Annual Archives - Zxcoachoutlet

EasyJet Flies Into First Annual Loss

October 8, 2020

EasyJet expects a pre-tax loss of up to ?845 million for its fiscal year just ended as coronavirus travel restrictions slam passenger demand, the British no-frills airline said Thursday.

It forecast a loss for the year to September 30 of between ?815 million and ?845 million ($1.04 billion and $1.08 billion), adding that its flight capacity should reach only about 25 percent in the final three months of 2020.

Updating on EasyJet’s first ever annual loss, chief executive Johan Lundgren urged the UK government to do more to support the country’s ailing aviation sector.

“At the beginning of this year, no one could have imagined the impact the pandemic has had on the industry,” Lundgren said in Thursday’s trading update.

“Aviation continues to face the most severe threat in its history and the UK government urgently needs to step up with a bespoke package of measures to ensure airlines are

WEF Says 2021 Annual Meeting to Take Place in Lucerne in May

October 7, 2020

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(Bloomberg) — The World Economic Forum announced its 2021 annual meeting will be held in Lucerne-Buergenstock, Switzerland, after organizers postponed the usual gathering in the ski resort of Davos due to the pandemic.

a close up of a sign: A logo sits on a window at the entrance hall of the Congress Center ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, Jan. 20, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24.

© Bloomberg
A logo sits on a window at the entrance hall of the Congress Center ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, Jan. 20, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 – 24.

The meeting under the banner “The Great Reset” is scheduled to take place from May 18 to May 21, the WEF said on Wednesday.

The Buergenstock resort is located on a mountain overlooking lake Lucerne, in the center of Switzerland, and has conference capacity for more than 600 guests. There is only one main access road, but visitors can also arrive

Bayer Plans To Cut Over EUR 1.5 Bln Of Annual Costs, Consider Sale Of Businesses

October 1, 2020

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(RTTNews) – Bayer (BAYZF.PK, BAYRY.PK, BYR.L) plans to cut more than 1.5 billion euros of annual costs as of 2024. The company may cut jobs and plans to exit non-strategic businesses or brands, as the coronavirus pandemic impacts its businesses. It expects to take a non-cash impairment charges on agricultural business, due to low commodity prices.

The new cost-savings program comes on top of annual savings of 2.6 billion euros as of 2022, which were announced in November 2018.

According to the company, the new cost-savings measures are currently in the early stages of development. The company will discuss with the relevant internal bodies, including employee representatives, and announce its final decision once it finalized.

The company plans to leave its dividend policy unchanged. But it expects payouts in coming years to be at the lower end of 30 percent – 40 percent of core earnings per share, rather than

Chemours Affirms its Dedication to Responsible Chemistry, Issues Third Annual Corporate Responsibility Commitment Report

September 30, 2020

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Company continues to advance its Corporate Responsibility Commitment goals through empowering employees to foster collective impact

WILMINGTON, Del., Sept. 30, 2020 /PRNewswire/ — The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in fluoroproducts, titanium technologies, and chemical solutions, today published its third annual Corporate Responsibility Commitment report, continuing the company’s commitment to responsible chemistry.

The company’s Corporate Responsibility Commitment is anchored by ten bold goals targeted for completion by 2030 that are aligned across three key pillars–Inspired People, Shared Planet and Evolved Portfolio. They cover eight key areas of focus that the company defines as follows:

Safety Excellence–Focusing on the safety of our people, communities and the environment around us

Vibrant Communities–Investing in our communities to improve lives through education, safety, and sustainable environment programs

Empowered Employees–Building an engaged global workforce to reflect the varied viewpoints and diversity of the communities in which

Origami Risk Named in Business Insurance’s Annual Best Places to Work in Insurance

September 29, 2020

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CHICAGO–(BUSINESS WIRE)–Sep 29, 2020–

Origami Risk LLC today announced it has been named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.

In earning this recognition from Business Insurance for the fifth consecutive year, Origami has now received more than two dozen such honors for workplace, innovation and service in recent years. The steady recognition reflects Origami’s strong commitment to hire and retain the insurance industry’s top talent, as well as to provide its colleagues with a collaborative culture and the support they need to deliver the highest level of service to its customers.

“At Origami, our focus on helping our clients succeed calls for recruiting and retaining the best people who are fully engaged and motivated by our distinctly collaborative and supportive culture,” said Nikki Facchini,

Toyota’s annual global electrified vehicles sales could reach 5.5 mln by 2025 -exec

September 29, 2020

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BEIJING, Sept 29 (Reuters) – Toyota Motor Corp’s 7203.T annual global sales of electrified vehicles could reach 5.5 million in 2025, five years earlier than initially planned, a senior company executive said at an industry conference on Tuesday.

Toyota in 2017 had announced a plan to sell 5.5 million electrified vehicles, including 4.5 million of hybrid and plug-in hybrid vehicles and 1 million electric and hydrogen fuel-cell vehicles, by 2030.

Seiya Nakao, chairman and president of Toyota China’s engineering and manufacturing, said auto electrification was progressing faster than expected and the top Japanese automaker thinks it can reach the target sooner.

A China-based Toyota spokesman said 2025 was not a formal company target now.

Toyota sold more than 10 million vehicles globally last year, including around 2 million electrified vehicles.

(Reporting by Norihiko Shirouzu and Yilei Sun; Editing by Himani Sarkar)

(([email protected]; +86 10 66271262; Reuters Messaging: [email protected]))

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Uniti Group Inc. to Participate in Deutsche Bank’s 28th Annual Leveraged Finance Conference

September 29, 2020

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The MarketWatch News Department was not involved in the creation of this content.

LITTLE ROCK, Ark., Sep 28, 2020 (GLOBE NEWSWIRE via COMTEX) —
LITTLE ROCK, Ark., Sept. 28, 2020 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, and Senior Vice President, Sales, Joe McCourt, are scheduled to participate in Deutsche Bank’s 28^th Annual Leveraged Finance Conference on October 6 & 7, 2020.

ABOUT UNITI

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.

INVESTOR AND MEDIA

CTG Announces Results of Annual Meeting of Shareholders

September 27, 2020

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Reiterates Recent Track Record of High-Level Performance and Successful Strategic Transformation

BUFFALO, N.Y., Sept. 21, 2020 (GLOBE NEWSWIRE) — CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced that CTG shareholders approved all proposals considered at the Company’s 2020 Annual Meeting of Shareholders by a significant margin, including the re-election of James R. Helvey, III and Owen J. Sullivan to the Board, compensation of named executive officers, ratification of the Company’s independent registered public accounting firm and ratification of the Company’s 2020 Equity Award Plan.

CTG issued the following statement:

On behalf of the CTG Board of Directors and senior management team, we thank shareholders for their ongoing support, and appreciate the constructive feedback that we continue to receive. CTG is committed to taking firm action to reach our strategic goals of increasing profitability, delivering