Daily Management Review
Business & Finance

Electric Car Launch By 2020 Aimed By UK Inventor James Dyson

Work on the development of an electric car to be launched by 2020 is being conducted by the company of James Dyson, the billionaire British inventor of the bagless vacuum cleaner, the businessman said.   The expertise on solid-state battery technology and electric motors to be found in his...

In Tech Face-Off, Google Has Pulled Youtube From Echo Show Device, Says Amazon

Amazopn.com’s Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service, the company said recently in what is being described as a rare public feud between large technology companies.   Competitive tensions standing in the...

Royal Dutch Shell deepens its investment in renewables

With consumers opting for renewable energy sources and with the energy market being increasingly accomodative towards renewables, Royal Dutch Shell is strategically positioning itself to tap this burgeoning market to co-develop “models to help customers manage their energy use better”. p {...

CEFC China Energy to go ahead with its planned investment of $9.1 billion in Russia’s state owned Rosneft

With CEFC China Energy getting the go ahead from China’s top economic planner, the deal will deepen energy ties between the Russia and China. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size:...

Chinese analog of Netflix is aiming at $ 8 billion-worth IPO

iQiyi service, owned by Baidu Inc., plans to conduct an IPO in the US in 2018. When posted, the cost of the most popular in China streaming service similar to Netflix, can be estimated at more than $ 8 billion, according to Bloomberg, citing two informed sources. The company controlled by search...

IVP raises $1.5 billion in latest funding round

IVP aims to utilise the funds in high growth areas, including cloud computing, cyber security and social media markets. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk {...

Unilever’s acquisition of Carver Korea will help boost its footprint in the beauty and personal care industry in South Korea.

The deal is aimed at tapping the fast growing skincare business in South Korea. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk { font-family: "Calibri"; font-size: 11pt; }p.ctl...

Even As NAFTA Brings Other Worries, US Dairy Glut Leads To Problem Of Spilled Milk In Some Markets

Some American farmers have bene forced to spill milk because of a domestic dairy glut in the United States.   The processing capacity for milk is slower that the rate at which the U.S. national milk production is increasing. Due to competition from other beverages and because the share of...

Nestle to cut 450 jobs from its Galderma R&D center in Sophia, Antipolis

Of the 550 jobs, Nestle will trim up to 450. The company has cited a slowdown in the market for these job cuts. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk { font-family:...

In Its Latest Upmarket Shift Under Geely, Volvo Rolls Out Compact SUV

In what is the latest model in a sweeping overhaul of the carmaker’s line-up under Chinese ownership, Volvo Cars showed off its first compact SUV with the launch of its new XC40 model.   Volvo has been put on course for a fourth straight year of record sales by the success of its XC90 and...
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