Search result for cost
Nutrition and health are vulnerable to inflation's effects due to the rising cost of food
Considerable thought should be given to the impact that growing grocery costs have on consumer spending habits, household budgets, health outcomes, and the cost of healthcare overall. Statistics Canada has released its most recent report on the price fluctuations of commonly purchased commodities...
Your guide to the French dental office, complete with a glossary of terms and cost estimates
The dentist is as unfairly feared in France as they are everywhere else. We all know it's crucial to take care of our teeth and gums, but few of us look forward to trips to the local chirurgien-dentiste. In most cases, all you need to do is type in your zip code plus the words "den...
With mounting cost pressures, Goldman Sachs is reportedly planning to lay off roughly 4,000 employees
According to Bloomberg, citing a source familiar with the situation, Goldman Sachs Group Inc. is planning to let off about 4,000 employees.
These recent layoffs at Goldman Sachs are indicative of potential further job cutbacks across Wall Street in the coming months as businesses strugg...
India to Improve its Transportation System by Bringing the Cost Effective Cable Cars to the Country
Recently, Union minister Nitin Gadkari gave a statement where he mentioned that India were in search for an electricity-based technology that would be cost effective for mass rapid transportation. It is the plan of the ministry to take up ropeways’ development as an alternate solution to tr...
COVID-19 recovery deemed weak by government, concerns rising material costs
As the economy struggles to recover from the Coronavirus Outbreak, The ministry has expressed concerns about the impact of recent increases in the price of raw materials, particularly crude oil.
Highlights:
- Cost of raw materials likely to rise, as everything is getting...
QANTAS ANNOUNCED COST CUTS MEAURES TO DEAL WITH IMPACT OF COVID-19
Highlights:
- The company Qantas has announced the new cost-cutting measures to deal with the impact of covid-19 pandemic
- The company said that, it will be reporting an annual loss of more than 2 billion Australian dollars
The company ...
S. KOREAN LCC UNDER HEAVY DEBT FROM HUGE DEIFICTS DUE TO PANDEMIC
Highlights –
- S. Korean LCC under heavy debt from huge deficits due to pandemic.
- Jeju Air Co., Jin Air Co. and T'way Air Co. debt-to-equity ratio ranged from 430% to 517% in 2020.
- Jeju Air Co. had 218.4 billion won in equity capita...
PEACH AIRLINES FROM JAPAN TO OFFER FREE PCR TESTS FOR PASSENGERS
Highlights –
- Peach airlines from Japan to offer free PCR tests for passengers.
- The low-cost carrier will offer free PCR tests for domestic flights from Kansai and Narita international airports.
- Passengers flying with the airline betwe...
ANA HOLDINGS INC. ANNOUNCES REDUCTION OF WORKFORCE BY 20 PERCENT
Highlights –
- ANA Holdings Inc. announces reduction of workforce by 20 percent.
- ANA plans to do so by the period of the next 5 years.
- The company expects its business to fall to 30,000 by March 2026.
- For fiscal 2021 the comp...
ANA HOLDINGS INC. REPORTS NET LOSS IN APRIL-DEC. PERIOD OF $2.29 BILLION
Highlights –
- ANA Holdings Inc. reports net loss in April-Dec. period of $2.29 billion.
- ANA Holdings revenue fell 66.7 percent to 527.61 billion yen.
- ANA reportedly booked a special loss of 76 billion yen.
- Sales from flights...
WELLS FARGO & CO. TO RESUME LAYOFFS AS PART OF THEIR COST CUTTING INITIATIVE
Highlights –
- Wells Fargo & Co. to resume layoffs as part of their cost cutting initiative.
- The bank had initially paused its layoffs in March due to the pandemic.
- The bank also plans to close several of its branches.
- Th...
TRUMP: THE US MUST PRODUCE ITS OWN ESSENTIAL DRUGS
Highlights:
• Import of APIs from China to be affected by this order of Trump
• Indian imports might be affected
President Trump has signed an order that instructs the US federal government to buy ...
SCHLUMBERGER PLANS FOR COST CUTS; RECORDS SECOND QUARTER LOSS
Highlights –
- Schlumberger plans for cost cuts; records second-quarter loss.
- The U.S oilfield service providers recorded a $3.7 billion charge.
- The company reported a net loss of $3.43 billion.
- The company’s stock was...
UNITED AIRLINES Q2 RESULTS: LOSES $1.63 BILLION, EARNS FROM CARGO UNIT
Highlights:
- The Q2 losses for United Airlines were predicted
- 36,000 United Airlines employees will lose their jobs as the federal aid to carriers end in October 2020
One of the hardest-hit industries due to the pandemic is the...
Electricity demand at peak hour to be combated with Geothermal energy storage device
The researchers at a University in Tennessee have developed an innovative design for geothermal energy storage device. The device will accumulate electricity as heat in tanks buried underground. This device once installed means that houseowners need not pay exorbitant rates for electricity at pea...
Worldwide Food costs rise in October
For the first time in five months worldwide nourishment costs rose in October, as worldwide gauges for cereals and sugar expanded altogether, agreeing to the Food and Agriculture Organization of the United Nations (FAO).
The FAO Food Price Index, found the middle value of 172.7 focuses ...