Daily Management Review
Economics

Lithuania Destination Of UK Fintech Because Of Brexit

With a growing number of United Kingdom linked digital financial companies getting licenses in Lithuania so that they are able to operate within the European Union due to the complexities created by the Brexit, this EU country is fast becoming a fintech hub.   According to the Invest...

Musk Says Bitcoin Seems High, Says Elon Musk Says, After It Crossed $1tn In Market Value

With the crypto currency bitcoin touching new record highs again as late as last Friday, the co-founder and chief of the United States based electric car maker Tesla is of the opinion that the current prices of bitcoin “seem high”.   He made this comment on Saturday.   This Friday, a...

US DOJ launches investigation on market manipulation after Reddit traders riot

Prosecutors have already requested information on GameStop and AMC stock trades in a criminal case of market manipulation. The Securities and Commodity Futures Trading Commission is also looking into the actions of Reddit traders with stocks and silver futures. The US Department of Justice has...

US authorities to extend financial assistance to air carriers

The US House Financial Services Committee has approved a proposal to provide another $15bn financial aid package to US airlines. This was reported by Reuters. This is the third bailout package for the airline industry, which is in serious crisis in a pandemic. The package will be included in the...

US Business Lobby Urge Biden Administration For A Digital Policy To Counter China Threat

According to industry groups and former United States officials, countering China’s growing technological power needs development of China’s growing technological power by the new Biden administration of the US.   Among the measures that the Biden administration needs to take include...

Its Planters And Corn Nuts Brands Of Kraft Heinz To Be Sold To Hormel For $3.35 Billion

Kraft Heinz Co. third largest food and beverage company in North America and the fifth-largest food and beverage company in the world, has finalised plans to divest its nuts business and will be selling off those businesses units, including most of its Planters and Corn Nuts products, to Hormel...

Latest Survey Shows 50% Of UK Exporters To EU Having Issues With New Brexit Rules

The increased red tapism and border disruption because of Brexit is causing problems for almost half of British exporters to the European Union, showed a survey that is one of the most comprehensive one since the leaving of the United Kingdom from the EU.   According to the survey carried...

Cannabis Sector In US Rises To New High As It Gains Traction Through Reddit

The recent trading frenzy at the American stock exchanges in Reddit favorites such as GameStop could be shifting towards other stocks as indicated by the stocks of cannabis companies reaching fresh highs because of a strong retail investor interest.     There was a 50 per cent jump in...

Ether’s Chance To More Out Of Bitcoin's Shadow With Futures Launch At CME

With investors seeking to take advantage of the increasing institutional interest in the evolving asset class of crypto currencies, a futures derivative of ether, the second largest crypto currency in terms of market capitalization and daily volume in the world, was launched on derivatives exchange...

Raiffeisen acquires Czech Equa bank

Raiffeisen Bank International (RBI) is buying 100% of Czech Equa bank from investment company AnaCap Financial Partners, the bank holding company said in a press release. "RBI has signed an agreement to acquire 100% of Equa bank... from AnaCap Financial Partners (AnaCap)," the statement said. It...
1 ... « 2 3 4 5 6 7 8 » ... 253