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Petrobras Warns Economy Has Changed Forever as It Books Massive Impairment

2020-05-15 14:53:46| OGI

The company wrote off the entire value of its shallow-water assets and said it did not expect to resume production at six high-cost production assets currently for sale.

Tags: books changed economy forever

Mexicos Pemex Posts Massive $23.6 Billion 1Q Loss

2020-04-30 19:27:03| OGI

The quarterly loss far exceeded the 35.7 billion peso loss during the January to March period last year and comes as the coronavirus pandemic has cratered demand for crude oil globally.

Tags: posts loss billion massive

Government COVID-19 Responses: 3 Massive Mistakes, 1 Huge Success

2020-04-06 19:59:34| TechNewsWorld

People don't trust their governments for a good reason. Governments lie to them regularly. In the ongoing COVID-19 event, we in the U.S. initially were told that there was little risk. The first 15 people who came to the U.S. with the virus soon would get well. We were advised to go about our day -- and many people did. They got on planes, departed for cruises, and went about their lives.

Tags: government success huge responses

Canadian Chamber of Commerce, StatCan partnering to create massive business conditions survey

2020-04-06 18:40:23| Canadian Plastics Headlines

The survey will examine issues like the impact that COVID-19 has had on businesses, changes that businesses have made to adapt to the ongoing situation, challenges they continue to face, and challenges they expect to face as the recovery begins. The post Canadian Chamber of Commerce, StatCan partnering to create massive business conditions survey appeared first on Canadian Plastics.

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