BMW says costs, low used car prices to weigh on 2024 pre-tax profit
BMW said on Wednesday (May 8) it expects a slight drop in pre-tax profit this year due to higher research ...
Tag: Costs
Tyson raises outlook as lower costs boost chicken segment
Tyson Foods raised its 2024 earnings outlook after posting second-quarter profits that beat analyst estimates amid a rebound in the ...
China’s CICC demotes senior bankers, cuts pay to slash costs
CHINA International Capital Corporation (CICC) is planning to demote some of its senior bankers and cut their pay, sources with ...
China’s CICC demotes senior bankers, cuts pay to slash costs
CHINA International Capital Corporation (CICC) is planning to demote some of its senior bankers and cut their pay, sources with ...
BNP weighing up to 150 job cuts in Geneva to slash costs
BNP Paribas is considering eliminating as many as 150 jobs in Geneva in a bid to cut costs and streamline ...
Air Canada reports bigger loss than market expectations as costs rise
Air Canada reported a bigger first-quarter loss than market expectations on Thursday (May 2), as higher operating costs tied to ...
GSK profit drops in first quarter on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said its net profit fell 23 per cent in the first quarter ...
GSK profit drops 23% in Q1 on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said that its net profit fell 23 per cent in the first ...
US: Wall St opens lower on labour costs data
Wall Street’s main indexes opened lower on Tuesday (Apr 30) after stronger-than-expected labour costs signalled persistent inflationary pressures, while caution ...
Lufthansa, Air France-KLM to cut costs after tough first quarter
Two of Europe’s top airline groups, Lufthansa and Air France-KLM, announced plans to cut costs after reporting wider first-quarter losses ...
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