Daily Management Review
Business & Finance

Swiss Bank is Going to Study Bitcoins

Swiss bank UBS study the prospects for the use of Bitcoin technology in the financial sector. This work will take a special team, which will begin in London later this month. In April 2015, the largest Swiss bank UBS in London will bring a team of experts from the financial and technology sectors....

Google to be Accused of Violating Antitrust Laws

The European Commission is preparing to propose formal charges of violating antitrust laws against the American corporation Google. According to the newspaper The Wall Street Journal, charges may be brought against the company in the coming weeks. If the authorities of the EU still bring charges...

Tesla hints at fresh non-car product launch

US-based electric car company Tesla Motors has announced that the company would unveil a major non-car product by the end of April, which has created quite a stir in its stock trade.   The futuristic company has been finding its stocks getting prime importance thanks to its potential than...

Target Plans for Canadian Exit

Target is about to abandon its expansion in Canada, in just two years of its launch in the country. Target is all set to bid farewell to Canada even much earlier than its plans. The company operates in almost 133 location across the nation which are expected to shut down permanently by middle of...

Ford’s New Plant In India – Unveils Path of opportunity

Ford Plant opened in Gujarat will almost double its production capacity in India. Ford plans for establishment of new plant worth $1 billion in India, is one of the massive investments made by the company in Asia. The aim is to expand the export from India to almost three times its present levels....

Why are US Oil companies afraid of transparency?

There is a growing trend by Governments and NGOs that CSR consist of concrete substantial steps and not just an exercise in window dressing. A consortium of US based organizations have filed a lawsuit against the U.S SEC, which is trying to bring about greater transparency in their working. 2014...

MYOB set to make largest IPO of the year in Australia

Bain capital’s accounting software firm MYOB is set to launch a $2.8 billion IPO, which will also be the largest float of the year. The US-based private equity firm is looking to raise around $700 million to $800 million through the IPO which will debut at the end of April in the stock exchange....

Pepsi garners No.2 position in US beverages market

Pepsi has outranked Diet Coke to get the much-coveted no.2 position in the beverages market share in America, according to an annual report by Beverage Digest. The country bough less soda for the tenth straight year in 2014, with diet sodas shrinking more than their sugary counterparts. The...

TPG Telecom to buy iiNet for $1.4 billion

Australian telecommunications and IT company TPG Telecom has announced that it will acquire Perth-based Internet service provider and fixed-line telecommunications company iiNet in a move that will make the combined strength of the two companies the second largest fixed-line telecommunications...

Shell to Leave Nigeria

Anglo-Dutch oil company Royal Dutch Shell has completed the sale of mineral rights in the Niger Delta to Nigerian company Aiteo Eastern E & P Co. for $ 1.7 billion, reports Bloomberg. Shell is reviewing its asset portfolio in Nigeria. In a statement, the company says that the government is...