Displaying 10 out of 25 results

  1. Wells Fargo Bank branch is seen in New York

    Wells Fargo records rare profit beat as credit costs fall

    Wells Fargo & Co reported a higher quarterly profit on Friday, as stabilizing credit costs helped offset the hit from low-interest rates meant to ...
  2. FILE PHOTO: The logo of Deutsche Bank is pictured on a company's office in London

    Deutsche Bank sticks with 2022 profit target, to make deeper cost cuts

    Deutsche Bank on Wednesday said it would cut costs further as the bank confirmed a key profitability target for 2022 that is higher than some ...
  3. FILE PHOTO: Ford Motor Co. CEO Jim Farley poses next to a new 2021 Ford F-150 pickup truck at the R

    Ford’s new CEO tackles warranty costs in bid to boost profit

    Quality is once again Job One at Ford Motor Co.
  4. The Hyundai logo is seen outside a Hyundai car dealer in Golden

    Hyundai Motor, Kia Motors flag US$2.9 billion earnings hit from quality costs

    Hyundai Motor and affiliate Kia Motors said on Monday that their third-quarter earnings would reflect quality-related costs amounting to a ...
  5. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin

    Daimler to cut fixed costs by more than 20per cent in luxury drive

    Daimler on Tuesday said it will cut fixed costs, capex and research and development expenditure by more than 20per cent by 2025 compared with ...
  6. FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at one of its office bui

    TSMC warns China-US deleveraging will drive up costs

    The deleveraging of China-U.S. supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, ...
  7. FILE PHOTO: Coronavirus disease (COVID-19) outbreak in Sint-Pieters-Leeuw

    Renault's De Meo says more cost cuts may be needed: memo

    French carmaker Renault might have to dig deeper than the 2 billion euros of cost cuts it has already outlined to get back on its feet, new Chief ...
  8. FILE PHOTO: Tyson Foods brand frozen chicken wings are pictured in a grocery store freezer in the M

    Tyson Foods names new CEO as coronavirus raises costs

    Tyson Foods Inc named its president, Dean Banks, as its new chief executive on Monday as the meatpacker faces unprecedented disruptions from the ...
  9. Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks during a TV interview afte

    Daimler's second-quarter EBIT hit by coronavirus, restructuring costs

    Daimler said on Thursday it will stop building Mercedes-Benz sedans in the United States and Mexico as part of cost-cutting measures to ...
  10. FILE PHOTO: Britain's Prime Minister Boris Johnson welcomes U.S. President Donald Trump at the

    China warns UK: 'Dumping' Huawei will cost you

    China warned British Prime Minister Boris Johnson on Wednesday that his decision to ban Huawei from the 5G network would cost Britain dearly in ...