BP announces 4,700 job cuts amid cost-saving measures
BP announced plans to cut 4,700 jobs and 3,000 contractor roles in 2025 as part of a strategy to save $2 billion by 2026, citing...
Tag : profits
ICAO forecasts 2% growth in air travel, profits hold at $39B
ICAO projects 2% growth in global air travel, sustaining $39B profits amidst post-pandemic recovery efforts....
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...