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Statoil to make two million tonnes of total CO2 cuts planned for NCS
2016-08-19 01:00:00| Offshore Technology
Statoil has announced that the company will account for two million tonnes of the total greenhouse gas emissions cuts planned for the Norwegian Continental Shelf (NCS).
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total
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Nokia Cuts Price of OZO VR Camera
2016-08-18 18:02:53| PC Magazine Digital Cameras Product Guide
In conjunction with its China launch, the company knocked $15,000 off the gadget price, but it's still pricey.
Cisco confirms plans for 5,500 job cuts, Q4 sales fall 2%
2016-08-18 08:23:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal fourth quarter to July down 2 percent year-on-year to USD 12.6 billion. Excluding the sale of its set-top box business, revenue was up 2 percent from a year ago. Net profit jumped 21 percent to USD 2.8 billion, and EPS increased 24 percent to USD 0.56. Cisco also confirmed that it plans another round of restructuring in order to lower its cost base and reinvest the savings in priority areas such as security, IoT, collaboration, data centre and cloud. The restructuring will eliminate up to 5,500 positions, or around 7 percent of its global workforce.
Santander cuts interest by 1.5% on 123 account
2016-08-15 13:56:55| BBC News | Business | UK Edition
Millions of customers with Santander bank accounts are to receive a cut of 1.5% in the credit interest they are currently paid.
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santander
Report: Global FPSO deployment to be hit by spending cuts in upstream sector
2016-08-12 01:00:00| Offshore Technology
The persistent fall in crude oil prices is set to affect investments in offshore projects resulting in delays in the start of planned floating production, storage and offloading units (FPSOs), says a GlobalData report.
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global
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sector
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