Latest in BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
Sort by
2,769 items
-
BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and also its most cutthroat, with dozens of brands jostling for position.Business - The New York Times - 5 hours ago -
China’s EV price war set to intensify next year as BYD squeezes suppliers
Chinese carmaker asks auto parts providers to cut their prices by 10%World - Financial Times - 5 hours ago -
-
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
Poland tells Ukraine to exhume WW2 victims even amid Russia’s war
Foreign minister says Kyiv and Berlin should act on Warsaw’s historic grievancesWorld - Financial Times - October 29 -
How the FedEx-UPS Price War Could Slash Year-End Costs for Small Businesses
Falling parcel volumes and fewer year-end shopping days, this year have led the two transporters to extend big price reductions to small business owners.Business - Inc. - November 8 -
-
Sainsbury's to rival Aldi prices in smallest stores
It follows criticism that shopping in convenience stores can be more expensive than main supermarkets.Top stories - BBC News - November 4 -
Starbucks has been outclassed by local rivals in China
Coffee giant would benefit from a helping hand from a local partnerWorld - Financial Times - Yesterday -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - November 15 -
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technologyWorld - ABC News - 5 days ago -
Making Fun of Men in China Comes at a Cost
Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.World - The Wall Street Journal - November 11 -
Butter thefts highlight cost of Russia’s war economy
Rampant inflation of staple food prices is linked to soaring defence spendingBusiness - Financial Times - November 11 -
Taiwan president will visit allies in South Pacific as rival China seeks inroads
Taiwanese President Lai Ching-te will visit the self-governing island’s allies in the South Pacific, where rival China has been seeking diplomatic inroadsWorld - ABC News - 5 days ago -
Astonish cut-price soaps clean up in supermarkets
A family manufacturer in Bradford has been propelled by the growth of discount retailersBusiness - Financial Times - November 12 -
After War in Gaza, Rivals Hamas and Fatah Don't Plan to Be in Charge
The Palestinian factions aim to create an apolitical committee acceptable to Israel to oversee aid distribution and rebuilding.World - The Wall Street Journal - November 12 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
Trump tells NBC News there is 'no price tag' for his deportation plan
In an exclusive interview with NBC News' Kristen Welker, President-elect Trump discussed how he views his victory over Vice President Harris as a mandate to "bring common sense to the country." ...Top stories - NBC News - November 7 -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
The price of love: how much does dating cost – and who pays the bill?
From subscribing to apps to who should foot the cost of nights out, it’s worth getting your finances right. Putting yourself out there always comes at a cost: you have to be vulnerable, open ...World - The Guardian - November 9 -
How new producer price data signals potential costs for Americans
New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the state of inflation in the U.S. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - November 14 -
Australian judge rules senator broke race law by telling rival legislator to return to Pakistan
An Australian judge has ruled that anti-immigration party leader Sen. Pauline Hanson breached a racial anti-discrimination law by crudely telling Pakistan-born Sen. Mehreen Faruqi to return to her ...World - ABC News - November 1 -
Bolivia's Evo Morales tells AP he'll press on with a hunger strike until his rival accepts dialogue
Bolivia’s transformative and divisive former President Evo Morales has told the Associated Press that he would press on with a hunger strike until the government of his protégé-turned-rival agreed ...World - ABC News - November 3 -
Roger Federer tells friend and rival Rafael Nadal that he made him enjoy tennis more
Roger Federer says Rafael Nadal made him enjoy tennis even more during a rivalry that spanned 40 matches over 15 yearsSports - ABC News - November 19 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
-
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Chris Wallace exits CNN as post-election cost-cutting begins
Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"Entertainment - Los Angeles Times - November 12 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11
