Daily Management Review
Management

Foxconn’s Head of Chip Unit To Succeed Gou As Chairman

Young Liu to occupy the chairman post in Foxconn, while the experienced Gou is likely to guide from the background, especially in strategic issues. Foxconn is the “largest contract manufacturer” of the world which has prepared to give out the nominations to “succeed Terry Gou” as the company’s...

Failed Merger Talks Revealed Rift Between Commezbank and Deutsche Bank

Commerzbank and Deutsche Bank present different stories for failed merger talks. On Friday, April 26, 2019, Commerzbank and Deutsche Bank, both presented accounts regarding the initiator of “merger talks” which differed from each other, whereby revealing a rift between them which comes on the...

Bramson Renews His Plea To Investors For Joining Barclay’s Board

Barclays board needs to adopt a “more realistic and shareholder orientated” strategy. On last Monday, Edward Bramson issued a “fresh plea” to the investors of Barclays requesting them for a seat on its board for himself, while a “war of words between his fund and the lender’s management ratchets...

User Data Kept On Amazon's Servers, Which Were Exposed. Removed By Facebook

Following the discovery of millions of exposed records at the Amazon.com Inc’s cloud servers by cybersecurity firm UpGuard, Facebook has said that it has removed public databases containing its user data form Amazon’s cloud servers.    On Wednesday, the  Cyber Risk team of UpGuard...

Head of Maersk Energy Division to step down

Deputy CEO of A.P. Moller-Maersk and Head of the energy division of the company Claus V. Hemmingsen will step down his post and leave the company as part of the restructuring, Maersk said in a statement. "At the end of June 2019, Claus Hemmingsen will leave the post of Deputy General Director of AP...

Ghosn’s Arrest Allegedly Devised Nissan Executives To Kill Renault Merger

A number of executive of Nissan Motors did not want the merger of the Japanese automaker with its French counterpart Renault and had therefore planned to take measures to kill the possibility of the deal by taking steps against the former Chairman of Nissan Carlos Ghosn who had been consequently...

App Offering Advise On 'Recovery From Same-Sex Attraction' Removed By Google

Following a public outcry, Google has removed an application that gave suggestions to people on 'recovery from same-sex attraction' from its Play store.   Google was suspended from a list of gay and transgender rights ranking by a one of the United States' top LGBTQ charities because of the...

Strategic Partnership Over ‘Industry Cloud’ Binds Volkswagen & Amazon

Reports reveal that the German auto-makers and the U.S. retail giant have come together with a strategic agenda, details of which to follow. Volkswagen, the auto manufacturer of Germany have entered into an agreement with Amazon.com, whereby the duo is set to explore their “strategic partnership”...

Renault and Nissan In A Restructured Board Alliance

The auto manufacturers attempt to avoid power concentration. On Tuesday, March 12, 2019, Nissan Motor Co. of Japan along with Renault SA of France revealed their alliance in the light of a “new board structure” whereby the Chairman of Renault will also be serving as a director in Nissan.  ...

Rothschild To Manage Herta’s Sales For Nestle

The packaged food giant has got Herta on board to manage its packaged meat sale. Nestle, the giant of packaged food, has employed “bankers at Rothschild” for selling its “packaged meat” Herta, revealed “two sources” who are in the know of the development. The directive has come after an...
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