News tagged with “cut”. Found:
500 tagged news reports.
Your Search Returned 500 tagged news reports
Hyundai Motor to cut 20% costs amid sales economic slump
Seoul :: South Korea | 10 months ago
Credibility
Hyundai Motor Co., South Korea's No.1 automaker, announced on Wednesday that it will cut costs by 20 percent this year due to decrease of demand amid a global economic slowdown "At a time when the global business conditions are extremely unclear, Hyundai...
Apple reports strong quarter despite economy
San Francisco :: CA :: USA | 10 months ago
Credibility Amid a deepening recession and an intensifying controversy over the health of its iconic chief executive, Apple reported strong first-quarter profits on Wednesday that beat Wall Street's expectations. Apple said robust sales of the iPhone and its MacBook...
BOJ looks at credit measures
Tōkyō :: Japan | 10 months ago
Credibility The Bank of Japan on Wednesday discussed further steps it could take to improve corporate financing toward the end of fiscal 2008 amid the global credit crunch, which is raising the cost of operating capital for Japanese firms. In a two-day policy meeting...
Tags: global economic downturn, japan, economic, global, inflation, BOJ, year, cut, recession
Electronics firm reveals workforce cuts
London :: United Kingdom | 10 months ago
Credibility Electronic components firm TT electronics is to cut 700 jobs this year from its global operations, including the UK The firm, based in Weybridge in Surrey, employs about 7,000 workers globally and has sites in a number of areas across the UK. There was...
RaboDirect opts to cut savings rate BMW may apply for state funding Airline predicts third-quarter loss Crude rebounds to post 6.8pc rise
London :: United Kingdom | 10 months ago
Credibility RaboDirect has dropped the rate it pays on personal savings from 3.45pc to 3pc. The bank, which runs an internet bank in this market, said the reduction in rates was due to last week's cut in European Central Bank rates. For business customers, RaboDirect...
Tags: oil, rise, gasoline, cut, blends, stock, gas, opec, oil prices
Ericsson to cut 5,000 jobs
Stockholm :: Sweden | 10 months ago
Credibility Swedish telecommunications giant Ericsson said Wednesday it would lay off 5,000 workers to reduce expenses. The cuts would include regular staff, temporary workers and consultant positions, CNN reported. In addition, Ericsson said it would consolidate...
Tags: cut, job, com, wireless, Sony Ericsson, phone, Ericsson Posts Lower Net, Ericsson AB, LM Ericsson, sony
Job cuts and fare cuts announced by BC Ferries
Victoria :: Canada | 10 months ago
Credibility BC Ferries has announced 35 job cuts because of declining passenger levels. (CBC) The president of BC Ferries has confirmed that the company is laying off 35 non-union staff the same day it is cutting fares with a fuel rebate on its minor routes.
Tags: cut, job cuts, job, BC Ferries
Iran denies IPI gas price cut
Tehrān :: Iran | 10 months ago
Credibility The Iranian oil minister's representative in the Peace Pipeline talks has rejected the claim of the Pakistani daily that Iran has reduced the gas transfer price to 78 percent of the crude oil price. Hojatollah Ghanimifard as saying that the two countries...
Tags: oil, pakistan, news, gas, Iran, cut, oil market, OPEC, russia
Bose chops 10% of staff
Framingham :: MA :: USA | 10 months ago
Credibility Cinotti said the job reductions would occur in "select areas, including manufacturing" and in the privately held company's Framingham headquarters...The company began in 1964, when Amar Bose, then a professor of electrical engineering at the Massachusetts...
Tags: cut, recession, job, Bose Corp.
German retailer cuts 15,000 jobs
Berlin :: Germany | 10 months ago
Credibility The cuts are a part of a plan, called Shape 2012, to increase profits by 1.5 billion euros (£1.4bn;$1.9bn) within the next three years. The company, which owns supermarkets, cash-and-carry outlets and electronics retailers, said it hopes to avoid compulsory...
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