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Executives agree pay cuts as thousand more staff suspended

2020-04-06 12:13:05| BBC News | Business | UK Edition

More executives agree pay cuts, as firms continue to suspend thousands of staff and slash wages.

Tags: pay staff agree thousand

 

IEA: Deep Oil Output Cuts Wont Offset Unprecedented Demand Loss

2020-04-06 11:10:00| OGI

Even with output cuts of 10 million bbl/d, the equivalent of 10% of global supply, oil inventories would still rise by 15 million bbl/d in the second quarter, IEAs Fatih Birol says.

Tags: loss deep oil output

 
 

BT pledges no coronavirus-related job cuts; CEO Jansen donates salary to charity

2020-04-06 10:57:00| Telecompaper Headlines

(Telecompaper) BT has committed to no job losses related to the coronavirus (Covid-19) crisis for the foreseeable future (at least the next three months), as well as a pay increase for 'team member' workers and pay freeze for managers.

Tags: to job ceo salary

 

Official: Trump Does Not Plan to Ask Oil Producers for Coordinated Cuts

2020-04-03 15:43:18| OGI

Administration awaits details of output reductions from Saudi Arabia and Russia.

Tags: plan official oil cuts

 

Texas Oil Regulator, Russia Energy Minister Discuss Oil Cuts

2020-04-02 21:30:00| OGI

A Texas oil and gas regulator on April 2 said he talked with Russian Energy Minister Alexander Novak about the possibility of both Russian and Texan producers' trimming production.

Tags: energy discuss texas oil

 

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