Daily Management Review

DMR

Don't Miss

Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

Qatari sheikh's family office to invest $8.8bn to create financial hub in Maldives 05/06/2025

Non-U.S. Filmmakers Face Steep Costs and Disrupted Plans Under Trump’s 100% Foreign-Film Tariff 05/06/2025

Economics

Business & Finance

Management

World & Politics

Science & Technology

Art & Art Market

World & Politics

UN Secretary General warns of food shortages due to COVID-19 pandemic

The novel coronavirus pandemic is threatening with a global food emergency in the world, said UN Secretary General António Guterres. According to him, it will have long-term consequences for “hundreds of millions” of children and adults. “Although there is more than enough food in the world to feed...

EU continues talks on creating economic recovery fund

The EU countries are trying to agree on the creation of an economic recovery fund in the amount of €750 billion. The European Commission has previously made such a proposal. The fund aims to provide financial support for the economic development of European countries in the long term. However,...

Nike to donate $40M to support African American communities in US

The American company Nike will donate $ 40 million to support the African American community of the United States, the company said in a statement. It is reported that the funds will be paid over the next four years on behalf of the Nike, Jordan, and Converse brands to organizations involved in...

Unemployment in Germany reaches four-year high in May

In May, the number of unemployed increased by 238 thousand to 2.875 million people in Germany, the Federal Employment Agency said. Unemployment jumped to 6.3% compared to 5.8% in the previous month. This is the highest level since December 2015. Analysts on average predicted an increase in the...

US-China trade deal at risk due to Hong Kong protest

Chinese state-owned companies have suspended purchases of American food in response to Washington’s decision to strip Hong Kong of its privileged bilateral trade status. Further development of this conflict may result in a rupture of the first part of the trade deal between the United States and...

Merkel refuses to visit G7 summit

German Chancellor Angela Merkel refused to visit the G7 summit in Washington, which US President Donald Trump proposed to hold in June. This is reported by Politico, citing sources in the White House and the government of Germany, as well as its official representative Steffen Seibert. Merkel...

Is Coronavirus Losing Potency?

Doctors in Italy find “the COVID-19 disease is different” at present. On Sunday, a senior doctor from Italy was quoted saying that the new coronavirus seems to have lost potency whereby turning “much less lethal”. The Health of the “San Raffaele Hospital in Milan”, the took the worst blow from the...

US Starts Process To Strip Hong Kong Of Special Status, Says Trump

The process of ending the special relationship between the United States and Hong Kong will soon be started by the administration of the United States President Donald Trump. The process will also include ending the special relationship on trade and law enforcement, Trump has said. However...

Study On How To Protect American Investors From Risks Of Chinese Firms To Be Done By Trump Administration

United State president Donald Trump said on Friday that ways in which Americans can be safeguarded from the risks associated with investing in Chinese companies will be studied and explored by the Trump administration. Analysts see this as a tactic of Trump to increase pressure on Chinese...

Not Playing 'By The Same Rules’ Could Be Costly For Chinese Firms Listed In The U.S.

U.S. listed Chinese companies’ non-compliance to U.S. accounting and disclosure standards poses significant risk to investors. In a move that rachets up pressure on Chinese firms which have listed in the United States, the Trump administration said, it will study ways to safeguard Americans from...