Egypt’s oil subsidy cost drops 42% in six months- official
The cost of Egypt's subsidy on oil has dropped by 42.2 percent to record 26 billion pounds (US$3.321 billion) in…
Browsing Tag
cost
JPMorgan may hold steady on cost target despite low interest rates
At JPMorgan Chase & Co's (JPM.N) annual investor day on Tuesday, one big question will be at the top of…
Volkswagen Q1 Profit jumps 17 % on European Recovery, Cost cuts
Volkswagen (VOWG_p.DE) increased operating profit in the first quarter on cost cuts and improving European auto…
Banks To See Cost Benefit
Conventional banks that fail to offer Islamic Banking services risk an exodus of customers in favour of market…
Adidas Net Profit Increases by 38% in Q1
Sports shoe company Adidas AG says first-quarter net profit rose 38 % to 289 million Euros, as strong sales in…
Schneider Electric Publishes White Paper on Data Management Software
Schneider Electric, the global specialist in energy management, has published a new White Paper on 'How Data Center…
ST-Ericsson Cuts 1,700 Jobs
Loss-making chip maker ST-Ericsson will cut 1,700 jobs and shift a key part of its product to parent STMicro as it…
Nokia Ditches Sales Chief as Smartphone Disappoints
Nokia ditched its sales chief and promised to slash more costs, as the Finnish cell phone maker runs out of time to…
SABIC’s CEO Raises Expectations for Coming Quarters
Saudi Basic Industries Corp. (SABIC) chief executive said on Tuesday that he expected good results in the coming…
Sony Misses a Standout Feature in Recovery Strategy
Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the…
