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Spending cuts

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British Airways Owner Cuts Capacity, Reviews Spending on Brexit ...

Bloomberg - ‎14 hours ago‎
British Airways parent IAG SA will cut capacity and put spending under review in the wake of the U.K.'s decision last month to quit the European Union, with the ...

Suez Deepens Spending Cuts to Meet 2016 Earnings Targets

Bloomberg - ‎Jul 28, 2016‎
Suez SA, the French waste and water-treatment company, will deepen spending cuts and put acquisitions on the back burner as it strives to meet 2016 earnings goals amid sluggish European demand.
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Statoil Cuts Spending After Posting a Net Loss

Wall Street Journal - ‎Jul 27, 2016‎
OSLO—Norway's Statoil AS STO -3.39 % A said Wednesday it would cut capital expenditure by 8% to $12 billion this year compared with previous guidance, as the oil and gas producer swung to a second-quarter net loss on the year amid weak prices and ...

Employers' Council starts campaign for huge spending cuts

The Telegram - ‎Jul 23, 2016‎
Alexander said he's hopeful the government will press for deep cuts to public spending in that second budget. “Would it be bad for our province to have spending of the average Canadian province? We don't think so,” Alexander said. In fact, according to ...
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IMF calls for more government spending as rate cuts lose their impact

The Guardian - ‎Jul 22, 2016‎
The International Monetary Fund has called on G20 nations to boost government spending as the impact of ultra-low interest rates begins to reach its limits in developed countries.
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Russia mulling 'energy, sports, industry spending cuts'

CNBC - ‎Jul 20, 2016‎
Russian government officials have begun a series of talks to discuss spending cuts to energy, sports, science, industry and transport, according to Russian media reports.

Statoil Cuts Spending; Posts a Net Loss–Energy Journal

Wall Street Journal (blog) - ‎Jul 27, 2016‎
STATOIL CUTS SPENDING AFTER POSTING A NET LOSS. The energy industry's earnings season is in full swing as major companies report their quarterly financial results.

Cash-strapped Italian Mafia cuts spending on drug pushers and family support

Telegraph.co.uk - ‎Jul 25, 2016‎
On the streets of Rome crime doesn't pay - or at least not like it once did. One of the city's most feared local mafia clans has been forced to cut spending after 37 of its alleged members were arrested by police in recent raids. The Cordaro clan has ...

Saskatchewan health region takes scalpel to spending, but no job cuts

MetroNews Canada - ‎Jul 21, 2016‎
The $1.04-billion operating budget calls for a reduction in spending of about $12 million from last year. The province is providing $10.3 million to offset inflation and demographic changes, and authority president and CEO Keith Dewar says there will ...

Funding pensions: Try spending cuts, not another penny from taxpayers! (Guest column)

New Jersey 101.5 FM Radio - ‎Jul 27, 2016‎
Funding pensions: Spending cuts, not another penny from taxpayers! By Assemblywoman Donna M. Simon. It's only fair that the State of New Jersey keep its promises to tens of thousands of Donna_simon retirees regarding their pension payments.
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IMF calls for more UAE targeted spending amid slowing growth forecast

The National - ‎Jul 21, 2016‎
The IMF has confirmed its forecast for a sharp slowdown in economic growth in the UAE this year and called for further government spending cuts to deal with the adjustment to a lower oil revenue future. The IMF executive board report, which is the ...

Wasteful Spending for Trump to Cut

Cato Institute (blog) - ‎Jul 22, 2016‎
Presidential candidate Donald Trump says that he will balance the federal budget while also cutting taxes. Given that the gap between federal spending and revenues is more than $500 billion and rising, he is going to need lots of spending cuts to make ...

Funding pensions: Spending cuts, not another penny from taxpayers!

TAPinto.net - ‎20 hours ago‎
It's only fair that the State of New Jersey keep its promises to tens of thousands of retirees regarding their pension payments.
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Trump's Massive Tax Cuts and New Spending Alarm Fiscal Conservatives

The Fiscal Times - ‎Jul 22, 2016‎
But for the next 74 minutes or so, Trump spun out a hodgepodge of spending and tax cut proposals that cheered many of the convention goers but alarmed fiscal conservatives who warned that Trump could drive the debt much higher if he is elected ...
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Budget plan includes more police officers despite citywide spending cuts

Columbia Daily Tribune - ‎Jul 22, 2016‎
Departments making cuts have mostly been “nickel and dime-ing” projects and spending to save money, Matthes said, though not every budget cut proposal was approved. The police department, for example, planned to cushion some of about $840,000 in ...

Oil spending cuts bring more stability to volatile industry

Houston Chronicle - ‎Jul 18, 2016‎
The industry cut spending faster than it lost money on expensive shale plays. Thirty-nine companies surveyed by the Energy Information Administration spent about $60 billion just before oil prices crashed, and they collected about $40 billion in income.
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Brexit has prompted cuts in spending and hiring, UK CFOs say

The Independent - ‎Jul 18, 2016‎
Business confidence among UK chief financial officers plunged in the wake of the country's vote to leave the European Union, with more than four in five expecting to cut capital spending and reduce hiring over the next year, a survey showed. Accounting ...
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BHP Says 2017 Iron Ore Output May Be Flat, Cuts Oil Spending

Bloomberg - ‎Jul 20, 2016‎
BHP Billiton Ltd., the world's biggest mining company, forecast that iron ore production could be flat this fiscal year, while it sees petroleum output declining as much as 17 percent and the prices of its top earning materials remaining volatile ...
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Drillers closing financial gap with spending cuts

FuelFix (blog) - ‎Jul 18, 2016‎
HOUSTON - After two years of deep spending cuts, U.S. oil companies have reduced a big gap between the cash they spend on drilling and the income from producing oil.

Panjab University cuts spending by Rs 15 crore

Chandigarh Tribune - ‎Jul 26, 2016‎
As per the revised estimates, which will be tabled before the Board of Finance on August 1, the university has cut its expenditure on its employees by Rs 18 crore.
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