Finance News – Cost Cuts
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ITV announces new cost-cutting drive as half-year profits fall 44%
ITV's announcement of additional savings and a reduced programming budget reflects its response to declining advertising income and a substantial decrease in pre-tax earnings durin...
Read Full Article →Guinness maker Diageo to offset US tariffs with cost cuts
Diageo, a leading beverages company, announced a three-year plan to reduce expenses by $500 million to address financial challenges arising from import duties imposed by the United...
Read Full Article →Nissan open to making cars for Chinese partner in Sunderland, says CEO
Nissan’s willingness to produce vehicles for a Chinese collaborator at its UK facility highlights a strategic effort to maintain operations amid broader restructuring and significa...
Read Full Article →Exxon Mobil earnings beat as production growth and cost cuts offset the sting of falling oil prices
Exxon Mobil's financial results were positively impacted by increased production in key regions and successful cost reductions, which helped mitigate the adverse effects of declini...
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