Cost
Nomura CEO to seek 28 billion yen in extra cost reductions
NOMURA Holdings will seek 28 billion yen (S$250 million) in additional cost reductions, as chief executive officer Kentaro Okuda persists with his overhaul to boost profit. The Tokyo-based firm...
Manchester United posts smaller Q1 loss on cost cuts
Adjusted net loss was £349,000 (S$591,428) for the three months ended Sept 30, compared with a loss of £8.6 million a year earlierManchester United on Tuesday (Nov 26) reported...
GP Industries back in black with 62.9% net profit boost on stronger revenue, cost controls
BATTERY maker bounced back into the black with a 62.9 per cent jump in net profit in its first half of FY2025, driven by revenue growth and tighter cost...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales...
How one of the tiniest oil markets cost Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan.The US$3 billion in targeted “structural” cost savings will come from asset sales, the use of new...
US: Wall St opens lower after Meta, Microsoft cost warnings
WALL Street’s main indexes opened lower on Thursday (Oct 31) as warnings from Meta Platforms and Microsoft about rising AI costs sobered some of the buzz around megacap stocks,...
