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Vodafone is preparing to double its cost-cutting drive to £2bn as it battles against the economic slump and fierce competition and looks to hit the acquisition trail in 2012. Vittorio Colao, the mobile phone giant's chief executive, said that the original...
Tags: Vodafone Group, UK European Consumer Centre, mobile phone, cost cut, cut target, largest mobile
Its replacement cost profit between July and September was $4.98bn (£3bn), down from $10bn a year earlier. However, the results were ahead of analysts' expectations and profits were much higher than the $3.14bn BP made in the second quarter of 2009. Although...
Tags: oil price, cut target, bp profits, oil giant, quarter profits, profits halved