BP announces 4,700 job cuts amid cost-saving measures
BP, one of the world’s leading energy companies, announced on Thursday a significant workforce reduction as part of a broader cost-saving initiative. The British oil...
Tag : profits
ICAO forecasts 2% growth in air travel, profits hold at $39B
The International Civil Aviation Organization (ICAO) has released projections indicating that passenger air traffic in the first quarter of 2024 will surpass pre-pandemic levels by...
Profits at Samsung plunge as gadget demand slows
For the last three months of 2022, Samsung expects its profits to decline by 69% to the lowest level in eight years. The world's largest...
Short sellers made $15 billion in profits betting against Tesla
Due to the continued decline in Tesla shares, Elon Musk is no longer the world's richest person. According to a report by S3 Partners, astute...