Topic filter : Profit

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Socially Most Trending News

. Peer-to-peer money sending firm TransferWise has become profitable this calendar year, six years after being founded. ... [Read full article on BBC ]
Tuesday 16th of May 2017 10:01:20 PM
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....“We’re a money-losing company,” Musk added. “This is not some situation where, for example, we are just greedy capitalists who decided to skimp on safety in order to have more profits and dividends and that kind of thing. ... [Read full article on Guardian ]
Thursday 18th of May 2017 07:00:19 AM
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....He said it was "difficult to come up with something truly revolutionary", but he expected their new device to have a bigger screen. Apple said quarterly profits were $11bn worldwide, up 4. ... [Read full article on BBC ]
Tuesday 2nd of May 2017 09:23:51 PM
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. Aston Martin has posted a first-quarter profit for the first time in a decade, the sports car maker said. ... [Read full article on BBC ]
Wednesday 24th of May 2017 03:56:30 PM
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.... The NHS has not yet revealed what steps it took. The malware has not proved hugely profitable for its owners so far. ... [Read full article on BBC ]
Sunday 14th of May 2017 09:44:03 PM
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....Alice Bentinck, the founder of Entrepreneur First, a investment programme for start-ups, received the Veuve Clicquot New Generation Award. Ms Bentinck has supported graduates and set up a not-for-profit computer coding course for young women. ... [Read full article on BBC ]
Tuesday 9th of May 2017 08:22:18 PM
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....Mick Rix, GMB national officer for aviation said: "BA made hundreds of dedicated and loyal IT staff redundant and outsourced the work to India. BA have made substantial profits in for a number of years, and many viewed the company's actions as just plain greedy". ... [Read full article on BBC ]
Sunday 28th of May 2017 10:59:40 AM
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.... . Sales and profits slipped at Boeing last year, mainly due to lower deliveries of its military aircraft. ... [Read full article on BBC ]
Thursday 11th of May 2017 04:41:43 AM
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.... And thus, ingloriously, a continent got its oil industry. The North Sea has been profitably drilled ever since, with exploration rights shared between its bordering countries, Norway, Denmark and the United Kingdom. ... [Read full article on Guardian ]
Tuesday 2nd of May 2017 04:30:18 AM
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....Geely, which also owns the London Taxi Company and Sweden's Volvo Car Group, will take a 51% stake in Lotus. Jean-Marc Gales, who became Lotus chief executive in 2014, has been trying to return the Norwich-based company to consistent profit after two decades in the red. ... [Read full article on BBC ]
Wednesday 24th of May 2017 11:28:43 AM
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....The turnaround has not been without pain. About 57,000 jobs have been cut at Lloyds as it returned to profitability. ... [Read full article on BBC ]
Tuesday 16th of May 2017 04:54:38 PM
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.... . In January, BT was forced to write down the value of its Italian unit after years of overstating profits. ... [Read full article on BBC ]
Thursday 11th of May 2017 06:30:14 AM
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. Facebook's profits have jumped in the first three months of the year, as the social network closes in on two billion users, according to its latest results. ... [Read full article on BBC ]
Wednesday 3rd of May 2017 09:35:28 PM
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....HSBC has been hiring more staff to fight financial crime in an attempt to overcome a series of scandals which have plagued it in recent years. Britain’s biggest bank said its spending on “regulatory programmes and compliance” rose 12% to $800m (£620m) in the first three months of 2017 as it announced a 19% fall in first-quarter profits to £3. ... [Read full article on Guardian ]
Thursday 4th of May 2017 05:55:16 AM
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.... About the only incentive they have not tried is a bogof [buy one, get one free]. ” The developer behind the giant Battersea Power Station development of 4,360 apartments in south London last week slashed its profit forecasts amid rising costs and wider economic uncertainty. ... [Read full article on Guardian ]
Wednesday 3rd of May 2017 06:10:32 PM
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....In February, chief executive Ross McEwan ordered a £2bn four-year cost-cutting drive involving job losses and branch closures. Last month the bank, which is 72%-owned by the UK government, posted its first quarterly profit since Sept 2015. ... [Read full article on BBC ]
Tuesday 9th of May 2017 12:53:52 PM
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....Yet both have put these corporate disasters behind them. VW has just seen its pretax profits rise 44. ... [Read full article on BBC ]
