Coca-Cola to cut 1,200 jobs as earnings fall

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Báo Đầu Tư English 4 day(s) ago

NEW YORK: Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said on Tuesday (Apr 25).

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Vietjet sets $1.9bn revenue target for 2017

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Báo Tuổi Trẻ English 1 week(s) ago

Low-cost Vietnamese carrier Vietjet has set targets of VND42.018 trillion (US$1.88 billion) in revenue and VND3.395 trillion ($151.56 million) in post-tax profit for 2017, after enjoying a successful 2016 with healthy growth and whopping earnings.

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United beats on key measures, apologizes again for dragging incident

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Báo Tuổi Trẻ English 1 week(s) ago

United Continental Holdings Inc's first-quarter earnings on Monday beat analysts' expectations on several key measures, and the carrier again apologized for the forceful removal of a passenger from a flight last week.

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Shares rebound as bargains sought

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Báo Đầu Tư English 1 month(s) ago

Shares rebounded yesterday on the two stock exchanges as investors poured money into insurance and food and beverage stocks on positive earnings prospects.

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Earning reports, foreign buys to boost stocks

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Báo Đầu Tư English 1 month(s) ago 1 related news

Vietnamese shares will continue to rise this week, according to securities analysts and brokerage companies, as foreign investors buy local assets. Positive first-quarter earnings reports and macroeconomic indicators to be released soon are also expected to influence this trend.

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Stocks up on high Q1 hopes

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Báo Đầu Tư English 1 month(s) ago

Shares rose on the two local exchanges on Monday, driven by high investor confidence on expectations of positive earnings reports from listed companies.

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Huawei staff fear cuts as smartphone profits disappoint

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Báo Đầu Tư English 2 month(s) ago

HONG KONG/BARCELONA: Staff at China's Huawei Technologies Co Ltd are bracing for possible jobs cuts after internal memos highlighted intense pressure to improve earnings and an executive said the flagship smartphone business had missed internal profit targets.

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In Vietnam, Uber drivers whine about firm’s unfair division of revenue

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Báo Tuổi Trẻ English 2 month(s) ago

While Vietnamese authorities are criticized for not taxing Uber enough, local Uber drivers are complaining about having between 15 and 25 percent of their earnings end up in the company’s pocket.

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Toshiba troubles casts doubt on Vietnamese plans

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Báo Đầu Tư English 2 month(s) ago 1 related news

Toshiba’s colossal losses and the resulting distrust of creditors may negatively affect its operations in Vietnam and raise questions about the future of its plans here.

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Toshiba troubles calls doubt to realisation of plans in Vietnam

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Báo Đầu Tư English 2 month(s) ago 1 related news

Toshiba’s colossal loss and the resulting distrust of creditors may negatively affect its operations in Vietnam and raise a question about the future of its plans here.

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Toshiba warns of huge losses in US nuclear power unit

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Báo Đầu Tư English 2 month(s) ago

Toshiba warned Tuesday it was on track to book a $6.2 billion writedown in its US nuclear power business, prompting its chairman to resign as it hinted at a fresh accounting scandal.

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Significant room remains for foreign investors in Vietjet

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Báo Đầu Tư English 2 month(s) ago

Vietnam’s low-cost airline Vietjet’s recently issued 2017 listing prospectus shows that there is about 25 per cent room left for foreign investors, to reach its 49 per cent foreign ownership limit.

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Stocks draw TPP-vacated foreign interest

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Báo Đầu Tư English 2 month(s) ago

Despite geo-political uncertainties around the globe, the Vietnamese stock market is poised for strong growth this year thanks to a flurry of new listings and the government’s drive to develop the market. Bill Stoops, chief investment officer at Dragon Capital, shared his thoughts on the situation with VIR’s Nam Phuong.

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Yamaha Vietnam keeps Hong Leong Industries on track

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Báo Đầu Tư English 2 month(s) ago 1 related news

Yamaha Vietnam’s strong earnings outweigh Hong Leong Industries Bhd.’s weaker building materials division.

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European stock markets rise on Wall Street, stronger dollar

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Báo Đầu Tư English 2 month(s) ago

LONDON: Global stock markets headed higher on Tuesday (Feb 7), driven by a stronger dollar and a crop of upbeat earnings reports on Wall Street, traders said.

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