Alstom Charts Cost-Cutting Course to Slash €2 Billion in Debt

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 29 sec. here
  • 24 min. at publisher
  • 📊 Quality Score:
  • News: 92%
  • Publisher: 50%

Business News

Alstom,Debt,Cost-Cutting

Alstom plans to reduce its €2 billion debt through cost-cutting measures. Reckitt appoints former Sky CEO as new chair. UK house prices fall for the first time in 11 years. Palo Alto's cybersecurity warning highlights its rally. US-China climate deal builds momentum for COP28. Ukrainian President Zelenskiy acknowledges the challenges of the war. Thailand tightens cannabis rules after the opening of numerous weed shops. Renault sets sales goal for EV business and considers IPO. Ottawa extends deadline for underused housing tax. Surveys show women are less likely to request a raise or negotiate salary. Many Canadians face financial stress. Canadian tech workers earn less than US counterparts.

Alstom, a French multinational company, plans to cut costs in order to reduce its €2 billion debt. Reckitt, a British consumer goods company, appoints the former CEO of Sky as its new chair. UK house prices have fallen for the first time in 11 years, according to official data. Palo Alto's cybersecurity warning brings attention to its 87% rally. The US-China climate deal is expected to lead to a stronger outcome at COP28.

Ukrainian President Zelenskiy acknowledges that the war will not be easy next year. Thailand is tightening its cannabis rules after the opening of 6,000 weed shops. Renault sets a sales goal of €10 billion for its EV business and considers an IPO. Ottawa extends the deadline for the underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate their salary. Many Canadians are struggling financially and feel stressed about their personal finances. Canadian tech workers earn 46% less than their US counterparts

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in LOANS

Loans Loans Latest News, Loans Loans Headlines