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Tag: turmoil
TechnipFMC Resumes Spinoff Plans Delayed by Last Years Oil Market Turmoil
2021-01-07 22:05:00| OGI
The transaction is expected to be structured as a spin-off of a majority stake in TechnipFMCs Technip Energies segment and completed in first-quarter 2021.
TikTok CEO Mayer quits after 3 months following political turmoil
2020-08-27 08:35:00| Telecompaper Headlines
(Telecompaper) Kevin Mayer has resigned as CEO of TikTok, just over three months after taking the job, the New York Times reports. In a note to employees seen by the paper, Mayer said that a series of changes to TikTok's structure prompted him to leave. This follows the US government ordering a ban on doing business with TikTok's parent company, China-based ByteDance, and talks to sell TikTok's US operations.
Tags: months
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mayer
TikTok CEO resigns amidst geopolitical turmoil
2020-08-27 02:00:00| Total Telecom industry news
When Kevin Mayer, previous head of streaming at Disney, became CEO of TikTok back in May, few could have predicted the strain he would come under almost immediately by the actions of the US government. As the trade war between China and the US continues to rage, a new proxy battlefield is beginning to emerge in the form of the apps market…read more on TotalTele.com »
Tags: ceo
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Aker BP Postpones Oil Developments Amid Market Turmoil
2020-04-22 15:04:48| OGI
The company said, however, that the industrys recent proposal to make temporary adjustments to tax regulations could boost cash flow and increase activity.
Tags: market
oil
developments
amid
Oil price turmoil set to continue
2020-04-21 10:59:36| BBC News | Business | UK Edition
Coronavirus downturn has put major pressure on oil prices with demand slumping and storage running out.