Daily Management Review
Business & Finance

China to Become the World's Largest Market for Electric Vehicles

According to the Association of Chinese automakers‘ forecasts, sales of electric cars in China will amount to 220-250 thousand this year. This will allow the Chinese market of electric vehicles to become the largest in the world, surpassing the United States, where 180 thousand EVs will be sold...

Google Optimises Its Search Facility Through Facebook Mobile ‘Deep Link’ App

Facebook teams up with Google, whereby allowing the latter to access the relevant page straight away within Facebook mobile app. From last month onwards Google has been allowed to scroll through Facebook’s mobile apps in order to index the same whereby obtaining “publicly available information”....

Ex-owner of Adidas Said He Is 'Ruined'

The French businessman Bernard Tapie is "absolutely ruined" after the court compelled him to reimburse € 404 million to the consortium of Credit Lyonnais. This he said in an interview with Le Monde French businessman Bernard Tapie, former owner of Adidas and Football Club "Olympique de Marseille",...

Best Tips from Warren Buffett for 2016

Do you want to effectively manage your money? Or make a fortune and live without worrying about finances? No one else can give a better advice than Warren Buffett, whose fortune is more than $ 72 billion, making him the third richest man in the world. In addition, he often gives sound advice about...

Russia Stuck with Miles of Abandoned Gas Pipes Worth Billions After Turkey Row

As a potent symbol of Russia falling out with Turkey, gas pipes worth 1.8 billion euros ($1.95 billion) are to be left stranded on the shores of the Black Sea.   This decision came after Russia's decision to suspend work on the Turkish Stream pipeline following the row over Turkey allegedly...

Target Agrees to Pay $39.4 Million in Settlement with Banks Over Data Breach

Paying for their late 2013 data breach as claimed by banks and credit unions, Target Corp has agreed to pay $39.4 million to resolve claims.   Lenders had sought to hold Target responsible for their costs to reimburse fraudulent charges and issue new credit and debit cards. The settlement...

Janet Yellen Brought Down Emerging Markets

Stocks and currencies in emerging markets are falling for the second day against the backdrop of the fact that the statements of the US Federal Reserve’s head Janet Yellen reinforced expectations of key rate for the first time in 10 years. Dynamics of shares of energy companies led to the fall of...

Allegations of Deceptively Collecting Student Data Refuted by Google

In a public post defending its privacy protections, Google denied accusations that it deceptively tracks and stores student data through its education services on Wednesday.   “While we appreciate the EFF’s focus on student data privacy, we are confident that our tools...

Yahoo Board to Weigh Selling off its Internet Business: Reuters

Later this week during a meeting, the Board of Yahoo would discuss the prospects of selling of its core Internet business, news agency Reuters reported. Quoting sources close to the company and familiar with the matters, the report said that the debate about the future of the company and that of...

Nokia Virtual Reality Camera to Cost $60,000 but would also be Available on Rent

While Nokia had unveiled Ozo, its high-end virtual reality camera designed to capture video and audio in full, 360-degree glory, the company announced the price of the futuristic device at $60,000.   While artists are regularly creating live-action VR content, Ozo is the kind of integrated...
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