Saturday 6th of May 2017 11:46:31 PM
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....Why are Nike and Adidas abandoning golf?. Adidas does not report the profitability of the golf unit, which sits in a bigger division called Other Businesses. ... [Read full article on BBC ]
Thursday 11th of May 2017 07:22:31 AM
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. Diageo has been ordered to pay £107m by the UK tax authority as part of a long-running investigation into moving profit between its global businesses. ... [Read full article on BBC ]
Wednesday 10th of May 2017 04:49:21 PM
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.... Furthermore, a focus on the book as object of desire has been central to his turnaround of Waterstones. This has not only seen the firm return to profit, but has made the shops, once dim grey halls of cheap paperbacks, ziggurats of three for twos and mountains of celebrity cookbooks, things of beauty in themselves, as cleverly curated and carefully atmospheric as Daunt’s eponymous London bookshops. ... [Read full article on Guardian ]
Sunday 14th of May 2017 07:00:10 AM
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....Often described as "a jewel in the UK's industrial crown", Rolls-Royce makes engines for military and civil planes, as well as for trains, ships, nuclear submarines and power stations. But in addition to the corruption claims, the company has been hit by a string of profit warnings that sparked a tumble in the share price in the past couple of years. ... [Read full article on BBC ]
Thursday 4th of May 2017 08:31:07 AM
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.... Renting bed spaces, I had already heard from a number of sources, is becoming more common, with bunk beds visible in the front rooms of nearby terraces. While we sat having a coffee, Dick explained this was partly down to the increasingly common – and highly profitable – practice of what is known as “rent to rent”. ... [Read full article on Guardian ]
Thursday 25th of May 2017 04:30:19 AM
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....". In the report by the Work and Pensions Committee, chairman Frank Field said companies were "avoiding all their responsibilities" in order to profit from "bogus self-employed designation". ... [Read full article on BBC ]
Sunday 30th of April 2017 11:00:07 PM
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....6m. Despite the upbeat picture, the shares fell almost 5% as the management team, led by chief executive Euan Sutherland, juggles higher sourcing costs (in common with other retailers, SuperGroup sources its clothing in dollars) and the runaway growth of its wholesale business, which has lower profit margins than retail. ... [Read full article on Guardian ]
Thursday 11th of May 2017 04:39:17 PM
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....She holds a degree in Business Economics, started her career in banking and has already served on three different boards. Yet the sole reason Allbright, the non-profit company she manages, exists is to expose the limitations in career opportunities for women in Sweden. ... [Read full article on BBC ]
Sunday 21st of May 2017 12:04:00 AM
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....The firm earlier said it had replaced chief executive, Mark Fields, following a major reshuffle at the US car giant. His departure comes as Ford faces weak sales, falling profits and a near-40% decline in its share price since Mr Fields took up his role in 2014. ... [Read full article on BBC ]
Monday 22nd of May 2017 07:20:07 AM
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....The headline numbers look awful. Pre-tax profits nose-diving by nearly two thirds to £176m. ... [Read full article on BBC ]
Wednesday 24th of May 2017 06:30:53 AM
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....Marks & Spencer will report a fresh slump in clothing sales on Wednesday after a revival at Christmas proved short-lived. The disappointing finish to the year will be revealed alongside a sharp fall in annual profits. ... [Read full article on Guardian ]
Sunday 21st of May 2017 10:16:45 AM
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.... BA in 2016 made hundreds of dedicated and loyal IT staff redundant and outsourced the work to India. BA have made substantial profits in for a number of years, and many viewed the company’s actions as just plain greedy. ... [Read full article on Guardian ]
Sunday 28th of May 2017 06:35:55 PM
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....The Coventry-based company said growth was driven by demand for newer models such as the Jaguar F-Pace SUV, as well as more established models. “These solid results demonstrate the appeal of our products and our ability to deliver strong, profitable and sustainable growth,” said Ralf Speth, chief executive. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 06:31:15 PM
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Latest Finance News related to Profit

Ryanair expects lower fares but reports record profits image
Source : BBC [Read Article] Tuesday 30th of May 2017 06:08:03 AM
.... In the previous financial year they fell by 13%. Despite the weaker pricing, Ryanair reported a record net profit of 1. ...
