PwC Australia cuts hundreds of jobs in overhaul to lower costs
PWC Australia has begun a round of job cuts that will reduce headcount by more than 300 staff, part of ...
Tag: Costs
US banking sector profits drop 44% in Q4 as big firms cover failed bank costs
THE US banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms ...
NASA to discontinue US$2 billion satellite servicing project on higher costs, schedule delays
NASA said on Friday it is shutting down a more than US$2 billion project to test satellite servicing like fueling ...
Best World Q4 net profit drops 15.2% to S$40.4 million on China’s sales decline, rising distribution costs
BEST World International posted a 15.2 per cent drop in net profit to S$40.4 million for the three months ended ...
Geo Energy H2 profit falls almost 40% as finance costs hike by US$5.5 million
INDONESIAN coal producer Geo Energy Resources on Tuesday (Feb 27) reported a drop in net profit of almost 40 per ...
Gallant Venture sinks into the red on higher finance costs, loss from associated companies
INDUSTRIAL parks and resorts developer Gallant Venture posted on Monday (Feb 26) a net loss of S$16 million for the ...
US airlines hiking checked baggage fees as costs jump
UNITED Airlines on Friday (Feb 23) became the third major US airline to hike checked baggage fees for customers traveling ...
Air New Zealand eyes fare hikes as costs surge, profit slumps
AIR New Zealand said it may raise ticket prices to cover rising costs after reporting a 38 per cent slump ...
National Australia Bank’s quarterly profit falls on higher costs
NATIONAL Australia Bank on Wednesday reported a 3 per cent drop in its first-quarter cash profit compared to the quarterly ...
Barclays aims to cut costs by £2 billion in bid to boost returns
BARCLAYS said it will go on a major cost-cutting drive as part of chief executive officer CS Venkatakrishnan’s efforts to ...
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