Chinese EV makers hit EU wall as tariffs inflate cost of imports
CHINESE automakers captured their smallest share of Europe’s electric vehicle (EV) market in eight months after new tariffs added as ...
Tag: cost
Nomura CEO to seek 28 billion yen in extra cost reductions
NOMURA Holdings will seek 28 billion yen (S$250 million) in additional cost reductions, as chief executive officer Kentaro Okuda persists ...
Manchester United posts smaller Q1 loss on cost cuts
Adjusted net loss was £349,000 (S$591,428) for the three months ended Sept 30, compared with a loss of £8.6 million ...
GP Industries back in black with 62.9% net profit boost on stronger revenue, cost controls
BATTERY maker bounced back into the black with a 62.9 per cent jump in net profit in its first half ...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped ...
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs ...
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan.The US$3 billion in targeted “structural” cost savings ...
US: Wall St opens lower after Meta, Microsoft cost warnings
WALL Street’s main indexes opened lower on Thursday (Oct 31) as warnings from Meta Platforms and Microsoft about rising AI ...
Samsung’s sudden US$122 billion wipeout shows the cost of sleeping on AI
JUST a few months ago, Samsung Electronics looked primed to benefit from the global artificial intelligence (AI) boom: profits were ...
HSBC coy on cost savings of revamp as quarterly profit tops expectations
HSBC Holdings beat third-quarter profit expectations on Tuesday (Oct 29) thanks to rising wealth and wholesale banking revenue, but kept ...