Culture
Air New Zealand warns of first-half loss as weak bookings and rising costs bite
AIR New Zealand on Wednesday warned it would report a first-half loss after soft local economic conditions dented expectations for a…
Tag
costs
Culture
S-Reits expected to deliver stable Q3 earnings on easing debt costs
More Singapore-listed real estate investment trusts are expected to deliver year-on-year DPU growth helped by a decline in average…
Culture
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
Culture
PC Partner proposes delisting from Hong Kong to strengthen operations, lower costs
This will leave the company with just its primary listing on the Singapore Exchange Electronic company PC Partner Group has proposed a…
Culture
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly…
Culture
AI driving efficiency up and costs down at creative agencies: advertising mogul Martin Sorrell
Artificial intelligence (AI) is sweeping across the advertising and marketing industry – and challenging the traditional agency model…
Culture
IHH Healthcare Q2 net profit falls 28.9% on higher staff costs
Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second…
News
Trump’s Tariffs Could Damage a Key Alliance—and Spike Your Drug Costs
In addition, the tariffs seem selective. China, the other major buyer of Russian oil, has faced no equivalent penalties. Why pick on India…
Culture
Starbucks throttles operations at US coffee plants to curb costs
The Starbucks plants that roast and package the company’s coffee beans in the US are cutting two days of weekly production as part of…
Business
As Everest costs go up, Nepal just made it free to climb nearly 100 other mountains
Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations, plus the latest in aviation, food and drink,…
Culture
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
News
Scott Bessent Finally Admits the Truth About Trump’s Tariff Costs
The New York Timesreported Wednesday that Cuomo “spoke about the race directly” with the president in recent weeks. Though it’s not clear…
Culture
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…
Culture
HKMA to cut costs, freeze hiring as city battles deficit: report
Hong Kong’s de-facto central bank is planning to cut costs next year, according to a local news report, as the city takes steps to reduce…
Culture
VW cuts outlook after US tariffs added 1.3 billion euros in costs
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings…
Culture
Stellantis expects US$2.7 billion first half loss as restructuring costs, US tariffs hit
Stellantis said on Monday (Jul 21) it expected the hit from restructuring costs and the initial impact of US tariffs to have pushed the…
Culture
BHP delays Jansen potash project as costs surge; logs record copper output
BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the…
Culture
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer…
Culture
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Culture
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus,…
Culture
ArcelorMittal drops plans for green steel in Germany due to high energy costs
ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to…
Culture
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Culture
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Culture
Asean power grid could unlock 25 GW of renewable capacity, lowering Singapore’s electricity costs: Rystad Energy
A regional power grid that allows for electricity trade between Asean nations, if fully realised, could unlock up to 25 gigawatts (GW) of…