Intel CEO to pitch board on plans to shed assets, cut costs: source
INTEL CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board ...
Tag: Costs
Shangri-La Asia posts 28.1% fall in H1 net profit on higher operating costs
HOTEL group Shangri-La Asia posted a 28.1 per cent decline in net profit to US$94.5 million for the half-year ended ...
Australia’s ASX profit slips as regulator scrutiny drives up costs
AUSTRALIAN stock market operator ASX said annual underlying profit slipped below market expectations due to higher expenses stemming in part ...
CICT posts 2.5% rise in H1 DPU to S$0.0543 despite higher finance costs
CAPITALAND Integrated Commercial Trust (CICT) has recorded a distribution per unit (DPU) of S$0.0543 for the first half of the ...
UBS sues Bank of America for US$200 million over crisis-era mortgage costs
UBS sued Bank of America for US$200 million on Wednesday (Jul 31), saying the second-largest US bank refused to cover ...
India’s Adani Power Q1 profit down more than half as fuel costs bite
Consolidated net profit fell from 87.59 billion rupees a year earlier to 39.13 billion rupees (S$625.1 million) in the April-June ...
Lufthansa sees earnings slump in third quarter as costs rise
LUFTHANSA warned of a fall in third-quarter earnings on Wednesday (Jul 31) as the German airlines group grapples with higher ...
Intel to cut thousands of jobs to reduce costs, fund turnaround
INTEL plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings ...
Keppel Reit reports 3.4% lower H1 DPU of S$0.028 amid higher borrowing costs
KEPPEL Reit’s distribution per unit (DPU) fell by 3.4 per cent to S$0.028 for its first half-year ended June, from ...
Ford profits tumble on higher costs, hitting shares
FORD shares tumbled on Wednesday (Jul 24) after the automaker reported lower than expected profits on higher costs connected to ...
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