Daily Management Review
Economics

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...

UK Employers Lost 27.3 Million Days Last Year at Workplace Due to Ill Health and Injury

According the HSE's latest statistical release, an estimated 27.3 million working days were lost due to work related ill health or injury in 2014-15 in the UK.   The statistics also revealed that many workers believed that the illness they were suffering from was either caused or made worse...

Bitcoin Teaches Mankind How to Trust

The virtual currency Bitcoin has bad reputation – people do not like it for its sudden leaps and depreciations (October - November 2013, Bitcoin rose from $ 118 to $ 980, and fell by more than 50% over the next 4 months). Besides, the currency is quite popular on the black market. Meanwhile, the...

Senate Removes Obstacle After Clearing Budget Deal

Senate clears major hurdles through budget deals that gathers a 63-35 vote ratio. A major hurdle in the Senate was cleared following an “ambitious budget and debt deal” in the starting of today. Likewise, the stage is set for the Congress to create measures and “send it to President Barack Obama”....

European Banks are Waiting for Grim Years

The new leaders of the largest investment banks in Europe have warned their customers that achievement any positive results would take years. New head of Deutsche Bank John Cryan said on Thursday that following two years will be very "hard" as staff cuts, restructuring of business and technology...

Utility Apps Can Save Eight Percent Energy Consumption At Home, Says Navigant Research

Navigant Research conducts a study on energy market sector that powers residential needs, whereby it informs that utility apps have helped users to cut down on almost eight percent of energy consumption. Navigant Research in a new report looks into the market of “residential energy application”...

CEA Indexes Indicate A Slow Consumer Interest In Holiday Shopping

The data at CEA revealed that consumers are not yet spending on tech items, even though the holiday seasons have kicked in with October. Consumer Electronics Association or CEA in short, released its latest data whereby it showed that the consumers’ interest in technology has drooped in the month...

China as a Birthplace for Innovations

When people talk about China's influence on the global economy, they have in mind trade, attractive market and greedy consumption of raw materials in this country. For all of this, people often forget abour the country’s another role - an innovator. Yet, exactly here China is becoming a player who...

TruMid Discloses Its Closing Investment Rounds

TruMid reveals closing of investment rounds which gives in capital raise. New York – 26 October 2015 – TruMid has opened up “new” horizons for the CDS and corporate bond trade market, whereby it made an announcement disclosing the “closing of the majority of an investment round”. This was...
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