Couriers on Britain's shopping addiction: 'Customers don't care as long as it's cheap' image
....This growing torrent of parcels is heartening news for the delivery giants. Hermes, ultimately owned by 73-year-old German billionaire Michael Otto and family, turned a profit of £27m in the UK last year using almost entirely self-employed couriers. ...
Whole Foods represents the failures of 'conscious capitalism' | Nicole Aschoff image
.... But Whole Foods was supposed to be different. John Mackey, the company’s chief executive, has long argued that Whole Foods is wired differently — that it runs on a “conscious capitalism” model that outsmarts the competitive pressures of our for-profit system through creativity and innovation. ...
The Crusader: Insurance sleuthing finds forgotten cash image
Source : Daily Express [Read Article] Monday 29th of May 2017 01:00:00 PM
.... . A year ago we helped with the quest of Edmund and Mary Pink as they tried to trace three with-profits investments Edmund had taken out with London and Manchester in the 1980s. ...
British Airways could face £100m compensation bill over IT meltdown image
.... BA in 2016 made hundreds of dedicated and loyal IT staff redundant and outsourced the work to India. BA have made substantial profits in for a number of years, and many viewed the company’s actions as just plain greedy. ...
Edinburgh Woollen Mill acquires Jaeger brand in plan for new chain image
Source : Guardian [Read Article] Sunday 28th of May 2017 04:46:27 PM
....Private equity firm Better Capital put the business up for sale after struggling for several years to revive Jaeger. In the brand’s heyday, its clothes were worn by Audrey Hepburn and Marilyn Monroe but recently it has struggled to turn a profit amid heavy competition. ...
Five questions for BA  image
Source : BBC [Read Article] Sunday 28th of May 2017 10:59:40 AM
....Mick Rix, GMB national officer for aviation said: "BA made hundreds of dedicated and loyal IT staff redundant and outsourced the work to India. BA have made substantial profits in for a number of years, and many viewed the company's actions as just plain greedy". ...
Ford faces lots of bumps in the road to a world of driverless cars image
Source : Guardian [Read Article] Sunday 28th of May 2017 06:00:02 AM
....With consumers now facing a cash squeeze, clothing and food retailers cannot afford to miss a step. M&S must up its game, moving away from former boss Marc Bolland’s focus on increasing profit margins towards giving shoppers a better deal on quality, style and price. ...
Serious Fraud Office warns of £120m pension scam image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
....Storage units on UK industrial estates might not have the exotic allure of hotel rooms in the Caribbean and palm oil plantations in Asia, but perhaps that was their selling point. Marketing tended to highlight how this was a profitable and growing industry. ...
Student housing tempts wealthy investors image
Source : Guardian [Read Article] Friday 26th of May 2017 05:08:32 PM
....Knight Frank’s research shows that more than a fifth of students are now prepared to pay more than £160 per week if the facilities impress them. The profits available to investors have increased as providers have raised rents in return for more hotel-style facilities. ...
US growth rate revised up to 1.2% image
Source : BBC [Read Article] Friday 26th of May 2017 01:36:45 PM
....Friday's report from the US Commerce Department said there was sluggish investment in business inventories and a $40. 3bn fall in corporate profits, as compared to an $11. ...
Frankie & Benny's owner sees shares jump image
Source : BBC [Read Article] Friday 26th of May 2017 09:58:18 AM
.... . Restaurant Group, which owns almost 500 restaurants and pubs across the UK, has been trying to turn itself around after profits and sales dived last year. ...
Trapped in debt image
Source : BBC [Read Article] Thursday 25th of May 2017 11:21:21 PM
.... . And when some of that money borrowed has been seemingly squandered on infrastructure that shows no sign of turning a profit, that is even more damaging. ...
Amazon's newest bricks and mortar store opens in New York image
Source : BBC [Read Article] Thursday 25th of May 2017 10:02:32 PM
...." . Ms Cast wouldn't say whether the shops are profitable or how many more stores Amazon might be contemplating. ...
Paradise in the Med image
Source : BBC [Read Article] Thursday 25th of May 2017 09:54:43 PM
.... And they come at the tail end of a bitter election campaign that has seen the island's Labour government fending off serious claims of corruption, ahead of a vote on 3 June. Malta operates a tax system where companies pay the lowest tax on profits in the EU. ...
