Thursday 2 July 2015
 
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Goodyear to shut down UK plant to cut costs

Goodyear Tire & Rubber Co, a leading tire maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs. Go

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Goodyear to shut down UK plant to cut costs

Goodyear Tire & Rubber Co, a leading tyre maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs. Go

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DHA forms committee for cost calculation system project

The Dubai Health Authority (DHA) has formed a supervisory committee for the cost calculation system project. Humaid Mohammed Obaid Al Qatami, chairman of the board, said that the aim of the committee is to utilise the latest conce

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Terror costs $6.6bn to Bahrain’s national economy

Violence in Bahrain cost the national economy $6.6 billion last year, according to a new report. The Institute for Economics and Peace (IEP) estimated this was the equivalent of almost $5,000 per person, said a report in the G

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US producer prices post largest gain since 2012

US producer prices in May recorded their biggest increase in more than 2-1/2 years as the cost of gasoline and food rose, suggesting that an oil-driven downward drift in prices was nearing an end. The stabilisation in producer pri

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Bahraini ministers urged to cut travel expenses

Bahraini government ministers should no longer be allowed to charge first class travel to their expense accounts if unnecessary spending is to be reduced, according to legislators. This could save the country millions of dinars an

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Bahrain Cabinet approves measures to cut costs

Bahrain’s Cabinet has approved a number of immediate measures to cut expenditure, boost revenues, redirect subsidies, optimise the cost of public services and merge government agencies. The austerity measures are expected to

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Focus on improving exam quality, cost reduction

Middle East professional exam programme owners are set to discuss how to improve the quality of exam questions, while reducing development costs through greater collaboration between experts. The free webinar, which will take plac

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Bahrain F1 line-up ‘not hit by budget cuts’

Spending for this year's Bahrain Grand Prix has been scaled back by almost 30 per cent, it has been revealed. Costs are down year-on-year because of last year's 10th anniversary extravaganza, Bahrain International Circuit

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Lufthansa set to continue cost cutting

Stiff competition from rivals in Europe and the Middle East and falling ticket prices mean Lufthansa must keep cutting costs if it wants to remain a global airline, the German carrier said. Lufthansa is being squeezed by competiti

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