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Tag: slams
Baker Hughes Posts Second-Straight Quarterly Loss as Oil Slump Slams Demand
2020-07-22 15:12:50| OGI
Oilfield services provider Baker Hughes Co. posted its second quarterly loss for the year on July 22 and warned it was preparing for longer volatility after a slump in oil prices crushed demand for its services.
Beef production slams on the brakes
2020-05-26 15:31:00| Beef
Labor issues at packing plants will have impact into 2021 as industry works through feeder cattle.
Tags: production
beef
brakes
slams
US Shale Bust Slams Rural Economies as Oil Checks Shrivel
2020-05-26 11:20:00| OGI
The bust has erased tens of thousands of jobs in the drilling and service sectors, dried up local tax revenues and charitable largess that flowed along with crude oil to Texas, North Dakota and Oklahoma.
Tags: oil
rural
checks
economies
Huawei slams 'arbitrary and pernicious' US move to restrict supply chain
2020-05-18 14:24:00| Telecompaper Headlines
(Telecompaper) Huawei has slammed the Trump administration's move to restrict its access to global semiconductor supplies that use US equipment, IP or software. In a strongly-worded statement, the Chinese telecommunications giant described the US commerce department's decision to amend the longstanding foreign-produced direct product rule as "arbitrary and pernicious", adding that the US government's "discriminatory" actions could undermine a number of global industries as well as the trust international companies place in US technology and supply chains. "Ultimately, this will harm US interests," claimed Huawei.
Tags: move
supply
chain
arbitrary
Grim reality of severe global economic recession slams meat industry
2020-04-03 15:44:00| ThePigSite - Industry News
The mood of the global marketplace turned more sombre this week, following a grim assessment Tuesday afternoon by US President Trump regarding the COVID-19 outbreak.
Tags: global
industry
economic
reality
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