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Daily Archives: October 5, 2018

Investors are wondering if Ryanair chief Michael O'Leary has lost his cost-killing touch

In 1995, soon after taking over as chief executive of Ryanair, Michael O’Leary wrote a characteristically plain-speaking memo. His mission to control costs would be “ruthless . . . at the expense of charm, style and elegance if necessary”. Mr. O’Leary has been true to his word: Ryanair’s hard-nosed culture has produced an airline with few frills but market-leading profitability ...

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South Africa banks: ITV – Capitec Bank

Capitec Bank, the growing rival to the ‘big four’ Since Viceroy, a research house linked to short sellers, produced a scathing report  in January on Capitec Bank,  the bank’s share price –  and its reputation – have been under pressure. Capitec rebutted Viceroy’s claims, which refer to it as a loan shark with understated defaults. Viceroy called on the Reserve ...

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ZimmCast 599 – BASF Cotton and Soybean Business

BASF is strongly in the cotton and soybean seed business since the acquisition of Stoneville and Fiber Max as a result of the Bayer-Monsanto deal, as well as soybean varieties such as Credenz and Liberty Link. The company has been holding several events and field days in the past month to meet with growers, retailers, and other stakeholders and talk ...

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Ford is planning cuts to its salaried workforce

Ford said Friday it is planning cut to its salaried workforce in an effort to make the company more efficient. div > > p:first-child”> The news was reported Friday in both the <a class="inline_asset" href="… Business News

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1 dead as 89,000 pounds of ham products are recalled over listeria concerns

A North Carolina company is recalling more than 89,000 pounds of ready-to-eat ham products for possible listeria contamination that has led to one death and three illnesses. Johnson County Hams of Smithfield, North Carolina, has recalled the products, produced between April 3, 2017, and Oct. 2, 2018, according to the Department of Agriculture. The ready-to-eat deli-loaf ham items, which weighed ...

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