Porsche flags cost cuts as China weakness, slowing electric-vehicle shift hits profits
Luxury sportscar maker Porsche on Friday (Oct 25) warned it may cut costs after a slower-than-expected transition towards electric vehicles ...
Tag: cost
Hasbro profit beats estimates as cost cuts offset weak toy demand
HASBRO’S cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite weak consumer ...
Australia’s Fortescue record Q1 iron ore shipments marred by cost pressures
AUSTRALIA’S Fortescue, the world’s fourth-largest iron ore miner, on Thursday (Oct 24) posted a 4 per cent rise in its ...
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered ...
Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts: sources
NOKIA has laid off close to 2,000 people or about a fifth of its employee base across Greater China and ...
VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales
VIETNAMESE electric vehicle maker VinFast’s losses widened in the second quarter due to rising costs linked to its overseas expansion ...
The true cost of downtime: Businesses risk losing over $200 million annually in revenue, and customer trust
DID you know that a single downtime event can sink your stock price by up to 9 per cent, taking ...
Reflecting the true cost of deliveries is good for investors
Investors will be better appraised of what they have bought into, and will be clearer on the value proposition of ...
Opinion: Silicon Valley is maximizing profit at everyone’s expense. It doesn’t have to be this way
A public battle has broken out among the titans of Silicon Valley. One side, led by Elon Musk, PayPal co-founder ...
Qantas profit falls on cost of fixing damaged reputation
QANTAS Airways said full-year profit fell as the airline invested more to repair its battered reputation and air fares declined. Underlying ...