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Head of Asda's George to step down amid HQ cuts
2016-01-20 12:48:00| Daily apparel & textile news and comment - from just-style.com
Fiona Lambert, the head of Asda's George clothing division, is to step down from her role amid a structural review at the UK retail group that will see hundreds of head office jobs cut.
E.On cuts standard gas price by 5.1%
2016-01-20 08:37:48| BBC News | Business | UK Edition
Energy firm E.On announces a 5.1% reduction in its standard gas price, which it says is the equivalent of 32 off the average annual bill.
Husky Energy cuts spending, scraps quarterly dividend amid oil rout
2016-01-20 01:13:00| Oil & Gas - Topix.net
Husky Energy is cutting $800 million from its capital spending plans for this year and suspending its dividend as it copes with the deep rout in crude prices. Husky's capital budget for 2016 is now pegged at between $2.1 billion and $2.3 billion, down from a previous range of $2.9 billion to $3.1 billion.
Tags: energy
oil
spending
quarterly
Statoil cuts capital expenditure at Johan Castberg oilfield in Barents Sea
2016-01-20 01:00:00| Offshore Technology
Statoil has reduced its planned capital expenditure to around $6bn for the delayed Johan Castberg oilfield in the Barents Sea.
Potash Corporation of Saskatchewan suspends New Brunswick operation, cuts jobs
2016-01-19 17:54:06| Chemicals - Topix.net
Amid weak global markets for fertilizer products, Potash Corporation of Saskatchewan shut down its Picadilly mine in southern New Brunswick for an indefinite period Tuesday, eliminating up to 430 high-paying jobs. "This is a very difficult day for our employees and our company," PotashCorp. CEO Jochen Tilk said in a statement.
Tags: jobs
operation
corporation
cuts
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