Tag: Plans

Intel plans major job cuts and billions in savings as profits plummet

Intel has announced plans to make a “meaningful number” of layoffs as part of wider cost-cutting measures.The chip giant says its expense reduction plan is set to slash costs by $3 billion in...

Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit : stocks

KEY POINTSThe oil giant also announced Thursday a new share buyback program.It also revealed plans to increase its dividend per share by around 15% for the fourth quarter 2022.The group's results come soon...

Wise Plans to Launch ‘Assets’ in Europe

Wise, the financial technology and payments Payments ...

Adidas plans to cut ties with Kanye West after rapper’s anti-Semitic remarks

Adidas AG plans to end its partnership with Kanye West, according to people familiar with the matter, following a rash of offensive behavior from the rapper and designer that turned a once-thriving shoe...

Instacart is pulling its plans to go public in 2022; the company confidentially filed for an IPO earlier this year (Dan Primack/Axios)

Dan Primack / Axios: Instacart is pulling its plans to go public in 2022; the company confidentially filed for an IPO earlier this year  —  Grocery delivery app Instacart has decided to push...

US plans to signal replenishing the SPR at $67-72 per barrel

Reuters is reporting that the US will signal a willingness (plan?) to replienish the strategic petroleum reserve in the $67-72 range. The idea is that they want private companies to continue to drill...

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