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UN battle looms over climate costs
2015-10-02 14:58:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: Divisions over money between rich and poor countries re-emerged as nations submitted their plans for tackling climate change to the UN. India, the last big emitter to publish its contribution, said it would need $2.5 trillion to meet its targets. The Philippines said that without adequate climate compensation, their cuts in emissions wouldn't happen. The UN says the plans increase the likelihood of a strong global treaty. 148 countries, out of a total of 196, have met a UN deadline for...
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Sprint plans up to cut up to USD 2.5 billion of costs
2015-10-02 09:36:00| Telecompaper Headlines
(Telecompaper) Sprint plans to cut USD 2 billion to USD 2.5 billion in costs in the next six months and will freeze external hiring, CFO Tarek Robbiati wrote in a staff memo seen by the Wall Street Journal. All expenditures must now be reviewed and approved by the finance department. In the memo, the CFO writes, "The main thing to consider when requesting to spend money is take an owner's mindset by treating every dollar as if it were your own." The statement comes days after the operator said it would not take part in the 600 MHz Incentive Auction next March. The company has said previously that it cut USD 1.5 billion in costs in the last 12 months. The company had USD 7.5 billion of operating expenses in the quarter to 30 June.
Sprint to cut jobs, reduce up to $2.5 billion in costs: WSJ
2015-10-02 02:44:58| Telecom - Topix.net
Sprint Corp plans to cut an unspecified amount of jobs and about $2-$2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. The wireless carrier has frozen external hiring and all expenditures require the approval of the finance department, WSJ reported, citing the memo sent to staff by the new chief financial officer.
Sprint to cut jobs, reduce up to $2.5 billion in costs: WSJ
2015-10-02 01:33:11| IT Services - Topix.net
Sprint Corp plans to cut an unspecified amount of jobs and about $2-$2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. The wireless carrier has frozen external hiring and all expenditures require the approval of the finance department, WSJ reported, citing the memo sent to staff by the new chief financial officer.
Arrium to slash $100m in costs from Whyalla steel plant, cut jobs
2015-10-01 06:10:28| Industrial Machines - Topix.net
Arrium will cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save $100 million as the company rolls ahead with an auction for its prized mining consumables business. The embattled steel, mining, and materials group said on Thursday that it is seeking an additional $100 million of cost savings in its steel arm, OneSteel, on top of $60 million of previously announced cost savings from the group.
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