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Aker BP Eyes Layoffs Amid Oil Price Crash, Coronavirus

2020-03-27 14:06:06| OGI

Aker BP, 30% owned by BP, said on March 23 it would cut its planned 2020 capital spending by 20% but kept its production guidance unchanged.

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The Coca-Cola Co eyes COVID-19 rebound with pledge to keep staff

2020-03-25 16:02:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has no plans to lay off staff, according to CEO James Quincey, despite warning that the world is "still at the beginning of the beginning" of the coronavirus outbreak.

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Occidental Reportedly Eyes Former CEO Stephen Chazen For Chairman Role

2020-03-20 21:05:00| OGI

Steve Chazens appointment is being considered to appease Carl Icahn, who has been battling the Occidental board over its acquisition of Anadarko Petroleum, the Wall Street Journal reported.

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BP Eyes Lower Spending After Shares Drop To 24-Year Low

2020-03-13 20:25:59| OGI

BP is seeking to reduce spending after the collapse in oil prices sent its shares to their lowest in 24 years, CEO Bernard Looney said on March 13.

Tags: low lower eyes drop

 

US eyes law to ban Xinjiang forced labour goods

2020-03-12 12:09:00| Daily apparel & textile news and comment - from just-style.com

US lawmakers have proposed legislation that will ban goods made with forced labour in in China's Xinjiang region from entering the country.

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