Daily Management Review
Management

Stockmann Puts Up Its ‘Helsinki Book Store’ For Sale As A ‘Collateral For A New Refinancing Package’

The company starts “investigating a possible divestment” as Helsinki’s values reach record high. Stockmann, a chain of department store, has plans of selling a “well known building in Helsinki” that holds “an estimated book value of around 100 million euros”. The transaction is desired to be in...

Demand for managers will grow in Europe

Over the next five years, the European labor market will increase the demand for highly qualified specialists, especially in the field of management. This conclusion is contained in the work of the Higher School of Economics "Professional structure of labor in Europe". It takes into account the...

Balfour To ‘Pay Down Borrowing’ By The Sale Proceeds Of Its 12.5% Stake In M25 Motorway

Dalmore Capital Limited to acquire Connect Plus’ 12.5% stakes for “103 million pounds”. On Thursday, 21 December 2017, Britain based Balfour Beatty revealed its consent on selling a 12.5% stake in “Connect Plus”, the latter being the “operator of the M25 motorway”. The said sale is being made to...

SEC Guidance Used By Apple To Try And Block Climate And Rights Related Shareholder Proposals

At Apple Inc., there is a possibility that the rights of investors could get sharply restricted as the IT giant is pushing back on the proposals of shareholders related to climate issues and human rights concerns.   Apple is expected to publish a proxy early next year just before its annual...

GE to lay off 12 thousand people

General Electric Co. announced its intention to reduce 12 thousand jobs in its global energy business. The industrial conglomerate made this decision against the background of a reduction in demand for fossil fuel power stations, Reuters reports. Reductions should save the US company $ 1 billion by...

Deutsche Bank’s Aim Is ‘Not To Maximize Earnings For One Or Two Quarters’

Arriving from the brink of collapse, and aiming for a “broader restructuring” would require two to three more year for Deutsche Bank. Addressing the “Handelsblatt daily”, Deutsche Bank’s Co-Chief, Garth Ritchie informed that the task of “restructuring” the bank might last for a period of “two to...

Smoke-Free Policies Is Not Present In More Than Half Of The World's Busiest Airports

A new report claims that airline passengers and airport workers are exposed to the health risks due to secondhand smoke.   There are smoke-free indoor policies in 23 of the 50 most busy airports in the world. This essentially transforms into the fact that at the world's busiest airports,...

In A ‘Strategic Collaboration’ - GTS & BNP Paribas

In a brief announcement both the companies informed about their joint venture to improve and influence GTS’ technology and trading. On November 16, 2017, the BNP Paribas made an announcement whereby revealing about its partnership with GTS as a ‘strategic collaboration”.   The said...

Commercial Airlines Giving Competition For Business Jets For U.S. Pilots

Business jet operators are competing with U.S. airlines in North America to attract pilots even after making offers of double digit raises says, executives and market analysts.   U.S.-based aviation consultant Rolland Vincent said that airlines are receiving deliveries of new aircrafts very...

Patrick Vallance, GSK’s head of research, set to become UK’s scientific advisor

The move comes in the wake of GSK’s new Chief Executive Emma Walmsley undertaking a major overhaul of the company’s pharmaceuticals division with a focus on boosting productivity at the company. On Friday, a source familiar with the matter at hand stated, Patrick Vallance, the research and...
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