ANZ Group cash profit jumps, shares hit record high on cost cuts Source link
Barclays is turning to artificial intelligence to power the next phase of its turnaround, as the bank targets around £2 billion of cost savings and commits to returning more than £15 billion of surplus capital to shareholders by the end of 2028. C.S. Venkatakrishnan, the chief executive, widely known as Venkat, said the bank would […]
ConocoPhillips (NYSE:COP) is included among 13 Best Long Term Low Risk Stocks to Buy Now. ConocoPhillips (COP) Gets Higher Target at Roth Capital as Cost Cuts Progress On February 5, Roth Capital Partners increased its price objective on ConocoPhillips (NYSE:COP) to $112 from $105. It also kept a Buy rating on the stock. The move […]
India Index founder and CEO Samir Kapadia discusses the benefits of President Donald Trump’s trade deal with India on ‘Mornings with Maria.’ The U.S. and India have reached an interim trade deal that would lower tariffs on both countries, a joint statement Friday revealed. “The Interim Agreement between the United States and India will represent […]
Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis […]
Stock market benchmark indices Sensex and Nifty continued to trade lower on Friday after the RBI decided to pause on the policy rate front, with IT heavyweights facing selling pressure amid weak trend in the US equities. Fresh foreign fund outflows also dented investors’ sentiment. Extending its previous day’s decline, the 30-share BSE Sensex further […]
Global advisor to CEOs and corporate boards Ram Charan joins Mornings with Maria to discuss the growth of AI in American businesses and the impact of technology on jobs. U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive coaching […]
Dr. Patrick Soon-Shiong announces on “The Daily Show” that he’s taking the Los Angeles Times public. The Atlanta Journal-Constitution (AJC) announced Tuesday that it would be laying off newsroom employees along with other staff across the company, according to the outlet. About 50 positions will be cut as part of the layoffs and roughly half […]
Pinterest has dismissed two engineers after they created and shared a software tool that identified colleagues who had been made redundant during a recent round of job cuts, according to reports. The digital pinboard company announced earlier this month that it would cut about 15 per cent of its workforce, roughly 700 roles, as chief […]
Vanguard announced reduced management fees on 53 investment funds on Feb. 2, continuing an industry trend toward lower administrative costs for mutual funds and ETFs. The fee reductions will save investors nearly $250 million in 2026, according to the investment firm. In the past two years, Vanguard has trimmed fees and yielded almost $600 million in investor […]