Tag Archives: costs
Air Canada flight attendant union calls $50M cuts ‘premature’
The union representing flight attendants at Air Canada says the airline acted too quickly in moving to cut costs by $50 million in the current quarter. Continue reading
New Study Reveals Businesses Unknowingly Pass Up On Big IT Cost Savings
SANTA BARBARA, Calif., May 14, 2013 /PRNewswire/ — Despite an overwhelming effort by businesses to reduce unnecessary IT costs, many organizations miss out on big IT cost savings each year by pre… Continue reading
Rio Tinto Urges Policy Restraint Ahead of Australia Budget
Rio Tinto PLC (RIO.AU) urged Australia to resist tying up the resources sector in more red tape or introduce new revenue-raising measures, as the mining company grapples with challenges like high labor costs, weak commodity prices and opposition to expand a big coal mine. Continue reading
Rio Urges Restraint Ahead of Australia Budget
Rio Tinto PLC (RIO.AU) urged Australia to resist tying up the resources sector in more red tape or introduce new revenue-raising measures, as the mining company grapples with challenges like high labor costs, weak commodity prices and opposition to expand a big coal mine. Continue reading
Kraft’s profit beats Wall Street expectations
NEW YORK (AP) — Kraft Foods reported first-quarter results that beat Wall Street expectations as it increased sales and cut costs following its split from its global snack business. Continue reading
Xstrata Plans to Close Sinclair Nickel Mine in Australia
Xstrata PLC (XTA.LN) said it plans to close its Sinclair nickel mine in Western Australia state this month, in the latest move by a major mining company to cut costs amid soft metals prices. Continue reading
Goodyear swings to 1Q profit, beats estimate
Goodyear Tire & Rubber Co. Continue reading
Brazil’s Vale Hopes For ‘Peaceful’ Exit Of Argentina
Brazilian mining giant Vale SA (VALE) is preparing to pull out of Argentina after costs at its Rio Colorado potash project spiralled out of control and negotiations with local authorities failed to bear fruit. Continue reading
£100m ‘Wasted’ On Training Young Soldiers
It costs twice as much for the army to train a minor compared to an adult, and they’re more likely to quit, say campaign groups. Continue reading
