Daily Management Review
Economics

A cashless society won’t happen tomorrow

‘Do you trust cash as a mean of payment?’ Most of us have never asked ourselves this question as cash is deeply rooted in our daily lives; sometimes we use it without even noticing. Yet, behind all of our coins and banknotes there is a world of professionals who work to keep cash secure and accessible to all of us. Many of these professionals met in Paris in April to discuss the future of cash. If you believed that your banknotes were slowly disappearing, you are probably mistaken.

Apple’s Revenue Loss Influences Wall Street Index

Analysts revise their bids after the news of loss in Apple’s quarterly revenue was known. The session started on a lower note for Wall Street as one of Apple’s large share slipped down taking along the average rating of the main market. Apple’s stock came down by “7.09% to $96.97” after the volumes...

The First Quarter Proved Fruitful For Eurozone’s Economy Growth

The analysts were left behind as the Eurozone’s first quarter growth over shadowed their expectations. Eurostat’s “preliminary flash” estimation has been published on Friday, the 29th April 2016, whereby reflecting an economic growth in the “first quarter” which beat the expectation.   The...

Top-10 European countries with highest living standards

There are many European countries known for their highest standard of living not only on the continent, but also worldwide. The concept of living standards includes income, cost of living and purchasing power. According to data from the latest Glassdoor report entitled "Where Are Europe’s Highest...

‘Personal Income’ Index Rises While ‘Spending Trend’ Slips Down In The U.S.

The ‘spending’ figures and the personal income trends in the U.S. exhibit opposite movements. At the end of March 2016, the U.S. witnessed a rise in its “personal income” percentage, whereby the increment was of “0.4%”. The said figure has come up after a revision of a “downwardly” “0.1%” that came...

FTSE 100 Demonstrates Poor Performance

The sinking list of FTSE 100 casts different results on different firms. Among other index, the FTSE 100 recently exhibited poor performances which were at the verge of sinking, while Standard Chartered was counted in with the “top performers” for the investors agreed on its “ongoing turnaround”....

Reuters Poll says Fed to Hold Rates in April but Raise Again in June

A latest Reuters poll showed that economists held firm to their expectations for a rate hike in June and then another by the end of this year even as hey were of the opinion that the U.S. Federal Reserve will keep interest rates steady at its policy meeting next week.   The Fed, at its last...

UBS Maintains Its Forecasts On Standard Chartered

The Standard Chartered recovers “emerging markets-focused bank”. Following the “emerging markets-focused bank” recovery, the UBS demotes Standard Chartered “to 'sell'” which earlier maintained a “neutral” stance. The recovery was made for more than forty percent in comparison to its lows from the...

OPEC Oil Production May Not Have A Future

IEA’s Barol warns about the changing energy market trend which could lead to affect the OPEC oil industry. Governments had to balance on a delicate trade investment, on one side rested “conventional” energy sources’ market while on the other side the market for renewable sources. Investing in the...

Barclays Thinks Zoopla’s Evaluations Are Hiked Up

According to Barclays, Zoopla has over weighed itself. Zoopla’s evaluation was downgraded by Barclays, whereby the latter termed to the former “equalweight” as oppose to “overweight” evaluation status. However, Barclays also lifted “the price target to 295p from 270p” as it says Zoopla’s “core...
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