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Norway Plans $369 Million Green Industry Investments

2020-05-29 14:59:56| OGI

The Norwegian government proposes spending 3.6 billion Norwegian crowns (US$369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on May 29.

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Coronavirus: EasyJet plans thousands of job cuts

2020-05-28 09:55:38| BBC News | Business | UK Edition

The airline says up to 30% of its workforce will go as it struggles with the slump in demand for air travel.

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Sizewell C: Nuclear power station plans for Suffolk submitted

2020-05-27 01:12:56| BBC News | Business | UK Edition

Critics say EDF's plans would take money from projects that could transform the UK energy landscape.

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M&S plans near-sourcing after 75% clothing sales hit

2020-05-20 12:42:00| Daily apparel & textile news and comment - from just-style.com

Marks & Spencer is to accelerate transformation after taking a 75% sales hit on clothing sales during the lockdown, with plans to bring in third-party clothing brands, and introduce a faster, 'near-sourcing' supply chain.

Tags: sales hit plans clothing

 

Altice Media plans to reduce workforce, close sports news channel

2020-05-20 10:29:00| Telecompaper Headlines

(Telecompaper) Altice France has presented a restructuring plan for its subsidiary Altice Media, triggered by the impact of the Covid-19 crisis. Trade unions representatives have been informed that the restructuring will start with job cuts based on a voluntary redundancy plan. While details of the measures will be released in the coming weeks, the company said that it will reassess its entire media business and has already identified several areas, including sports, where investment will be cut. Among them, athletics, tennis and horseracing will no longer feature in Altice Media's content strategy.

Tags: news media sports close

 

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