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Gas giants use AI to raise prices, lawsuit says, another algorithmic hit to the cost of living
A federal lawsuit alleging that gas companies in California are colluding to keep prices high through their use of AI-powered software…
Tag
cost
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7 ways delaying your first full-time hire might cost you years
There is a phase every founder goes through where doing everything yourself feels efficient, scrappy, even necessary. You tell yourself…
Business
Why Many Companies Overspend (And the Simple Cost Control System That Fixes It)
A lot of businesses only realize that they have overspent when they review their financial reports at the end of the month or, worse, at…
Business
Operational Excellence, Cost Reduction & Process Optimization at Scale
In the global commerce environment, transportation costs are continuously increasing, faster than inflation, where supply chains remain…
Business
ANZ Group cash profit jumps 17% as cost cuts take hold
The Australian bank said more than 60 per cent of the 3,500 job cuts it previously announced had taken place Group said on Thursday its…
Business
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028…
Business
Aims Apac Reit 9M DPU rises 2.5% to S$0.0725 on higher rental reversions, cost efficiencies
The manager of Aims Apac Reit (AA Reit) on Thursday (Feb 5) posted a 2.5 per cent increase in distribution per unit (DPU) to S$0.0725 for…
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Grab rides to cost 30 cents more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by 30 cents come Jan 1, 2026. Passengers will then pay…
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Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026. Passengers will then pay…
Business
Rakuten AI boss diverges from big tech in prioritising low cost
RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency. Ting…
Business
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of 2.5 billion euros…
Unsorted
China confronts the cost of dismantling the world’s biggest coal sector
Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy…
Business
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down…
News
Oliver Sacks Put Himself Into His Case Studies. What Was the Cost?
As Sacks aged, he felt as if he were gazing at people from the outside. But he also noticed a new kind of affection for humans—“homo sap.”…
Business
Deutsche Bank unveils more ambitious cost and profit targets for 2028
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025 Deutsche Bank on Monday (Nov 17)…
Business
Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales
It cut its operating profit forecast for the year through March 2026 to 550 billion yen (S$4.67 billion) from 700 billion yen Honda Motor…
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The human cost of Xiaomi’s rapid pivot from smartphones to EVs
The company still has a long way to go before it could break into the elite club of automakers Months before he dropped to the floor in…
Business
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note AirAsia Aviation Group plans to raise…
Business
Maybank upgrades OUE Reit to ‘buy’ amid lower cost of debt in Q3
Analysts are positive on OUE Real Estate Investment Trust (Reit) on the back of its declining cost of debt in Q3 – with Maybank Securities…
Business
Intel shares jump as investments, cost cuts catapult turnaround efforts
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive…
Business
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue…
Celebrity
How Much Does Taylor Swift's Engagement Ring Cost? Fans Go into Meltdown Over Popstar's Engagement with NFL Star Travis Kelce
Newly engaged Taylor Swift and Travis Kelce sent fans into a frenzy on Tuesday with the bombshell announcement of their wedding plans. The…