Boeing CEO presses turnaround as loss balloons to US$6 billion
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), calling for a “fundamental culture change” at ...
Tag: turnaround
Beng Kuang Marine strips non-core business units, pivots to asset-light model to chart turnaround
It has shuttered its ship chartering, hardware distribution and bottled water supply businessesWHEN a live cattle carrier owned by Beng ...
Flash Coffee taps ex-Foodpanda CEO in turnaround bid
AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its ...
Flash Coffee taps ex-Foodpanda CEO in turnaround bid
AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its ...
Eyeing a turnaround, Kelly Ortberg takes helm as Boeing CEO
BOEING’S new CEO Kelly Ortberg began work on Thursday (Aug 8) at the embattled aviation giant, vowing closer attention to ...
Siemens Energy raises cash flow outlook as turnaround gains momentum
SIEMENS Energy on Wednesday (Aug 7) raised its free cash flow outlook for the second time in three months, citing ...
Intel shares set for record 28% slump as turnaround struggle deepens
INTEL shares sank nearly 28 per cent on Friday and were set for their worst day ever after the company ...
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet
INTEL said on Thursday it would cut more than 15 per cent of its workforce and suspend its dividend starting ...
Seatrium marks turnaround with H1 net profit of S$36 million
OFFSHORE and marine specialist Seatrium on Friday (Aug 2) marked its turnaround with a net profit of S$36 million for ...
PayPal’s turnaround plan faces challenges from competition, analysts say
AS PAYPAL embarks on an ambitious turnaround strategy to revitalise growth after a post-pandemic slump, Wall Street analysts expressed some ...
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