Daily Management Review
Business & Finance

Trial Against Exxon Over Charges Of Falsehood To Investors On Climate Change To Begin

American oil giant Exxon Mobil is set to face an unprecedented climate change lawsuit slated o begin in New York.   The case, which has been filed by the New York state, alleged that vital information about the potential costs of climate regulation to its business was withheld by the company...

Four US companies avoid charges of opioid crisis

According to the Wall Street Journal, four major pharmaceutical companies have come to terms with the two counties in Ohio to escape litigation on charges of fueling an opioid crisis. The fifth accused company, the Walgreens Boots Alliance (WBA), still waits to reach an agreement. Cleveland Federal...

Currency-Pegged Stablecoins Could Be Used For Libra Project, Says Facebook

Having faced with growing and severe skepticism from multiple quarters and regulators over the proposed digital currency of Facebook – Libra, the social media company said that it was ready to use cryptocurrencies based on national currencies such as the dollar in place of the earlier proposed use...

Huawei loses access to Google Apps due to US sanctions

Chinese telecommunications corporation Huawei has problems accessing Google’s applications due to US sanctions. Sources told the Financial Times that the corporation managed to find a replacement for most of the equipment they bought in the US, but so far they have not been able to find an...

News Corp Stories Will Be Delivered On A News ‘News Tab’ On Facebook

A new ‘tab’ is being planned by the social media platform Facebook which will potentially contain news and some of the stories that would be published by the company in that ‘tab’ will be supplied by News Corp, publisher of The Wall Street Journal, the leading social network has now confirmed....

Volkswagen’s September Deliveries Up 9.2% On Strong Europe Demand

Germany’s largest auto manufacturing group Volkswagen reported a growth of 9.2 per cent in the number of vehicle deliveries by it year on year for the month of September. The company reported delivering a total of 904,200 vehicles in the period even as there is a gloom in the global auto industry....

'Deep Discussion' Held Between Apple CEO And Chinese Regulator In Beijing, Says China

According to the Chinese government, a "deep discussion" about a range of issues was discussed this week held between the Apple CEO Tim Cook and China's top regulator.   It was just a few days ago that Apple pulled out the HKmap app, a real-time mapping app that was used extensively by...

Wealthy Clients Of Credit Suisse To Be Charged For Cash Deposits

Many countries of the world currently are in the negative rate environment.   Credit Suisse is one such bank that is under such a regimen. The banker has recently announced that it will no longer bear all the burden of negative rates but will pass it on to some of the richer customers who...

Telegram postpones launch of tokens for six months

Telegram Group is forced to postpone the launch of its cryptocurrency due to a temporary ban on the sale of tokens in the United States, introduced after the lawsuit was filed in court by the US Securities and Exchange Commission (SEC). Telegram has warned investors participating in its ICO that...

Interbrand rating 2019: Internet, media and luxury brands are growing more expensive

Interbrand Consulting Company published an annual ranking of the largest global brands. The top three is unchanged – these are Apple, Google and Amazon. The most significant progress was shown by Internet companies, manufacturers of media content and luxury goods. There have been few changes in the...
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