#cost-cutting
articles
Companies
Daimler Truck Bets on H2 Recovery as US Demand Offsets Tariff Blow
Despite a steep drop in Q2 net income, the German truck maker raised its full-year forecast on surging US demand and eas...
Companies
UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount
The Swiss bank's Q2 pre-tax profit jumped to $3.6bn, driven by massive cost savings from the Credit Suisse deal. Staffin...
Companies
Mercedes-Benz Q2 Profit Jumps 13.5% as Cost Cuts Counter China Slump
Group earnings climb to €1.09 billion despite a 6% fall in unit sales, with efficiency gains and strong van sales offset...