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Spending cuts

More spending cuts at Shell after BG deal

Reuters - ‎13 hours ago‎
Royal Dutch Shell has cut its 2016 spending by another 10 percent after completing the $54 billion acquisition of BG Group, warning that low oil prices will continue to weigh.
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Shell cuts spending as profits fall

BBC News - ‎17 hours ago‎
Royal Dutch Shell has said it will cut its spending by another 10% this year as it warned lower oil prices were continuing to affect its business.
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Corbyn rails against “devastating” impact of Tory spending cuts

LabourList - ‎18 hours ago‎
Jeremy Corbyn today returns to his core anti-austerity message by launching a new attack on Tory spending cuts which have “devastated” public services.

BRIEF-Shell shares open up after spending cuts, better-than-expected Q1 results

Reuters - ‎19 hours ago‎
BRIEF-Shell shares open up after spending cuts, better-than-expected Q1 results. May 4 Royal Dutch Shell Plc : * Shares open up 0.6 percent after co makes further spending cuts for FY, posts better-than-expected Q1 results Further company coverage: ...
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Budget 2016: Turnbull, Morrison to lock in 10-year tax cuts

The Australian - ‎12 hours ago‎
Malcolm Turnbull will escalate the budget fight with Labor by using legislation to lock in a company tax cut in every year of the next decade, countering claims that the economic plan is only an “aspiration” and challenging Bill Shorten to vote for ...
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Tax revenue fall mars gains in spending cuts

The Australian - ‎May 3, 2016‎
There are a few major savings initiatives, such as pausing the indexation of Medicare benefits, imposing a further efficiency dividend on the public service and cuts to aged-care providers. Spending restraint lifts the total impact of savings over the ...
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Sprint Cuts Capital Spending 36% Amid Mobile Network Overhaul

Bloomberg - ‎May 3, 2016‎
Sprint, mired in debt and losses, plans to cut spending to $3 billion from $4.7 billion in fiscal 2015. While Chief Executive Officer Marcelo Claure maintains the mobile network is state-of-the-art enough to lure customers from Verizon Communications ...
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Malloy, Legislative Leaders Reach Deal On Deep Cuts, No Tax Increases

Hartford Courant - ‎22 hours ago‎
HARTFORD - Democratic legislative leaders announced a comprehensive budget deal late Tuesday night with Gov. Dannel P. Malloy that cuts spending deeply and does not raise taxes or fees to balance the nearly $20 billion package. After holding ...

Next Cuts Sales Outlook Again as Spending Outlook Worsens

Bloomberg - ‎19 hours ago‎
“Concerns around Brexit, a slowing labor market and lackluster wage growth are weighing on the minds of consumers,” said Richard Lim, CEO of Retail Economics.

Pemex Chief: Mexico's Oil Giant on Track to Meet Spending-Cut Goals

Wall Street Journal - ‎May 3, 2016‎
The rescue package is conditional on Pemex cutting spending by $5.8 billion this year, around 19% of last year's total spending. Mr. Gonzalez Anaya said he was confident the company would hit the target, slashing everything from the cost of renting oil ...
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Proposed Irish government to prioritise spending over tax cuts - document

Reuters UK - ‎May 3, 2016‎
DUBLIN Ireland's proposed minority government will use at least twice as much available resources on spending increases over tax cuts, an agreement between the country's two main parties seen by Reuters showed on Tuesday. Acting Prime Minister Enda ...

PRINCETON: Council uses accounting gimmicks, not spending cuts, to increase budget surplus

Packet Online - ‎May 2, 2016‎
Princeton officials, concerned about the long-term fiscal health of the town, will move money around the proposed $61.9 million budget to increase its surplus, or municipal savings, fund for next year. The Princeton Council is due to adopt the budget ...
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BP prepares deeper spending cuts as profits fall 80%

The Guardian - ‎Apr 26, 2016‎
The oil and gas company said it had already cut spending in the first quarter of the year, and expected to spend a total of $17bn (£11.7bn) in 2016.
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Ontario doctors rally over spending cuts

CTV News - ‎Apr 23, 2016‎
TORONTO -- Several hundred doctors and patients gathered outside the Ontario legislature on Saturday, calling for the governing Liberal party to "fund health, not scandals.
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No, Budget Cuts Aren't Why You're Waiting Hours To Get Through Airport Security

Investor's Business Daily - ‎16 hours ago‎
Passengers make their way through a Transportation Security Administration (TSA) check point at Salt Lake City International Airport in Salt Lake City, Utah.
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Latino Lawmaker Warns Puerto Rico Budget Cuts Could Hurt Zika Prevention - ‎9 hours ago‎
Forcing Puerto Rico to make more budget cuts will leave the island's residents more vulnerable to the Zika virus and hurt attempts to curb its spread in the mainland U.S.

Budget 2016: Tax cuts and metro rail spending on the table

The Australian Financial Review - ‎May 1, 2016‎
Budget 2016: Tax cuts and metro rail spending on the table. Share; Share via Email · Share on Google Plus · Post on facebook wall · Share on twitter · Post to Linkedin · Share on Reddit.

Hartford Superintendent Faces Public Ire Over Budget Cuts

Hartford Courant - ‎May 3, 2016‎
HARTFORD - Frustrated parents, school employees and residents took aim at Hartford Superintendent Beth Schiavino-Narvaez and the board of education Tuesday, decrying proposed budget cuts and criticizing the district's leadership. Narvaez came under ...

Spending Cuts May Speed Up Croatia's Euro Entry, Minister Says

Bloomberg - ‎Apr 28, 2016‎
Croatia plans to cut spending and reduce the budget deficit as part of an economic overhaul that the government expects to pave the way for euro adoption.

Spending on discounters' groceries hits seven-year low as superstores cut prices

Daily Mail - ‎19 hours ago‎
Consumer spending on groceries on offer has dropped to its lowest level in seven years as UK supermarkets take on the discounters with permanent price cuts, figures show. Just 29% of supermarket spending in April went on products with temporary price ...