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FCC lists Huawei and ZTE as security threats, cuts access to govt subsidies
2020-07-01 02:00:00| Total Telecom industry news
The Federal Communications Commission (FCC) has announced the latest in a long string of sanctions against Chinese companies Huawei and ZTE, this time officially labelling them security threats. With today’s Orders, and based on the overwhelming weight of evidence, the Bureau has designated Huawei and ZTE as national security risks to America&rsquo…read more on TotalTele.com »
Tags: access
security
lists
cuts
Bankrupt Chesapeake Asks to Cancel Pipeline Contracts, Sets Drilling Cuts
2020-06-29 22:45:00| OGI
Chesapeake Energy separately said in a filing it plans to operate six to eight drilling rigs for the next two years, about half the 14 rigs active on average in the first quarter, as it battles a historic downturn in oil prices.
Tags: sets
cancel
contracts
cuts
Cirque du Soleil cuts 3,500 jobs to avoid bankruptcy
2020-06-29 21:42:49| BBC News | Business | UK Edition
The group says the coronavirus pandemic has forced it to cancel shows and lay off its artists.
Tags: jobs
avoid
cuts
bankruptcy
Oil Groups Boosted by Cuts to US Royalty Rates during Pandemic
2020-06-29 18:00:00| OGI
The Trump administration has slashed amounts oil and gas companies must pay for access on government-owned land during the COVID-19 pandemic.
Hunting Cuts 25% of Workforce To Counter Lower Oil Prices
2020-06-29 15:50:55| OGI
Oilfield services group Hunting Plc has cut its workforce by a fourth as low oil prices and weak demand slammed most of its business units in the second quarter, the company said on June 29.
Tags: prices
lower
counter
oil
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