Daily Management Review
Business & Finance

Half a Billion Pounds on TV Adverts in UK Spent by Betting Firms Since 2012

According to new figures that show a sustained increase in the value of advertising aimed at wooing potential gamblers, betting firms have spent nearly half a billion pounds on TV adverts since 2012 in the UK.   According to the figures compiled for the Guardian by media analysts Nielsen,...

Pokémon breaks records

Pokémon Go won hearts of a little less than 21 million users in the US. Thus, the game beat Candy Crash Saga’s figure of 20 million and became the most popular game in the United States’ history. According to SurveyMonkey analytical site, Pokémon Go has become the most popular mobile game in US...

Chinese Company Midea Extends A Takeover Offer Of 76.38% Stakes To Kuka Robotics Firm Of Germany

A takeover offer of stakes comes with a limited life span. The “Midea Group Co Ltd” of China reported that on Thursday at “1600 GMT”, its takeover proposal of “Germany's Kuka” for “4.5 billion euro” has received “acceptances”, whereby Kuka’s “holding” in the robotics firm will also get boost of...

The U.S. IRS Probes Facebook For Transferring Assets As A Tax Evasion Measure

The lawsuit filed against the company can be a pressure point. Facebook Inc is being examined by the “Internal Revenue Service” of the United States which is probing into Facebook’s “transfer of various rights” to a “holding company in Ireland” from company’s “worldwide business”. The said...

The richest man in China decided to buy the oldest Hollywood studio

Dalian Wanda company, owned by China's richest man Wang Jianlin, entered into talks to buy 49% of the Hollywood film studio Paramount Pictures, according to The Wall Street Journal. Development Group Dalian Wanda, owned by China's richest man Wang Jianlin, entered into negotiations with the US...

Strong Potential for Weak Beer Seen by Big Brewers

More low and alcohol-free brews to drinkers trying to live a healthier lifestyle is planned to be served by Anheuser-Busch InBev which will soon make almost 30 percent of the world's beer.   Lower and zero strength beer will grow from a small base to make up 20 percent of its sales by the...

A380 Would not be Driven Massively into Red by Output Cut, says Airbus

The European planemaker Airbus’s group chief executive said that the A380 program would not massively be driven into the red by Airbus's decision to cut production of the world's biggest passenger jet.   Airbus hopes to return to higher levels of output in the years ahead and the company...

Google and LinkedIn to swap headquarters

Google has reached an agreement with the business social networking site LinkedIn on the exchange headquarters in the Californian city of Mountain View. It is reported by Silicon Valley Business Journal. Under the terms of the cash-strapped deal, Google receives all the territory now belonging to...

Portugal appealed LSE and Deutsche Boerse's merger

Portuguese authorities have appealed to the European Commission with a protest against the merger of the German group Deutsche Boerse and the London Stock Exchange. Finance Minister of Portugal Mario Centeno said that merger of the largest stock exchanges in Europe - the Frankfurt Stock Exchange...

Mercedes overtook BMW in the number of cars sold in the first half of 2016

For the first half of the year, Mercedes-Benz has overtaken BMW in the number of cars sold. The company's goal is to regain leadership in the segment of luxury cars, lost 11 years ago. Mercedes-Benz in the first half of 2016 has overtaken BMW in the number of vehicles sold, approaching its goal to...
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