GZERO on MSN1h
AI can reduce trade costs, says WTO's Ngozi Okonojo-Iweala
"AI has (the) potential to do one thing which is very important to get developing countries more integrated into global markets and that is reduced trade costs,” said Ngozi Okonojo-Iweala, ...
Dow targets $1B cost reduction by 2026 amid prolonged economic challenges
CEO Jim Fitterling highlighted a 2% year-over-year decline in net sales to $10.4 billion, citing pricing pressures across all segments. Operating EBITDA was flat at $1.2 billion, while free cash flow ...
WNEM Saginaw on MSN5h
Dow cutting 1,500 jobs to cut costs
Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30. The workforce reduction is part of the company’s goal to save $1 ...
Plastics News6h
Dow cutting 1,500 jobs in $1B cost reduction plan
The job cuts and cost reduction will be "very targeted at lower margin regions," Dow CFO Jeff Tate said. When asked if that included high-cost operations in Europe, Tate replied "that's a fair ...
Dow Chemical Company7h
Dow announces targeted actions to deliver $1B in cost savings
MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings.
U.S. News & World Report14d
BP Cuts Over 5% of Workforce to Reduce Costs
BP Cuts Over 5% of Workforce to Reduce Costs By Ron Bousso LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce ...
Business Line14d
BP to reduce 5% of workforce, focuses on cost-cutting and streamlining operations
BP will cut over 5 per cent of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant.
POWER Magazine14d
BP Cutting Thousands of Jobs in Effort to Reduce Costs
UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business.
The Globe and Mail14d
Energy giant BP cuts more than 5% of work force in bid to reduce costs
BP BP-N will cut over 5 per cent of its global work force, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant.
WFMJ14d
Coffee-drinking window could reduce heart disease
Researchers from Tulane University found people who drink coffee in the morning may live longer than those who drink it throughout the day. Interventional cardiologist Dr. Grace Ayafor is here to ...
Orange County Register15d
Southwest pausing some hirings, internships as the airline looks to reduce costs
Southwest Airlines is hitting the pause button on some of its hirings, internships and employee events this year as the company looks to lower costs. “We are limiting discretionary costs ...