Daily Management Review
Business & Finance

Wells Fargo To Pay $575 Million To Settle Violation Of Customer Protection Laws

According to an announcement made by Iowa Attorney General Tom Miller, settlement of the allegations against the US banker Wells Fargo that it had violated the consumer protection laws of the state would be made by the bank against a payment of $575 million. This settlement is a part of...

Boeing Co Cracks A ‘$400 Million’ Defence Contract

The Pentagon confirmed the news about the names of the recipient who was awarded the recent defence deal. In a short note, Reuters reported the news of Boeing Co bagging another defence contract. The report said that the company has cracked a “U.S. defence contract” worth four hundred million...

Bankers At Goldman Sachs Could Encounter An Uncertain Q1 In 2019

The FICC may not find as much patience with Goldman if it fails to match its “cost of capital”. The three months period between the “winter solstice in the northern hemisphere” and the spring equinox could be an uncertain time for the Goldman Sachs’ bankers causing trepidation.   The review...

“Grave Concerns” About Huawei Expressed By UK Defence Minister

Grave concerns about the issue of the Chinese telecom equipment manufacturing company Huawei supplying technological equipment for the planned 5G telecoms networks in the United Kingdom was expressed by the British Defence Secretary Gavin Williamson, said a report published in the Times newspaper...

Brazil denies Total’s appeal to drill at Amazon

Brazilian authorities have denied French Total to issue a license to drill exploration wells at the mouth of the Amazon, reports EFE, citing a statement from the Brazilian Institute for Environmental Protection and Renewable Natural Resources (Ibama). “Total could not provide convincing evidence...

Increased Demand Of EV In Europe And China Raise Hopes Of SK Innovation

Resting its confidence on fast growth tin global demand for electric vehicle batteries, South Korea's SK Innovation, which supplies batteries to auto makers like Daimler and Volkswagen, plans to double its total production capacity by more than tenfold by 2022.   According to a senior...

Huawei, ZTE Equipment Could Be Banned In US By New Executive Order Under Consideration Of Trump: Reuters

U.S. companies are being contemplated of being barred from using telecommunications equipment made by China’s Huawei and ZTE by President Donald Trump, according to a Reuters report.   The report based on government sources, further states that Trump is considering passing an executive order...

Christmas sales set a new record in the US

According to MasterCard, sales of pre-Christmas sales in the United States increased by 5% over the same period last year. As experts explain, trade wars, the government shutdown and falling stock markets did not worry Americans much when wages in the country are rising, and unemployment and...

Huawei Equipment In UK’s 4G Network To Be Replaced

Equipment supplied by Chinese tech company Huawei would be removed from the core systems of communication system which is being developed to be used by the police forces and other emergency services in the UK. This was confirmed recently by British Telecom (BT).    This confirmation was...

Exxon Refuses To Answer When Guyana Marine Survey Would Resume After Venezuela Dispute

No clarity has been offered by Exxon Mobil and a seismic research company that had been hired by it for searching for oil off the coast of Guyana on Monday following halting of the work after a confrontation with the navy of Venezuela during the weekend. The oil major declined to confirm the...
1 ... « 211 212 213 214 215 216 217 » ... 399