Daily Management Review
Economics

Draghi's Speech in the European Parliament Knocked Euro Down

Statements, made by Mario Draghi of the European Central Bank, have collapsed European currency. The euro has fallen to 1,069 to the dollar immediately after Draghi’s speech at the European Parliament. He said that the ECB is ready to use all possible tools, if no changes in inflationary trend to...

Apple to Expand Staff Number in Ireland

Apple Inc. decided to expand its office staff in Ireland for a thousand people, reports Reuters referring to the Irish Agency for Investment IDA. The number of employees at the office in Cork will be increased by the middle of 2017. Now the Irish subsidiary employs five thousand people. IDA noted...

Study Claims Bitcoin technology Could be Adopted by Banks by Q2 - 2016

Citing the adoption of bit coin technology for the capital markets as being a a matter of when, not if, a report claimed that the technology could come into practical use as early as next year.   The report claims that the adoption would revolutionize the industry by enabling more secure...

BDO’s Study Claims Biotech Has Become The ‘Hot’ Choice For R&D Funds

Research study shows that R&D has increasingly investing on biotech industry. BDO USA, LLP publishes its “fifth annual study” which reveals that the projects under “research and development” continues to receive growing funds as the fields of biotech has grabbed the “spotlight” from investors. The...

Industrial Production Grew in France and Italy

France and Italy recorded growth of industrial production in September - by 0.1% and 0.2%, respectively, according to the national statistical offices. Volume of industrial production in France increased by 0.1% in September 2015 compared to August, when the index rose by 1.6%, according to the...

Optimism Towards Economic Outlook Rose In The Third Quarter

The third quarters of 2015 saw an increasing optimism in the economic outlook of the U.S business leaders. There has been lot of optimism among the U.S. business leaders regarding the “economic outlook” of the country, whereby the same increased by “20 percentage points” and touched bay at net...

Navigant Research Release A New Study On Smart City Energy Market

The upcoming market for the energy resources of smart cities has become the new topic to feature in the Navigant Research report. Navigant Research publishes a new report which investigates into the “smart energy” markets for making smart cities, whereby the focus rests primarily on “the smart grid...

French Fries Come Back to Venezuela

McDonald's decided to return French Fries to menu of all restaurants in Venezuela. As reported by AP, the cost of a small portion will be $ 0,79, or 500 bolivars, according to the official rate of the National Bank of Venezuela. A large portion will cost $ 1,26, or 800 bolivars. If counted on...

Robots to Transform Global Economy in next 20 years Says Bank Report

In the next 20 years, a “robot revolution” will transform the global economy says a recent report prepared by the investment bank - Bank of America  & Merrill Lynch. The economic transformation would happen due to reduction of costs of doing business but exacerbating social inequality,...

Currency Wars would be Refrained from by Members of the Pacific Trade-Deal

On a day that the transcripts and proceedings of the Trans-Pacific Partnership were made public, the US announced that the dozen countries that signed the Trans-Pacific Partnership have committed to refrain from competitive currency devaluations and be transparent about their exchange-rate...
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