Tag: costs
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‘Crisis’ in youth sports comes into focus after early US World Cup exit
ATLANTA/NEW YORK, July 16 : Another early World Cup exit underscores a fractured youth sports culture in the United States, as the nation hopes to catch up with footballing powerhouses that have no clogs in their talent pipeline.The Americans have not reached the quarter-finals of the global showpiece since 2
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Volkswagen planning to cut up to 100,000 jobs globally
The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
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White House to rally utilities, data centers over AI power costs
WASHINGTON, July 13 : The White House plans to bring together utility companies and data center developers for a voluntary pledge designed to ensure rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar with the
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Japan’s wholesale inflation hits 3-year high as fuel costs, weak yen bite
TOKYO, July 10 : Japan’s wholesale inflation accelerated in June at the fastest pace in more than three years as firms aggressively passed on rising costs from the Middle East conflict, data showed on Friday, bolstering the case for further interest rate hikes.The data came in the wake of a Bank of Japan repo
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Onsemi to sell two chipmaking plants to cut costs
July 7 : Chipmaker Onsemi on Tuesday said it will sell two manufacturing facilities as part of broader push to cut costs and boost profit margins.Shares of the company were down more than 3 per cent in premarket trading. They have gained nearly 75 per cent this year.Here are some details:• Ons
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US firms remain committed to Singapore, but rising costs could affect future investment: AmCham CEO
Dr Lei Hsien-Hsien, CEO of the American Chamber of Commerce in Singapore, tells CNA that artificial intelligence and hiring challenges are also reshaping how companies decide where to invest.
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Apple raises prices of MacBooks, iPads as memory costs skyrocket
SAN FRANCISCO: Apple raised iPad and MacBook prices on Thursday (Jun 25), saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s data centre buildout.The move does not affect Apple’s main cash cow, the iPhone. But it would take starting price of the N
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Iran peace not stopping central banks from raising borrowing costs
FRANKFURT/TOKYO, June 18 : The Iran war-induced inflation surge is becoming too much for central banks around the world to simply look past and a string of them, led by the U.S. Federal Reserve, have either raised borrowing costs or signalled likely moves to tame price growth.Conflict in the Middle East has p
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Sigh of relief in Africa as the Strait of Hormuz ‘reopens’
A potential US-Iran agreement could lower energy-, fertilizer- and food prices in Africa if the Strait of Hormuz fully reopens. Oil exporters such as Nigeria and Angola might have to cope with less revenue, experts say.
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The costs and challenges facing the 2026 World Cup
The World Cup officially kicked off this week – but alongside the football, there are questions around heat, cost, the environmental impact and travel restrictions.
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