Electric bikes help power cycle sales at Halfords image
Source : Guardian [Read Article] Thursday 25th of May 2017 05:38:37 PM
.... E-bikes now make up 4% of the chain’s total bike sales. However, the retailer’s underlying profits still fell 7. ...
Oil price falls despite deal to extend output cut image
Source : BBC [Read Article] Thursday 25th of May 2017 03:28:00 PM
.... . Cutting production creates a space in the market that shale producers can step into and higher prices make them more profitable. ...
Ancestry.com denies exploiting users' DNA image
Source : BBC [Read Article] Thursday 25th of May 2017 03:19:32 PM
....Ancestry told BBC Radio 4's You and Yours its terms were being changed. Headquartered in Utah, Ancestry is among the world's largest for-profit genealogy firms, with a DNA testing service available in more than 30 countries. ...
UK gamblers lose record £13.8bn as industry braces for FOBT crackdown image
....But the Campaign for Fairer Gambling said the machines were a net drain on the economy. “The bizarre experiment to allow high stakes, high speed roulette in betting shops is delivering huge profits for the bookmakers at the expense of an even greater cost to society and the economy,” said a spokesperson. ...
FTSE ends flat as Wizz Air takes off image
Source : BBC [Read Article] Thursday 25th of May 2017 08:01:17 AM
....3% after reporting a 19% rise in passenger numbers and 10% increase in revenues. The Budapest-based carrier also said it had enjoyed a strong start to the current financial year, and forecast group net profit would be between 250m and 270m euros. ...
Fever-Tree co-founder makes £73m from selling shares image
Source : Guardian [Read Article] Thursday 25th of May 2017 07:58:04 AM
.... And premium gins demand to be mixed with premium tonics. Fever-Tree has ridden the crest of this alcoholic wave like no other company, reporting pre-tax profits last year that more than doubled to £34. ...
Halfords profits hit by weak pound image
Source : BBC [Read Article] Thursday 25th of May 2017 07:13:06 AM
. Annual profits at Halfords have been hit by the weak pound despite a strong rise in sales. ...
Aston Martin roars back into profit as DB11 revs up sales image
Source : Guardian [Read Article] Wednesday 24th of May 2017 05:41:58 PM
....Its popularity boosted car sales by 75%, doubled revenues to £188m and turned the £30m loss suffered in the first quarter of last year into a £5. 9m profit before tax. ...
Aston Martin roars back into profit for the first quarter image
Source : BBC [Read Article] Wednesday 24th of May 2017 03:56:30 PM
. Aston Martin has posted a first-quarter profit for the first time in a decade, the sports car maker said. ...
Is M&S being radical enough as it slips out of fashion? | Nils Pratley image
Source : Guardian [Read Article] Wednesday 24th of May 2017 01:40:53 PM
....After a decade of modernisation programmes under former chief executives Stuart Rose and Marc Bolland – and another five years in prospect under Steve Rowe – poor old M&S shareholders must be crying out for a proven outsider’s analysis of where it’s all leading, and how quickly. Since 2012, M&S has clocked up an astonishing £890m in “adjustments to reported profit”, of which the latest £437m is the biggest contributor. ...
Nintendo's share price hits seven-year high as Switch sales soar image
Source : Guardian [Read Article] Wednesday 24th of May 2017 01:29:39 PM
....Now Nintendo, which has struggled to compete in the games console market as Sony’s PlayStation and Microsoft’s Xbox dominate, has a hit on its hands. Last month, Nintendo said it expected its new Switch console, which it launched on 3 March, to end an eight-year sales decline and double annual operating profit. ...
Tiffany fails to sparkle as sales keep sliding image
Source : BBC [Read Article] Wednesday 24th of May 2017 12:53:20 PM
....6m (£694m), but that was also short of analysts' forecasts. Net profit for the quarter rose $5. ...
Thousands of protesters brand McDonald's the 'Trump of corporations' image
Source : Guardian [Read Article] Wednesday 24th of May 2017 12:26:03 PM
.... Now I see a repeat of it with me and my three little girls and my fiance. We’re working hard every day, I’m working for a very profitable company, and I’m still not being able to provide for my family. ...
