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Toyota profit rises on strong sales, cost cuts and weak yen
2015-11-05 08:56:09| Automakers - Topix.net
" Toyota Motor Corp. reported a 13.5 percent increase in quarterly profit due to strong sales, cost cuts and a favorable exchange rate. Toyota reported Thursday a July-September profit of 611.7 billion yen , up from 539 billion yen the previous year, and a tad short of the forecast by FactSet at nearly 615 billion yen .
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Agco shares rise as cost cuts lift profits hopes
2015-10-30 06:17:23| Industrial Machines - Topix.net
Agco shares soared, after the tractor manufacturer raised its earnings forecast, amid signs of a belt-tightening campaign boosting profitability in the face of a tough sales environment. The maker of Fendt and Massey Ferguson farm equipment nudged higher to $3.20 per share, from $3.10 per share, its full-year earnings forecast.
Air France-KLM calls for cost cuts as profit soars
2015-10-29 08:15:33| Airlines - Topix.net
Air France-KLM's management on Thursday called for drastic cost-cutting despite posting its largest quarterly net profit in five years as a result of lower fuel prices. Air France-KLM reported a net profit of 480 million euros in the third quarter, up from a revised EUR86 million profit in the corresponding period a year earlier.
UK opposition farming emissions cuts 'could cost thousands of lives'
2015-10-28 13:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The UK governments opposition to binding cuts in pollution from farms could lead to 3,000 more deaths in the UK, according to research cited by the environmental NGO ClientEarth. An advisory paper sent to MEPs by the UKs environment department and seen by the Guardian, recommends voting down proposals in Strasbourg today for legally binding curbs on emissions of ammonia, methane and particulates from the agricultural sector. Cumulatively, they are thought to be responsible for an annual 400,000...
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GM plans $5.5B in cost cuts to help finance new mobility
2015-10-01 16:40:37| Automakers - Topix.net
" General Motors plans to cut $5.5 billion in manufacturing, purchasing and administrative costs during the next three years, helping to finance a big push into autonomous cars and car- and ride-sharing services. The company told investors Thursday that the savings in logistics, manufacturing, information technology and other costs will more than offset increased investments in brand development and new technology.
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