foreign capital is now steering toward the City’s “unloved” stocks. A combination of deeply discounted valuations, generous dividend yields, regulatory overhauls and...
U.S. Bancorp increases quarterly net income by 13.2%

U.S. Bancorp increases quarterly net income by 13.2%

U.S. Bancorp boosted its net income by 13.2% and revenue by 2% in Q2 2025, as adjusted profits rose while revenue fell just short of analysts' forecasts. From April to June, the bank recorded a net income of $1.82 billion, equivalent to $1.11 per share, compared to $1.6 billion, or $0.97 per share,...
India's GAIL to receive 1 million tons of LNG per year from Vitol for ten years

India's GAIL to receive 1 million tons of LNG per year from Vitol for ten years

GAIL (India) Limited, a top importer and supplier of natural gas in India, and commodity trader Vitol have announced a sales and purchase agreement for liquefied natural gas, securing the supply of 1 million tons annually for ten years starting in 2026, according to the companies. The agreement was...
TSMC’s Precision Play Propels Q2 Performance Past Wall Street Forecasts

TSMC’s Precision Play Propels Q2 Performance Past Wall Street Forecasts

Taiwan Semiconductor Manufacturing Company delivered another standout quarter, reporting a near‑61 percent year‑on‑year surge in net profit and revenue growth of almost 39 percent. By outpacing analysts’ consensus estimates, TSMC underscored its position at the epicenter of the global semiconductor...
Barclays fined £42m over financial crime risk assessment failures

Barclays fined £42m over financial crime risk assessment failures

The Financial Conduct Authority (FCA) in the UK has imposed a total fine of £42m ($56m) on Barclays due to two instances of inadequate financial crime risk assessments. In the first instance, Barclays did not adequately verify a potential client's history and created an account for WealthTek, a...
Geely to buy shares of electric car maker Zeekr for $2.4 billion

Geely to buy shares of electric car maker Zeekr for $2.4 billion

Geely Automobile Holdings of China will acquire all the shares of electric vehicle manufacturer Zeekr Intelligent Technology Holding Ltd. for approximately $2.4 billion. Per the companies' announcements, Geely and Zeekr have entered into a merger agreement, allowing Zeekr shareholders to either...
Meta’s AI Ambitions Drive Unprecedented Data‑Center Spending

Meta’s AI Ambitions Drive Unprecedented Data‑Center Spending

Mark Zuckerberg has unveiled an extraordinary investment plan that will see Meta Platforms deploy “hundreds of billions” of dollars to construct sprawling AI data‑center campuses. This bold commitment comes as Meta pivots from its social‑media roots toward becoming a preeminent force in artificial...
Bitcoin Soars to Unprecedented Heights on Policy, Institutional and Macro Tailwinds

Bitcoin Soars to Unprecedented Heights on Policy, Institutional and Macro Tailwinds

Bitcoin rocketed past the $120,000 mark this week, peaking at an all‑time high of $123,000, as a convergence of regulatory momentum, institutional inflows and favorable macroeconomic conditions propelled the flagship cryptocurrency to new heights. The recent surge comes amid “crypto week” in...
EC finds violations in Italy's intervention in UniCredit-Banco BPM deal

EC finds violations in Italy's intervention in UniCredit-Banco BPM deal

The European Commission has informed Italy that the stringent requirements set by the nation's authorities on UniCredit SpA's acquisition of competitor Banco BPM might breach EU regulations. In November 2024, UniCredit proposed to acquire Banco BPM, placing the bank's value at €10.1 billion. In...
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