Daily Management Review
Business & Finance

TESCO Reported to Have Finalized Bidder for its South Korean Business Sell Off

In an attempt to cut its £22bn debts and fund a turnaround plan as it recovers from an accounting scandal, UK supermarket giant Tesco has chosen private equity firm MBK Partners as preferred bidder for its South Korean unit, Homeplus, reports Reuters.   Tesco has recently lost market share...

Tanium, The World's Hottest Cybersecurity Startup, Makes Father Son Duo Billionaires in Just 3 Years

The father and son due inventor and co-founder of Tauim, a cybersecurity startup that helps protect governments and many of the world’s largest companies including Amazon, Target, Visa, and Verizo, turned billionaires after they raised $120 million in new funding.     Following the...

Native Mobile Video Ads Support For Developers Yahoo's New Strategy to Boost Revenue

Yahoo plans to boost growth in both its topline and bottom line by enabling mobile developers integrate their native video ads into their apps as users.    This move by the search engine firm signifies that the mobile devices have become that most used devices that users employ to...

Aerospace Industry Outlook Optimistic, Fuel Price Volatility and Interest Rate Hikes Areas of Concern: Finds a Survey

The aerospace industry is well placed to perform well in the short term but the worrying factors for the industry are the looming interest rate hikes and fuel price volatility, feel executives from the industry.   This is the overwhelming outcome of a research survey by CIT Aerospace titled...

US Car Sales Hit the Gas

In August, the sales were the most active in the last ten years Against the background of lower prices for gasoline and rising consumer confidence in US, car sales in August reached the highest level in the last ten years, with the American brands sold better than usually popular Japanese. Over the...

Amazon Beats Netflix to Off-line Video Streaming and Download

User of Amazon would now be able to download television shows and movies via its streaming service to watch while offline on pretty much all mobile devices, the company announced on Tuesday.   With this announcement, Amazon, arguable world largest on-line retailer, managed to move one step...

Toyota Sale in August Drops y-o-y, Lexus Has the Best Ever Month

Sale of Toyota Motor Sales, USA decreased by 8.8 percent in August 2015 on a volume basis compared to the same period last year. The company managed to sell 224,381 units in August 2015 which is 5.3 percent lower on a daily selling rate (DSR) basis tha the same period last year. It however should...

Hotels Offer Innovative Online Products to Fight Off Dominance by Online Travel Agencies

Expedia, Travelocity, Orbitz and Priceline, the travel websites, have been able to draw travelers to find and reserve hotel rooms, flights and rental cars. Even though they had to pay hefty commission to these websites, the hotels accepted the deal as it brought in business. However...

While Other Banks Shy Away, Citi Aims to Boost Equities Franchise

In a bid to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, the Citigroup plans to rebuild its long-neglected equities franchise, reports the Reuters. The No. 3 U.S. bank by assets was placed in the lower echelons of equities...

Google's Android Wear Now Compatible with iPhone

Google announced that now Android Wear will works with the Apple iPhone. Though Google’s announcement does not confirm whether one would need an Android Wear app for iPhone but some who have tried the new apparatus from Android Wear confirm that it is necessary. The Google announcement also...
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