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Tag: spending cuts
Chesapeake Energy cuts spending plans, again, shares slide
2015-11-04 23:03:43| Oil & Gas - Topix.net
Chesapeake Energy slashed its spending plans for the second time this year after posting third-quarter losses of $4.6 billion as it wrote down the value of its oil and natural gas fields. Natural gas prices have been almost halved in the past year and shares of Chesapeake have fallen even faster, giving up another 8 percent Wednesday.
Tags: plans
energy
shares
slide
Brazil cuts spending and raises taxes
2015-09-15 01:46:49| BBC News | Business | UK Edition
Brazil announces $7bn of spending cuts and the return of an unpopular financial transactions tax to try to plug a huge black hole in the budget.
Tags: brazil
taxes
spending
cuts
Spending cuts 'too fast and too far'
2015-08-23 10:35:29| BBC News | Business | UK Edition
The finance ministers of Scotland, Wales and Northern Ireland warn that UK government spending cuts are moving "too fast and too far".
Shell Cuts 6,500 Jobs and Slashes Spending on Prolonged Downturn
2015-07-30 20:39:01| Energy - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Royal Dutch Shell Plc said it's preparing for a "prolonged downturn" by cutting thousands of jobs and slashing billions of dollars in investments over the next two years.
Tags: jobs
shell
spending
cuts
Shell Cuts 6,500 Jobs and Slashes Spending on Prolonged Downturn
2015-07-30 20:13:43| Oil & Gas - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Royal Dutch Shell Plc said it's preparing for a "prolonged downturn" by cutting thousands of jobs and slashing billions of dollars in investments over the next two years.
Tags: jobs
shell
spending
cuts