turnaround
UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM[WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last...
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround[NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load...
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a...
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines[NEW YORK] Nike is running out of time to prove its China...
Musk’s X posts higher sales amid costly turnaround
[NEW YORK] Sales at Elon Musk’s X jumped during the third quarter, but the social network is still dealing with significant costs – including from the firm’s restructuring –...
Intel shares jump as investments, cost cuts catapult turnaround efforts
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive cost-cutting measures that helped the chipmaker surpass...
Singapore 6-month T-bill cut-off yield stays flat at 1.44% after turnaround at previous auction
This is unchanged from the 1.44 per cent offered in the last six-month auction that closed on Sep 25[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill)...
China Reits make ‘significant turnaround’, with growth outpacing regional peers: Aprea
[SINGAPORE] Chinese real estate investment trusts, or C-Reits, have outpaced some of their regional peers, including Singapore’s, in the first half of this year. The performance of C-Reits this...
