Daily Management Review
Management

Rehn To Become The Bank of Finland’s Governor & A Member Of The ‘ECB Council’

Rehn beats nine other applicants and bags the position of the Bank of Finland’s governor. The ex-economic official of the EU, Olli Rehn, is offered the post of the Bank of Finland’s Governor from last week. The said term period lasts for “seven-year term effective from July”, as reported by the...

What’s wrong? Tesla can’t retain its top managers

While Elon Musk is trying to brush up mass production of his electric cars, top managers are leaving his company. The exodus of Tesla's executives began in February, and the other day, Matthew Schwall, who was in charge of car safety and moved to Waymo, left the company. In addition, senior vice...

C.E.O of Barclays Faces Penalty For ‘Breaching Conduct Rules’

The probe into breaking rules by Barclay’s C.E.O is a whistleblower which calls for a fine by the regulators as a punishment. The chief executive officer of Barclays, Chief Executive Jes Staley has been fined by the regulators of Britain, whereby Staley has been subjected to pay a sum of “642,430...

PWC: People are ready to pay more for a positive customer experience

Growth of the service sector’s share in the structure of global GDP has been confirmed by current consumer behavior. Although price and quality remain key factors, 73% of respondents indicate importance of client experience in making a decision to buy and maintain brand loyalty, according to a...

First Woman Appointed To The Board Of Saudi Aramco

Saudi Aramco, the largest oil company in the world, has broken traditions in Saudi Arabia by appointing woman to its board. This appointment is important because ether ear every few women in Saudi Arabia oil industry. This announcement was made by the company which is preparing to go public, on...

Head of Xerox suspected of a conflict of interest in Fuji's takeover

Billionaire Darwin Deason accused Jeff Jacobson, CEO of Xerox, that he actively negotiated a deal with Fujifilm, despite a ban on the part of the company's board of directors. According to the billionaire, the general director of Xerox sought to obtain guarantees from the representatives of Fuji...

Brexit Is Not A Major Concern Against The Global Uncertain Political Backdrop: C.E.O of Peugeot

Even though, the clouds of uncertainties loom over the trade and business scenario of Britain with the approaching hour for official Brexit; Peugeot decides to carry on its investments in its southern England plant. Following an announcement of Peugeot, the chief executive, Carlos Tavares, revealed...

Google employees are opposing partnership with Pentagon

More than 3.1 thousand employees of Google signed a collective letter. They are protesting against the company's participation in the Pentagon's program, which implies use of artificial intelligence (AI) to improve accuracy of targeting unmanned military aircraft, the newspaper The New York Times...

WPP launches an internal investigation of Martin Sorrell's activities

The world's largest advertising holding, the British company WPP, announced beginning of an investigation into the possible unlawful conduct of its permanent head Martin Sorrell. In particular, invited lawyers should check whether there are grounds for accusing Mr. Sorrell of misuse of WPP assets...

Could Zeltner Be The Next Face Of Deutsche Bank’s C.E.O?

There are reports of the Deutsche Bank’s hunt for a new chief executive in pacify the investors. Paul Achleitner, the chairman of Deutsche Bank is seeing Juerg Zeltner, the ex-head of the “wealth management business of Swiss bank UBS”, as a candidate for taking the place of C.E.O after John Cryan....
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