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Schlumberger Cuts Executive Salaries, Reduces Workforce Amid Oil Price Crash

2020-04-01 15:15:23| OGI

Oilfield services provider Schlumberger on March 31 said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.

Tags: price executive oil crash

Spain eases portability freeze, prohibits price increases

2020-04-01 10:56:00| Telecompaper Headlines

(Telecompaper) The Spanish government has partially lifted the temporary ban on fixed and mobile number portability requests around two weeks after it was first imposed to halt the spread of the coronavirus. In response to the demands of certain operators and consumer associations including Facua, the government announced that operators are again authorised to port numbers if the activation process doesn't require the physical intervention of a technician or customer service representative.

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Coronavirus: Oil price collapses to lowest level for 18 years

2020-03-30 09:05:23| BBC News | Business | UK Edition

The price of crude sinks to $23 a barrel as demand plummets due to the coronavirus pandemic.

Tags: years price level lowest

Yarn Price Comparison: China vs. India and Pakistan (Weekly Report)

2020-03-27 19:13:06| EmergingTextiles.com

Cotton and polyester fiber prices have declined further in China where foreign demand for textiles and apparel is plunging in line with the global outbreak of the Covid-19. Textile activities are being sharply reduced in India and Pakistan, in the meantime. Our yarn comparison report offers a comprehensive view of the 30s and 32s carded yarns, in China, India, and Pakistan, in local currency and US$ terms every week over the last 12 months. 100% cotton, 100% polyester, and 100% viscose are being covered with all data available for download.

Tags: price report china india