Harley books US$75 million in fresh restructuring costs, discontinues India operations

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to ...

U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.

The logo of U.S. motorcycle company Harley-Davidson is seen on one of their models at a shop in Paris, France, August 16, 2018. REUTERS/Philippe WojazerREUTERS: U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.Advertisement

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's Reliance says KKR to invest US$755.1 million in retail armU.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees (US$755.09 million) in Reliance Industries Ltd's retail arm, giving the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

KKR to invest US$755 million in retail arm of India's RelianceU.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees (US$755.09 million) in Reliance Industries Ltd's retail arm, giving the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Gilead to pay US$97 million to settle US kickback probeGilead Sciences Inc has agreed to pay US$97 million to resolve U.S. government claims it used a purportedly independent charity to pay illegal ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Australia's Westpac bank to pay record fine for money-launderingAustralia's Westpac bank has agreed to pay a record AU$1.3 billion (US$923 million) fine for more than 23 million breaches of money-laundering ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Volkswagen to compensate victims of Brazil dictatorship: ReportGerman carmaker Volkswagen will pay about 36 million reais (US$6.5 million) in compensation to more than 60 former employees who were persecuted ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

TSMC warns China-US deleveraging will drive up costsThe deleveraging of China-U.S. supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »