Daily Management Review
World & Politics

Germanwings to Pay $300 for Victims of the Crash

German insurance group Allianz rated Germanwings A320 wreck at $ 300 million. As Reuters say, disaster could cost this sum to three dozen insurance companies, who will have to pay compensation. Amount includes the cost of compensation to relatives of those killed 144 passengers, the cost of the...

Volvo plans to open $500 million US plant

Swedish car and truck company Volvo Car Group is planning to invest $500 million in the US to open its first auto factory. The car maker, bought by Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group Co. in 2010, is desperately aiming to rev up its declining sales in the US. The new plant...

Hilton Worldwide demonstrates its commitment to sustainability with adherence to Earth Hour Projects

Hiton Worldwide along with portfolio of brands and partners all over the Globe commits to Earth Hour 2015 Hilton Worldwide, a leading global company in the hospitality industry, announced today that it will collaborate, again, to help celebrate earth hour 2015. Hilton has been participating and...

Banned pesticide use continue in Australian farms

The continued usage of Methyl bromide, a banned pesticide, by the Australian Strawberry farms is increasing health concerns in the country.   As per the Montreal Protocol of United Nations in 1989, Methyl Bromide is banned as it depletes the Ozone layer. Yet, around 70 per cent of strawberry...

China's AIIB gains momentum

China’s Asian Infrastructure Investment Bank has found another ally from the developed countries in the form of Australia. The federal government of the country has yesterday announced it intends to sign a Memorandum of Understanding on the Asian Infrastructure Investment Bank - allowing...

Jordan signs $10 billion nuke energy deal with Russia

Jordan has signed a $10 billion deal with Russia to build the kingdom’s first nuclear power plant, with two 1,000-megawatt reactors in the northern part of the country. The deal was signed between Jordanian ministers and state-owned Rosatom company to facilitate the energy-poor Jordan to reduce...

Taking care of our farmers in Africa

With almost 80% of the world’s farmers still following, essentially, the same method as our forefathers some 10,000 ago. It is important to address their key vulnerabilities so as to make them resilient towards them. Yesterday’s science fiction is today’s reality. While irrigation drones,...

A marriage between economic sustainability and Spirituality

Our current path of exploiting Nature’s bounty will only ensure the end of our species on this planet. The only way to survive, as a specie is to synthesize and harmonize our needs for our existence with that of Mother Nature. As human beings, our existence on this planet, is on many levels that...

FTC urged by staff to curb Google

The Federal Trade Commission of the US has faced more questions about the way it handled the anti-trust investigation into Google now that an earlier internal report asking for stronger action against the internet giant has been revealed. The 2012 internal report of the commission, submitted by...

Citigroup to accept US court ruling against Argentina bond payments

US-based Citigroup has decided to not appeal a US judge's ruling that it cannot process an Argentine sovereign debt payment if he helps the bank exit its custody business in the default-hit country as swiftly as possible. This move, as revealed by the bank’s lawyers, will create a stir in the...
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