British sports car maker Lotus bought by China's Geely image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:28:43 AM
....Geely, which also owns the London Taxi Company and Sweden's Volvo Car Group, will take a 51% stake in Lotus. Jean-Marc Gales, who became Lotus chief executive in 2014, has been trying to return the Norwich-based company to consistent profit after two decades in the red. ...
Dixons Carphone says consumers keep spending image
Source : BBC [Read Article] Wednesday 24th of May 2017 08:16:44 AM
....It enjoyed strong growth in southern Europe, particularly at its Kotsovolos chain in Greece. Dixons now expected annual pre-tax profits to be between £485m to £490m. ...
Weak French sales and restructuring costs hit Kingfisher image
Source : BBC [Read Article] Wednesday 24th of May 2017 07:07:30 AM
....86bn. In January 2016 Kingfisher chief executive Veronique Laury announced a five-year plan that aimed to increase profits by £500m. ...
Jaguar Land Rover posts record sales thanks to demand in China and US image
....The Coventry-based company said growth was driven by demand for newer models such as the Jaguar F-Pace SUV, as well as more established models. “These solid results demonstrate the appeal of our products and our ability to deliver strong, profitable and sustainable growth,” said Ralf Speth, chief executive. ...
Jaeger suppliers owed millions consider legal action against ex-owners image
....Jaeger was owned by Jon Moulton’s private equity firm Better Capital for five years. In its heyday, Jaeger dressed Audrey Hepburn and Marilyn Monroe but more recently it had struggled to turn a profit on a competitive high street. ...
The economy is stagnant because people fear for the future | Robert Shiller image
.... Most of these stories are about economic variables. In 1933, at the very bottom of the depression, record highs were reported for oil production; wheat, gold and commodity-exchange-seat prices; cigarette consumption; postal deposits; sales or profits of individual companies; and so forth. ...
Retailers sag as FTSE 100 slides image
Source : BBC [Read Article] Tuesday 23rd of May 2017 08:04:48 AM
....Severn Trent shares rose 1. 8% after it said underlying pre-tax profits rose 4. ...
Nationwide profits hit by low interest rates image
Source : BBC [Read Article] Tuesday 23rd of May 2017 07:20:53 AM
....Profits have fallen at Nationwide after the building society sought to protect savers from the impact of last year's interest rate cut. Statutory pre-tax profits for the year to March to £1. ...
John Lewis-backed credit union bids to fend off payday lenders image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 06:30:45 AM
....John Lewis and Debenhams are among the high street names backing a new credit union for the retail sector, officially launching today, which aims to help shop workers “avoid the clutches” of payday lenders. Another supporter is former Dragons’ Den star Theo Paphitis, who once again got to say “I’m in”, after revealing that he and his companies have invested a six-figure sum in the not-for-profit enterprise. ...
Ford names Jim Hackett as new CEO in push to build self-driving cars image
....He and Hackett also emphasised the need to make decisions faster, with Ford Jr hinting at more centralised control as he referred to “breaking the hierarchy down”. Despite posting a pre-tax profit of $10. ...
Could citizens’ wealth funds halt the dominance of the financial elite? image
....Part of the finance could come from the revenue from natural resource exploitation – from minerals (including shale gas) and land to the licencing of the airways. Other sources could include occasional one-off taxes (paid in shares) on windfall profits, and a direct charge on those financial and commercial transactions – such as merger and acquisition activity – which redistribute corporate wealth upwards. ...
Ford chairman denies that he fired chief executive image
Source : BBC [Read Article] Monday 22nd of May 2017 07:20:07 AM
....The firm earlier said it had replaced chief executive, Mark Fields, following a major reshuffle at the US car giant. His departure comes as Ford faces weak sales, falling profits and a near-40% decline in its share price since Mr Fields took up his role in 2014. ...
War Machine: let battle commence in Netflix assault on cinema image
Source : Guardian [Read Article] Sunday 21st of May 2017 02:00:07 PM
.... While the US military that War Machine depicts seems incapable of changing course once set, the film industry has become anxiously reactive to changing viewer habits. These attempts to keep box-office receipts profitable by second-guessing audience tastes have caused problems for film-makers. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
. The case for profitable ethical investing has been bolstered by the Church Commissioners for England, as the fund announced divine returns on its financial portfolio for 2016. ...
