Fiskars launches cost cuts to save 9-11 mln euros a year

HELSINKI, June 10 Mon Jun 10, 2013 3:14am EDT

HELSINKI, June 10 (Reuters) - Finnish kitchen utensils and tools group Fiskars said on Monday it was launching a cost-cutting programme aiming to save around 9-11 million euros ($11.9-14.5 million) a year.

It estimated non-recurring charges of around 25-30 million euros over the next two years. ($1 = 0.7564 euros) (Reporting by Helsinki newsroom)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.