Daily Management Review
Business & Finance

Following The ‘Biggest Industrial Software Acquisition’ Siemens’ Move To Strengthen Its ‘Automobile Business’

Siemens to buy Tass International for an “undisclosed” amount. Tass Internation is a specialist of “self-driving software”, which would be bought over by Siemens, as the “German industrial group” has shown its consent, although the agreed amount has not been disclosed yet. However the aim of this...

Saudi Aramco sparks a wave of IPOs in the Middle East

Saudi Arabia's plan for the initial placement of shares of the oil corporation Saudi Aramco forced other countries of the Middle East to pay attention to the stock markets. Three years of low energy prices forced the countries dependent on the sale of oil to pay attention to public markets as a way...

Credit Suisse Bets Its Hope On Christmas Sale & Slashes Dixons Carphone Estimates

The Suisse broker looks to benefit from the gaining momentum of the E.U. tech market. The analysts at Credit Suisse brought down their stock target price to “280p” from “400p”, as they reiterated the outperformance rating on Dixons Carphones. They stuck to their “recommendation” due to the usual...

SoftBank's 300-year plan breaks rules of the venture market

Japanese telecom giant SoftBank once again shocked markets by investing $ 4.4 billion in WeWork, an American start-up company for renting offices. As a result of such a large-scale investment, the startup’s capitalization has grown to $ 21 billion. This is not a first shocking amount that...

Crypto currencies gave a lift to the graphics processing unit market

For the first time in 20 years, deliveries of video cards in the second quarter were one third higher than in the first, according to a research firm Jon Peddie Research. In general, sales of graphics adapters are always lower in the first quarter, and distributors and retailers are selling...

As Immigration Worries Weigh On Hispanic Spending, U.S. Retailers Hit

According to community groups, research firms and retailers, worried about possible harassment by immigration or law enforcement officials since the election of U.S. President Donald Trump many U.S. Hispanics are venturing out only to buy essential goods and are cutting back on discretionary...

Angry Birds are going to IPO

Rovio Entertainment, creator of one of the most popular mobile games Angry Birds, can enter the stock exchange in the coming weeks. The developer hopes to attract about $ 400 million on the Finnish exchange during the IPO, due to which its market capitalization will amount to $ 2 billion. Nowadays,...

AT&T Thinks Of Selling Its ‘Digital Life’ Unit Of Home Security Under ‘Debt Load’

Waning revenue and the pressure of paying debt sets AT&T on the road to divestiture. The AT&T Inc. is considering to sell its “Digital Life home security business” for paying its debt after the “planned $85.4 billion acquisition of Time Warner Inc”. If the sale takes place, AT&T would move...

To Boost Value, Fiat Weighs Maserati, Parts Spinoffs

In a plan that includes spinning off the upscale Maserati and Alfa Romeo brands as well as its components operations, Fiat Chrysler Automobiles NV is considering various options, if reports in the media are to be believed.   With the aim to make Fiat Chrysler more attractive for a potential...

Voice-Shopping Market Via Google Platform To Be Entered By Wal-Mart

A market and technology segment that is currently dominated by Amazon.com Inc will see another big player entering the segment as Wal-Mart Stores Inc teams up with Alphabet Inc's Google to enter this nascent voice-shopping market. And this development would add another front to Wal-Mart's battle...
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