Costs

By Mary Manis and Helen Reid STOCKHOLM (Reuters) - H&M (ST:) scrapped its profit margin target for 2024 as high discounting, costs and fierce competition hurt operating profit in the third quarter, sending shares in the world’s…

Global shipments of augmented reality and virtual reality headsets are expected to grow 41.4% in 2025, supported by more affordable devices and the addition of artificial intelligence features, market research firm IDC said on Monday. Why…

Senior finance ministry officials warned of higher interest rates due to the state budget breach, economic uncertainty and war, saying that "increasing the budget framework could be dangerous for the economy and a…

By Max A. Czerny and Milana Finn(Reuters) - Intel Corp Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company's board to cut non-essential businesses and reorganize capital spending…

By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company's board to cut non-essential businesses and reorganize capital spending in an effort to…

Listed Flame Tree Group posted a loss of Sh90.6 million in the first half of the year ended June 2024, as higher debt servicing costs erased a Sh6.7 million profit from last year. The company's financing costs rose by 48.1 per cent to…

By Nora Eckert Ford Motor Co said Wednesday it has scrapped plans to launch a three-row electric SUV and postponed the launch of a new electric version of its best-selling F-150 pickup truck, the latest delay by the U.S. automaker as it…

(Reuters) - Shares of Australia-based Domino's Pizza Enterprises Inc fell more than 7% on Wednesday after the franchise operator reported a weak start to the 2025 financial year as rising costs and frugal consumers weighed on…

A new study has revealed the huge financial burden faced by working parents in the UK during the summer holidays, with childcare costs rising by an average of £1,683 a month. This increase in expenses is forcing many parents to…

New calculations show that consumers will pay about 1.5 percent more per unit of electricity used in August, due to higher fuel and foreign exchange costs. The Energy and Petroleum Regulatory Authority has revised electricity prices…