Daily Management Review
Business & Finance

Nissan's Production Shift Amid U.S. Tariffs: Reports

Nissan is set to reduce the production of its best-selling U.S. model, the Rogue SUV, at its Kyushu plant in Japan by 13,000 units between May and July 2025. This decision comes in response to the 25% import tariff imposed by the U.S. on foreign-built vehicles. The reduction represents over a fifth...

German steelmaker Salzgitter leaves talks on its sale with €1.1B valuation

German steel producer Salzgitter announced it will cease discussions regarding its sale with GP Guenter Papenburg and TSR Recycling, according to a statement from Salzgitter. The statement indicated that the choice is grounded in “notable differences in perspectives regarding the present and...

UAE sovereign fund Mubadala agrees to enter LNG project and US gas production

Mubadala Energy, the sovereign fund of the Abu Dhabi government, announced it has reached an agreement to acquire 24.1% stake in the firm that possesses the US shale gas operations and a proposed LNG project. Therefore, Mubadala intends to acquire 24.1% of Kimmeridge's SoTex HoldCo by financing the...

Airbus delivers 136 airplanes to customers in Q1, ahead of Boeing

The European aerospace company Airbus supplied 136 commercial aircraft to clients during the first quarter of 2025, as opposed to 142 in the same period of 2024. Nonetheless, Airbus surpassed its primary rival Boeing Co., which provided 130 aircraft to clients in the first quarter. Airbus handed...

Hershey to buy popcorn maker LesserEvil for $750 mln

U.S. chocolate manufacturer Hershey Co. is acquiring popcorn and snack producer LesserEvil. According to sources, The Wall Street Journal reported that the agreement will amount to approximately $750 million. Hershey stated in a press release that acquiring the LesserEvil brand will broaden the...

Court rejects Johnson & Johnson's plan to settle talcum-related disputes for $9 billion

Texas bankruptcy judge Christopher Lopez has dismissed a proposal from US health products manufacturer Johnson & Johnson (J&J) aimed at resolving current and future lawsuits concerning the use of talcum powder in its products, according to Barron's. The firm aimed to settle the conflicts via...

WSJ: Musk is in conflict with Apple over investment in satellite communications

The American company Apple entered in a dispute with billionaire Elon Musk, Tesla and SpaceX founder, reports The Wall Street Journal. Based on its information, Apple and SpaceX are vying to remove what are known as dead zones, that is, areas without cellular service. According to the publication,...

Novo Nordisk Secures Global Licensing Rights for Revolutionary Obesity Drug in Landmark $1 Billion Deal

Novo Nordisk has reached a major milestone in its strategic expansion by securing worldwide rights to develop, manufacture, and commercialize Lexicon’s experimental obesity drug, LX9851. This licensing deal, valued at up to $1 billion, represents a significant step forward as the Danish drugmaker...

TotalEnergies, Equinor and Shell decide to expand CO2 storage in the North Sea

TotalEnergies, Equinor, and Shell have approved the final investment decision (FID) for the second phase of the Northern Lights project, which will boost the design capacity for transportation and storage from 1.5 million to over 5 million tons of carbon dioxide (CO2) annually starting in 2028, the...

Robinhood’s Expansion into Wealth Management and Private Banking

Robinhood is redefining retail investing by expanding its services into wealth management and private banking. The move represents a significant shift from its core model of commission-free trading, bringing investment advisory and premium financial services to users with modest portfolios. With a...
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