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Volkswagen to Cut Back on Investment, Step Up Cost-Cutting

2015-10-06 23:49:27| Automakers - Topix.net

Volkswagen AG plans to slash an a 86 billion investment plan and step up cost-cutting as it grapples with fallout from its emissions scandal, Chief Executive Matthias MA1 4ller said on Tuesday. Volkswagen's management is still unsure how high the price tag will be for "diesel gate," as investors are calling the scandal.

Tags: back up step cut

 

AfDB approves first private-sector investment in Ghana's transport sector

2015-10-05 01:00:00| Airport Technology

African Development Bank (AfDB) has approved a $120m corporate loan to support Ghana Airports Company Limiteds (GACL) capital investment programme, which aims to strengthen the countrys airport infrastructure.

Tags: transport investment sector approves

 
 

VIDEO: Labour urges Redcar steelworks investment

2015-10-02 19:18:47| BBC News | Business | UK Edition

Shadow Chancellor John McDonnell says the government's promise of an aid package to staff at Redcar steelworks is not enough, after the company owners go into liquidation.

Tags: video investment labour urges

 

Neiman Marcus cuts 500 jobs in investment move

2015-10-02 16:13:00| Daily apparel & textile news and comment - from just-style.com

Upscale US department store retailer Neiman Marcus has cut around 500 jobs across the group as part of its plans to accelerate investment.

Tags: jobs move investment cuts

 

JCP Investment Management Launches Website Dedicated to Election of...

2015-10-01 15:35:29| Waste Management - Topix.net

Today, JCP launched a website, www.FixCasella.com , dedicated to the election of its two highly-qualified candidates, proxy card with the Securities and Exchange Commission in order to give shareholders an opportunity to replace the Company's Chairman and CEO , with direct shareholder representatives who will represent the best interests of all shareholders. As further explained in JCP's proxy materials, which are available at www.FixCasella.com , shareholders deserve an alternative to the poor operating performance under Mr. Casella's leadership, the deeply concerning related party transactions and the lack of accountability of both the Board and CEO at Casella.

Tags: website management investment dedicated

 

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