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Li & Fung restructuring with job cuts
2020-06-08 18:13:41| Daily apparel & textile news and comment - from just-style.com
Less than two weeks after taking its business private, Hong Kong based sourcing giant Li & Fung is restructuring in a move that will potentially see the loss of more than 150 jobs.
Tags: job
cuts
restructuring
fung
Analysts: Oil Price Rally to Continue as OPEC+ Extends Output Cuts
2020-06-08 04:00:00| OGI
Following the deal, oil prices will continue rallying throughout the month of June, averaging at around $43/bbl for Brent and $30/bbl for WTI, analyst says.
Tags: price
continue
oil
output
Rolls-Royce confirms 3,000 job cuts across the UK
2020-06-03 19:45:03| BBC News | Business | UK Edition
The cuts, which are part of a previously announced cost-saving plan, follow a dive in demand for jet engines.
Saudi, Russia Reach Deal on Oil Cuts
2020-06-03 15:25:35| OGI
Preliminary pact raises pressure on other OPEC+ members to comply.
Coronavirus Demand Destruction Cuts US LNG Exports to 13-month Low
2020-06-03 11:10:00| OGI
U.S. prices are less favorable than in the past, making it less attractive for overseas buyers. Buyers in Asia and Europe have canceled over 20 U.S. LNG cargoes for both June and July, with more anticipated.
Tags: low
demand
cuts
destruction
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