Marks & Spencer to report slump in clothing sales after short-lived boost image
....Marks & Spencer will report a fresh slump in clothing sales on Wednesday after a revival at Christmas proved short-lived. The disappointing finish to the year will be revealed alongside a sharp fall in annual profits. ...
Ebay accused of failing its sellers as fraudulent buyers manipulate the system image
.... Buyers, on the other hand, can damage a seller’s status with negative feedback, posted anonymously, and every case opened against a seller results in a defect against the buyer. It’s a policy that appears to protect eBay’s profits at the expense of sellers’ reputations, as eBay’s own website explains: “We’re counting any activities we’ve found that decrease a buyer’s likelihood to come back and shop with us again, as defects”. ...
Fair shares? image
Source : BBC [Read Article] Sunday 21st of May 2017 12:04:00 AM
....She holds a degree in Business Economics, started her career in banking and has already served on three different boards. Yet the sole reason Allbright, the non-profit company she manages, exists is to expose the limitations in career opportunities for women in Sweden. ...
Five minute guide to investing in the UK's big banks image
Source : Daily Express [Read Article] Sunday 21st of May 2017 12:01:00 AM
....However, the Barclays share price is up 30 per cent over the past 12 months, RBS is up around 20 per cent and Lloyds trades 6 per cent higher. Mould says Lloyds now consistently posts profits of around £2billion every quarter, although bad loans, restructuring costs and mis-selling penalties continue to hit the bottom line and scare off some investors. ...
How workable – and how expensive – might Labour’s renationalisations be? image
.... It would also need money to buy Royal Mail shares. Cash can be borrowed at ultra cheap rates on international money markets, though, and the government will then take the profit usually passed to shareholders. ...
Paul Polman: ‘I could boost Unilever shares. But cutting costs is not our way’ image
....There has been a whirr of activity as Unilever seeks to cement the loyalty of shareholders. It is reviewing its Anglo-Dutch corporate structure, and has put its margarines and spreads business up for sale, launched a €5bn share buyback and set a public target of achieving 20% profit margins by 2020. ...
Bernie Madoff photos offer rare glimpse of convicted fraudster in prison image
....Both Dreyfuss and De Niro listened to the tapes as they prepared for their performances. The podcast reveals intimate details of Madoff’s life in captivity, including the memorable fact that Madoff has established a monopoly inside Butner over hot chocolate – he bought up every packet from the prison shop and traded them at a profit with other inmates. ...
Thank you EU for banning rip-off mobile roaming charges from 15 June image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
....Three has committed to keeping roaming free in Europe regardless of what happens in the Brexit negotiations – but other networks are more equivocal. The mobile phone industry opposed the European commission’s plan to abolish roaming charges, not least because the fees have been hugely profitable. ...
A new Green Deal bond that pays 12% interest – too good to be true? image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
....7% increase. So who’s behind this, and is it kosher? GDFC Services is the company issuing the bond, and is part of the Green Deal Finance Company, which was originally a not-for-profit business set up by the government to support its Green Deal programme. ...
Alisher Usmanov fails with £1bn bid to buy out Stan Kroenke at Arsenal image
....Yet Kroenke, who owns 67%, after gradually building up his holding since 2007, is unwilling to contemplate the deal. He remains fully committed to the club and, even though Usmanov’s offer would net him a massive profit, he is not minded to sell. ...
Foot Locker shares plunge after weak sales image
Source : BBC [Read Article] Friday 19th of May 2017 04:03:23 PM
...."It was a bit of a rollercoaster ride," he said. Foot Locker, which has a global footprint of more than 3,350 stores and brands such as Champs Sports and Runners Point, said total profits were $180m in the quarter, down more than 5%. ...
How to measure success in the world of megaprojects | Jane Dudman image
Source : Guardian [Read Article] Friday 19th of May 2017 06:09:48 AM
....And if your favoured project isn’t already huge, make it an indispensable part of a megaproject. That was the tip from Ed Hoffman, the former chief knowledge officer at Nasa, who is now a strategic adviser at US-based non-profit project management specialist PMI. ...
GM to stop making cars for Indian market image
Source : BBC [Read Article] Friday 19th of May 2017 05:19:34 AM
....GM had planned to invest $1bn in India to boost its domestic presence, but its sales figures fell below below 1% in the year ended in March 2017. "We determined that the increased investment required for an extensive and flexible product portfolio would not deliver a leadership position or long-term profitability in the domestic market," Mr Jacoby added. ...
