Tag #Cost Reduction

Showing 13 to 24 of 33 results

welt.de
🌐 85% Global Worthiness
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Deutsche Bank Q1 2024 Profit Soars 39%

Deutsche Bank announced a 39% increase in both pre-tax profit (€2.8 billion) and net income (€1.8 billion) for Q1 2024, exceeding expectations and marking its best quarterly result in 14 years due to robust performance across all divisions and cost reductions.

Progress

52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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VWN Raises Profitability Target to 6.5% by 2029

Volkswagen's commercial vehicle division (VWN) raised its 2029 profitability target to 6.5 percent, planning a €1.4 billion annual cost reduction without further job cuts, while expanding ID. Buzz sales globally, including the USA, despite potential US tariffs.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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DeepSeek's Impact: AI Cost Reduction Reshapes Business

DeepSeek, a Chinese AI company, caused a $1 trillion stock market drop in January, illustrating a significant cost reduction trend in AI that is making the technology more accessible to businesses and is predicted to reshape business operations.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Telemedicine Revolutionizes Healthcare Access and Cost

Telemedicine is transforming healthcare by increasing access to specialists for underserved populations, reducing costs through virtual visits and remote monitoring, and improving efficiency for both patients and providers; however, challenges around data security and regulations remain.

Progress

52% Bias Score

Good Health and Well-being
kathimerini.gr
🌐 65% Global Worthiness
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Greece shifts low-cost electricity hours to daytime

Greece implemented a new two-zone low-cost electricity system, shifting it to daytime hours; most consumers transitioned automatically, but about 150,000 with older meters must apply via DEDDIE's website by February 1st, 2025, to switch; the aim is to improve access to cheaper electricity during off...

Progress

36% Bias Score

Affordable and Clean Energy
elmundo.es
🌐 85% Global Worthiness
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Repsol Cuts Refinery Costs to Battle US Competition and Fuel Transition

Repsol is aggressively cutting costs at its five Spanish refineries using AI and operational improvements to compete with cheaper US energy and the rise of renewable fuels, investing in employee training while aiming for greater self-sufficiency and long-term energy contracts.

Progress

32% Bias Score

Affordable and Clean Energy
smh.com.au
🌐 75% Global Worthiness
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Sarytogan Graphite: Softer Ore Yields Significant Cost Savings

Pilot milling tests on a 10-tonne sample from Sarytogan Graphite's Kazakhstan deposit revealed unexpectedly soft ore, resulting in projected 65 percent reduction in installed mill power and 36 percent less overall power needed for ore grinding, significantly lowering production costs and improving p...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
cnnespanol.cnn.com
🌐 75% Global Worthiness
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Starbucks Cuts Jobs, Simplifies Menu to Reverse Sales Decline

Starbucks is laying off over 1,000 corporate employees and simplifying its menu by removing 30% of its items, including several Frappuccinos and lattes, to combat four consecutive quarters of declining sales caused by high prices, long wait times, and unionization efforts; CEO Brian Niccol aims to r...

Progress

36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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French Banks to Consolidate ATM Networks, Reducing Costs and Expanding Access

The number of Cash Services ATMs in France will increase to nearly 3,000 by the end of 2025, as three major banks consolidate their networks, reducing the total number of ATMs from 15,000 to approximately 10,000 by mid-2026 to cut costs, while also deploying ATMs in underserved areas.

Progress

36% Bias Score

Reduced Inequality
nytimes.com
🌐 85% Global Worthiness
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Milan-Cortina 2026: A Multi-City Approach to Winter Olympics

The 2026 Winter Olympics, opening in Milan on February 6th and closing in Verona on February 22nd, will use a multi-city approach across four main centers (Cortina d'Ampezzo, Milan, Val di Fiemme, and Valtellina) to reduce costs and expand audience engagement, marking a shift from the traditional si...

Progress

44% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 95% Global Worthiness
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DeepSeek's $5.5 Million AI Model Upends the AI Market

DeepSeek's DeepSeek-R1-Zero, the first large-scale AI model trained purely with reinforcement learning, cost only $5.576 million to train, compared to GPT-4's reported $100 million, significantly lowering AI development costs and challenging traditional notions of competitive advantage in the field.

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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BP Announces 7,700 Job Cuts in Cost-Cutting Drive

BP, a British oil firm, announced 4,700 job cuts and 3,000 contractor reductions on Thursday, aiming for $2 billion in cost savings by 2026, primarily impacting office-based roles and potentially impacting its energy transition commitments.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 33 results