Daily Management Review
Business & Finance

Cryptocurrency Transactions Prevented On WeChat Pay And AliPay In China

The large mobile payments companies in China have barred the use of and transactions related to cryptocurrencies and this move would make is harder for the proponents of cryptocurrencies to trade in them I the country.   Close monitoring to identify any transaction with crypto currencies on...

Volkswagen’s Using Hail Cannons Destroying Crops In Mexico, Allege Local Groups

There are allegations placed against German auto maker Volkswagen hat the activities of the company is ruining crops near one of its manufacturing units. It has been alleged that the company has been using a technology that is changing the local weather.   The auto maker has been accused by...

Global Online Advertising Upset By EU's New Data Law

The new data privacy regulations of the European Union have put in jeopardy a number of smaller tech firms that track people online while it has strengthened the position of tech giants like Google and Facebook with respect to the online advertising industry that is worth about $200 billion....

Bosch’ 4% Stake of Ceres In A Bid To Develop Next-Gen Fuel Cells

Bosch thinks that fuel cells that are efficient and have low emissions will prove a game changer in the energy system. Bosch, the automotive supplier from German, revealed that it will be taking 4% stake in Ceres Power Holdings of Britain, in an attempt to develop together the “next generation of...

Vivalto Sante Offers ‘455 Million Euros’ For Capio’s French Business

The deal would strengthen Capio’s position as a leader to “drive growth and shareholder value”. Capio is a healthcare company of Sweden which has plans of selling its “French business” to Vivalto Sante. The deal is said to have struck a worth up to “455 million euros”. This step is an attempt for...

New Highs Being Reached By Cannabis Shares

Since the announcement of an investment of $4 billion by Corona beer maker in the Canadian cannabis company Canopy Growth, stocks dealing with marijuana have been soaring.   The shares of Canopy Growth - Rival Cronos Group, saw prices increase by over 40 per cent last week which...

French Oil Giant Total Formally Pulls Out Of Iran Due to US Sanctions: Reports

According to a report televised on Iranian state television and quoting the oil minister of the country, a project for the development of a giant natural gas field in the country has bene abandoned by the French oil giant Total as the European company officially left Iran. This has resulted in...

$1.09bn Made By Tesla Investors Betting Against It Since Elon Musk's Tweet

Since the controversial tweet from Tesla chief Elon Musk about taking the company private and of a “secured” funding for the purpose on August 7, $1.09bn has bene made by Tesla investors by betting on a drop in the stocks.   There had been an increase of 11 at $379 per cent in the stocks of...

Profit Warning Issued By Britain's Mulberry Due To House Of Fraser Burdens

A 3 million pound ($3.8 million) hit would have to be taken by British luxury bag maker Mulberry from the shutdown of House of Fraser which added to the problems that the company has been facing in its domestic market. this was announced by the company on Monday.   21 concessions in the...

China sets to eliminate speculation in the housing market

The Ministry of Housing and Urban and Rural Development of China held a conversation with officials from five urban districts, where there was a rapid rise in housing prices, and instructed them to immediately resolve the problem of speculation. This is reported by the China Times. Conversations...
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