Daily Management Review
Business & Finance

Deal Combine Oil-and-Gas Business Between GE and Baker Hughes Near Completion: Sources

On the way to creating an energy powerhouse that would give GE a cost-effective way to play any recovery in the industry, General Electric Co. is nearing a roughly $30 billion deal to combine its oil-and-gas business with Baker Highes Inc.   Sources reportedly told media that the...

Amazon, Short-Term Investors at Odds Again as they Debate Spending Vs. Profits

Amazon.com Inc was a "sell" for a lot of investors on Friday even though it may be a "buy" for the vast majority of analysts.   And few of those investors would have been disappointed, though. Amazon's stock had risen 36 percent in the past six months alone even as it fell 4.5 percent to...

Report says in 2017, Seventy-five Percent of Internet Use will be Mobile

As s a growing number of consumers around the world access the web on smartphones and tablets, seventy-five percent of internet use will be mobile in 2017, up slightly from this year.   This forecast was made by media buying agency Zenith this week.   In 2016, 71 percent of internet...

There’s More Cause for Comfort than Concern Even as US Banks Might Outperform their European Peers

The uncertainty surrounding the U.K.’s exit from the European Union has been another blow to the global banking space which has been weathering a number of storms since the start of the global financial crisis in 2008. And in addition to these, pressure is heaped on a bank's profitability by...

Deutsche Bank heads for further austerity

The leading German financial institution Deutsche Bank has unexpectedly completed the third quarter of 2016 with a profit. Over the past three months, the bank earned 278 million after taxes, dpa agency reported in Thursday, October 27, citing the bank’s message. This was significantly above...

Chinese Rising Stars Coming Up Fast; Apple Smartphone Shipments Chase Samsung:Reports

Apple is closing the gap on its rival Samsung, shows data from research firms International Data Corporation (IDC) and Strategy Analytics.   When comparing third quarter data in 2015 and 2016, the difference in market share between the two firms narrowed by 2.4 percentage points, according...

Number of fraudulent card transactions on the Internet is growing

E-commerce is developing, and scammers are trying to catch up. US online stores lose more than 7.5% of revenue on fraudulent purchases and their prevention costs, shows a study by consulting firm Javelin Strategy & Research, specializes in the payments industry. "Growing popularity of...

The ‘Biggest-Ever Semiconductor Industry Deal’ Takes Place Between Qualcomm & NXP

Qualcomm will be buying NXP for ‘$38 billion’. Qualcomm Inc. has shown consent for buying “NXP Semiconductors NV”, whereby the deal will be the “biggest-ever semiconductor industry deal” of “$38 billion”. As a result, it will expand the reach of Qualcomm’s chips ranging from “phones to cars”....

Richard Morgan: “Advising luxury goods firms on their market is a bespoke business”

The face of the world’s luxury goods sector has changed enormously over the past twenty years. Constant transformations have encouraged brands to adopt novel strategies, or even to re-invent themselves completely. In this effervescent context, it is not always easy to grasp the real issues facing those operating in the luxury and premium consumer goods sector. We asked Richard Morgan, who advises the management and shareholders of leading luxury brands, to retrace the development of a market he knows so well. He also offers some clues to understanding a sector that never ceases to surprise. Interview.

A Class Higher Than First Class Created by Delta AirA Class Higher Than First Class Created by Delta Air

A unique experiment in upgrades was unveiled by Delta Air last year. A chance to book a seat most can only dream of—on a private jet, was given by the airline for its very frequent flyers. The dream could become reality for a few hundred dollars more.   The carrier is now...
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