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1-10 results from 73 for query «productivity»

December 6, 2018 2:43 PM Volkswagen unveils $3.4bn in cost cuts to improve margins

Mubasher: Volkswagen on Thursday said it would slash another EUR 3 billion ($3.4 billion) in costs in a bid to boost profit margins at its core brand. “By 2020 we will achieve three billion euros in cost savings, and now aim for a further three billion euros by 2023,” Volkswagen’s board member responsible for finance at its core brand Arno Antlitz said in a press 12

November 14, 2018 9:03 AM US shale oil output to rise 113,000 bpd in December

Mubasher: Crude oil production from the seven most prolific US shale regions was set to jump by 113,000 barrels per day (bpd) to a total of 7.944 million bpd in December, official report said. Oil production in the Permian Basin, which covers western parts of Texas and southeastern New Mexico would make the largest contribution with an increase of 63,000 bpd in December 12

October 19, 2018 2:57 PM Robust aero, warehouse automation sales boost Honeywell Q3 profit

Mubasher: Honeywell International Inc on Friday reported better-than-expected profits for the third quarter of this year and lifted its full-year forecasts for cash flow and margins. Tariff-related costs are expected to weigh on margins in 2019, the American multinational conglomerate company said. The company said that sales at the aviation unit, its largest 17

October 16, 2018 8:29 AM US shale oil output to rise 98,000 bpd in November

Mubasher: Crude oil production from the seven most prolific US shale regions was set to jump by 98,000 barrels per day (bpd) to a total of 7.714 million bpd in November, official report said. Oil production in the Permian Basin, which covers western parts of Texas and southeastern New Mexico would make the largest contribution with an increase of 53,000 bpd in November 8

July 20, 2018 10:52 AM Microsoft quarterly profits rise 10% on Azure cloud business

Mubasher: Microsoft reported that its net income increased 10% year-on-year to $8.9 billion in its fourth quarter ended June 2018 from $8.1 billion. The income rise came as a growing number of businesses signed up for Microsoft’s Azure cloud services and Office 365 productivity suite. “Server products and cloud services revenue increased 26% (up 24% in constant 8

July 19, 2018 6:35 AM Government agencies labour force analysed

Manama, July 19 (BNA): Civil Service Bureau (CSB) has studied and analysed the actual expenditure of 47 government entities during the last two years, based on the keenness of the CSB to move towards optimal utilisation of financial resources, and following up, controlling and rationalising government expenditure, enhancing productivity in government 8

July 12, 2018 10:01 AM CSB receives UAE delegation

Manama, July 12 (BNA): Civil Service Bureau (CSB) president Ahmed bin Zayed Al Zayed received a delegation from the UAE Prime Minister’s Office. They discussed the cooperation in the field of organizational performance, development of government work and transfer of expertise in the technical and strategic fields. Director General of HR Development and Performance 16

July 3, 2018 11:26 AM BAS honours 147 employees

Manama, July 3 (BNA): Bahrain Airport Services (BAS) company has held the annual ceremony to honour its long-serving employees. During the ceremony BAS honoured 147 employees who served in various departments of the company over 10 years. Salman Almahmeed, CEO of BAS said: We recently celebrated the 40th anniversary of its establishment, with success 9

June 4, 2018 10:08 AM Industrial companies, local universities cooperation discussed

Manama, June 4 (BNA): The Gulf Petrochemical Industries Company (GPIC) has hosted a meeting of the Scientific Research and Innovation Committee of the Gulf Petrochemicals and Chemicals Association (GPCA). Chairman of the GPCA’s Scientific Research and Innovation Committee Muayyad bin Essa Al Qurtas presided over the meeting, attended by 25 of its members 15

May 10, 2018 8:51 AM BT to trim 13,000 jobs in cost-cutting drive

Mubasher: UK-based BT Group on Thursday has announced that it will eliminate 13,000 jobs over the next three years, within a restructuring plan in which its management and back office positions will be reduced. Along with the layoff of about 12% of its workforce, the telecommunications giant would hire about 6000 employees including network deployment 17