Tag Archives: cuts

China’s state sector leaders embrace pay cuts

SOE leaders face a poorer future but still far out-earn their staff Asia homepage

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World Bank cuts China growth forecast

Pace of expansion in rest of east Asia set to pick up Asia homepage

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HTC third quarter profit beats estimates as cost cuts offset weak sales

TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp swung to better-than-expected profit in the third quarter from a heavy loss a year earlier, as cost cuts helped it offset the impact of still-sluggish sales. HTC said on Friday it earned … Continue reading

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Cotton hits snag as China cuts imports

Country to allow only minimum of tax-free commodity to be imported next year, adding to pressure on global prices already damped by bumper US harvest Asia homepage

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ECB cuts rates to record low

Expectations of more monetary action have been high since the central bank admitted markets doubted its ability to return inflation back to its target Asia homepage

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James Foley ‘beheaded’: PM cuts holiday short for emergency meeting on British … – The Independent

The Independent James Foley 'beheaded': PM cuts holiday short for emergency meeting on British …The IndependentThe Government has warned that the Islamic State (Isis) could launch international terrorist attacks if it becomes established in Iraq and Syria and its British … Continue reading

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Sprint cuts rates, CEO says more new plans to come

By Marina Lopes and Carey Gillam OVERLAND PARK Kan./WASHINGTON (Reuters) – Sprint Corp on Monday unveiled a new pricing plan that offers customers 20 gigabytes of data and up to 10 lines for $ 100, doubling its data offerings, the … Continue reading

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Thailand cuts top-end growth forecast

Thailand has avoided slipping into recession in the second quarter but the army-led government has more modest expectations for full-year growth Asia homepage

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Zynga cuts 2014 forecast, delays various gaming titles

By Malathi Nayak SAN FRANCISCO (Reuters) – Zynga Inc on Thursday reported unexpectedly weaker second-quarter bookings, and slashed its 2014 forecast after saying it had delayed several games including a revamped version of "Zynga Poker." Shares in the San Francisco-based … Continue reading

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Apple updates MacBook Pro laptops, cuts price of older model

(Reuters) – Apple Inc said it updated its MacBook Pro line of laptops with a high-resolution Retina display, faster processors and higher memory for a starting price of $ 1,299. The world's largest technology company also lowered the price of … Continue reading

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