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Boohoo cuts ties with Pakistan supplier over pay claims
2020-12-23 13:38:00| Daily apparel & textile news and comment - from just-style.com
UK online fast fashion retailer Boohoo Group has suspended a supplier in Pakistan following an investigation that claimed workers are being paid well below the minimum wage and in "appalling conditions".
Tags: pay
claims
pakistan
supplier
Trump Administration Cuts Size of Arctic Land Offered for Oil Auction
2020-12-21 15:21:28| OGI
In a last-minute change, the Trump administration cut about 30% of the Arctic National Wildlife Refuge territory that it plans to auction off for oil exploration on Dec. 21.
Tags: size
land
administration
offered
Shell to Write Down Assets Again, Taking Cuts to More Than $22 Billion
2020-12-21 11:53:50| OGI
Royal Dutch Shell on Dec. 21 said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
Coronavirus: Coca-Cola restructuring cuts 2,200 jobs worldwide
2020-12-18 02:47:46| BBC News | Business | UK Edition
The soft drinks giant says it has had to speed up its restructuring plan due to the coronavirus.
Tags: jobs
worldwide
cuts
restructuring
OPEC Cuts 2021 Oil Demand Outlook Again Citing Pandemic Impact
2020-12-14 19:00:00| OGI
The prospect of a weaker demand recovery has already prompted OPEC and its allies, a group known as OPEC+, to slow the pace of its scheduled oil-output boost in 2021.
Tags: impact
oil
demand
outlook
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