News about 'cost'

Merkel faces attacks over cost of election pledges

Merkel faces attacks over cost of election pledges

May 31st, 2013 - 16:40h (CET +01.00)

BERLIN (AP) - German Chancellor Angela Merkel faced sharp attacks Friday over proposals that would increase government spending - pledges critics dismissed as blatant pre-election gifts that contradict her insistence on sound financial management. (S... [Full Article]

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Feds in NY: Costa Rica money biz a hub for crooks

Feds in NY: Costa Rica money biz a hub for crooks

May 29th, 2013 - 10:40h (CET +01.00)

NEW YORK (AP) - When an undercover agent posing as a new client sought to register at the currency transfer firm Liberty Reserve as "Joe Bogus" from "123 Fake Main Street" in "Completely Made Up City," no one at the comp... [Full Article]

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Breakaway Scotland to face high saver protection costs - UK study

Breakaway Scotland to face high saver protection costs - UK study

May 20th, 2013 - 10:50h (CET +01.00)

By William James LONDON (Reuters) - The cost of protecting Scottish savers would prove difficult to bear if the country broke away from the rest of the UK, a study by the Treasury said on Monday. The findings come in the latest paper from the British... [Full Article]

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Israeli leader under fire for costly lifestyle

Israeli leader under fire for costly lifestyle

May 14th, 2013 - 16:30h (CET +01.00)

JERUSALEM (AP) - Israel's prime minister is under fire for a costly lifestyle at taxpayers' expense, just as his government is slashing welfare benefits and raising taxes to cope with a huge budget deficit. (Source: Associated Press)... [Full Article]

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Lloyds to cut 850 jobs in drive to reduce costs

Lloyds to cut 850 jobs in drive to reduce costs

May 9th, 2013 - 17:00h (CET +01.00)

By Matt Scuffham LONDON (Reuters) - State-backed Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank since its 2008 bailout to around 35,000. Lloyds, 39 percent owned by the Bri... [Full Article]

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Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ

Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ

Apr 30th, 2013 - 01:00h (CET +01.00)

(Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal reported on M... [Full Article]

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Afghan troops hold their ground at high cost

Afghan troops hold their ground at high cost

Apr 27th, 2013 - 09:40h (CET +01.00)

FORWARD OPERATING BASE CONNOLLY, Afghanistan (AP) - The Americans could be spotted waiting for the Chinooks in the 2 a.m. darkness only by the shape of their night-vision goggles, as they shared a cigarette with glowing embers in quick drags among th... [Full Article]

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Baidu foresees rising costs as competition heats up

Baidu foresees rising costs as competition heats up

Apr 26th, 2013 - 08:10h (CET +01.00)

By Melanie Lee (Reuters) - Baidu Inc, China's largest search engine, will increase marketing expenditures for the rest of the year to counter competition from rival Qihoo 360 Technology, which may further put the brakes on profit growth. Baidu p... [Full Article]

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Nasdaq profits hurt by Facebook IPO costs, dark trading

Nasdaq profits hurt by Facebook IPO costs, dark trading

Apr 24th, 2013 - 19:20h (CET +01.00)

By John McCrank REUTERS - Nasdaq OMX Group Inc has set aside cash to reimburse firms harmed in Facebook Inc's botched market debut last May, and to possibly settle a regulatory probe into the matter, denting the exchange operator's first qu... [Full Article]

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Cost-cutting gives Credit Suisse a huge Q1 lift

Cost-cutting gives Credit Suisse a huge Q1 lift

Apr 24th, 2013 - 16:00h (CET +01.00)

BASEL, Switzerland (AP) - Swiss bank Credit Suisse Group said Wednesday that its cost-cutting efforts helped it record a huge jump in first-quarter profits compared with a year earlier. (Source: Associated Press)... [Full Article]

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