Daily Management Review
Business & Finance

Huawei Now Has 42% Smartpohone Market Share In China

Chinese smartphone maker Huawei has a total market share of 42 per cent in its home market after the company managed to ship about 41.5 million smartphones in the third quarter. This rate of shipment also marked a 66 per cent growth year on year for the company.   Despite a general slowdown...

Airbus announces record order for A320neo

IndiGo Airlines of India placed a firm order for 300 A320neo, A321neo and A321 aircraft. Airbus press service noted that the order for 300 aircraft of the A320neo family from IndiGo is "one of the largest orders for Airbus aircraft from any one airline." After completing this order, the IndiGo...

39% Drop In Tesla Sale In Q3 In US, Shows Regulatory Filing

A regulatory filing by the United States based electric car maker Tesla showed how the company had fared in a break down of its sales by geographical area. The filing showed that the sale of the company’s cars in the United States during the third quarter had tumbled by 39 per cent which was the...

Boeing To Address 737 Max Issues That Led To Lion Air Crash As Found In Investigation Report

The damming investigation report by Indonesian investigators about the fatal Lion Air crash last October involving Boeing’s 737 Max planes has forced the largest plane maker of the world to sat that the concerns mentioned in the investigation report by Indonesia were being worked upon by the...

Fitbit up by 30% on rumors of possible takeover by Alphabet

Shares of the American manufacturer of fitness trackers and various smart fitness devices have reacted rapidly to media reports of interest from the parent company Google. The reason for this rally was a message from Reuters referring to unnamed sources that Alphabet Corporation allegedly made an...

Chinese tech stocks rise sharply after Xi Jinping's speech about blockchain

Chinese investors began to invest en masse in all the companies in the country that are somehow connected with the blockchain. It happened after on Friday, October 25, Chinese President Xi Jinping said that the government intends to actively develop this technology. As a result, the Shenzhen...

China Sales Boost Helps Jaguar Land Rover To Report A Strong Quarter

A steady and large growth in demand and sale of its vehicles in China has propelled the Indian owned British car making firm Jaguar Land Rover (JLR) to report a profit for the latest quarter. In the three months to 30 September, the British company that is now owned by India’s Tata Motors, reported...

Americans Want To Let Their Cars Worry About Driving

Survey reveals that more and more American wish to extend their homes and offices to their cars while the autonomous driving takes charge to safely drop them at their desired destination. Is the car industry ready for it? According to Reuters information nearly forty percent of adult drivers in...

Visa's net profit rises by 17% in 2018-19 fiscal year

Net profit of Visa Inc., one of the two largest bank card service companies in the world, rose by 17% year-on-year to $ 12.08 billion in fiscal year 2018-2019, ending September 30, the company said. In terms of amounts per ordinary share, the company's diluted earnings were $ 5.32, compared to $...

Tesla Pins Hope On China Growth With Its Locally Made Model 3

United States based electric car maker Tesla is eyeing to make it big in the Chinese market, the largest electric vehicles market in the world even as the company post a net income of 143 million U.S. dollars in the third quarter of 2019 on Wednesday, not only beating market expectations but also...
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