Mothercare looks to almost halve number of UK stores image
Source : Guardian [Read Article] Thursday 18th of May 2017 06:10:59 PM
. Mothercare is to almost halve the size of its UK chain and stop selling clothes for older children as it tries to carve out a profitable future on the high street. ...
National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
.... John Pettigrew said renationalisation was “the last thing the industry needs” as it invests to accommodate more wind and solar power on the UK’s power grids. “Clearly, on nationalisation, we do not think it is a good idea,” Pettigrew said, as the company reported operating profits up 14% to £4. ...
Alibaba revenues jump 60% as Chinese growth continues image
Source : BBC [Read Article] Thursday 18th of May 2017 04:48:01 PM
....The firm acquired the Singapore e-commerce site Lazada last year. Total profits in the quarter were $1. ...
Asda suffers 11th quarter of falling sales image
Source : BBC [Read Article] Thursday 18th of May 2017 01:49:20 PM
....Bosses have snapped up a series of rival online businesses to try to temper Amazon's rise - particularly as the latter eyes up further expansion of its grocery delivery service. Asda had previously been the jewel in the crown for Walmart, but a focus on profits over sales has been blamed for the UK supermarket's recent poor fortunes. ...
RBS settlement has left business couple feeling 'gutted' image
Source : BBC [Read Article] Thursday 18th of May 2017 01:48:53 PM
....A number of small business owners have claimed RBS pushed them towards its former turnaround division known as the Global Restructuring Group (GRG). They then alleged it attempted to profit from their problems by charging them high fees and buying their properties at discounted prices. ...
Roger Ailes: Fox News founder dies at 77 image
Source : BBC [Read Article] Thursday 18th of May 2017 01:25:13 PM
....He played a role in Mr Nixon's successful campaign, as well as for other Republican presidents Ronald Reagan and George Bush Snr. Mr Ailes became the founding boss of Fox News in 1996, turning it into a profits and ratings powerhouse. ...
$6.40 an hour for nine years: how I got stuck in a career as a Walmart employee image
....When I was hired by the company at $6. 40 an hour, I believed I would only be working there for a few months before I landed a cool gig at a non-profit in Denver, or had my manuscript discovered by Random House. ...
Japan's economy grows faster than expected image
Source : BBC [Read Article] Thursday 18th of May 2017 09:25:20 AM
.... . Exporters have been helped by the recent falls in the yen against the US dollar, which has made their products more competitive and has boosted the value of profits earned overseas. ...
FTSE 100 sinks while pound jumps image
Source : BBC [Read Article] Thursday 18th of May 2017 08:41:00 AM
....Burberry rose 4. 69%, despite the luxury fashion brand reporting a dip in full-year profits, and shares in Royal Mail climbed 1. ...
Burberry's profits fall amid 'challenging' US trading image
Source : BBC [Read Article] Thursday 18th of May 2017 08:02:50 AM
. British fashion brand Burberry has reported a fall in annual profits amid a "challenging" trading environment, particularly in the US and Hong Kong. ...
Tesla factory workers reveal pain, injury and stress: 'Everything feels like the future but us' image
....“We’re a money-losing company,” Musk added. “This is not some situation where, for example, we are just greedy capitalists who decided to skimp on safety in order to have more profits and dividends and that kind of thing. ...
EU insists trade deals must meet its labour  and competition standards image
Source : Guardian [Read Article] Thursday 18th of May 2017 06:21:29 AM
.... Tax was a global debate, she said, alluding to international reforms the UK has signed up to. “It is more of interest that this global coalition actually exist to make sure profits are being taxed, where they are generated. ...
Ford looks to cut 1,400 jobs image
Source : BBC [Read Article] Wednesday 17th of May 2017 07:22:17 PM
....Car giant Ford will offer voluntary retirement and other financial incentives to some 15,000 workers in a bid to cut 1,400 jobs in North America and Asia. The downsizing comes as the US carmaker faces weak sales and declining profits. ...
SSE warns of 'consequences' of price cap image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:17:10 AM
London is still a global draw despite Brexit, says British Land image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:59:48 AM
....6% in the second half alone. Underlying profit rose by 7. ...

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