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Tag: slumps
Shell to cut up to 9,000 jobs as oil demand slumps
2020-09-30 08:44:39| BBC News | Business | UK Edition
The move comes five months after it cut its dividend for the first time since World War Two.
World merchandise trade slumps in second-quarter
2020-09-24 11:36:00| Daily apparel & textile news and comment - from just-style.com
World merchandise trade volumes slumped by 14.3% in the second quarter of the year, as Covid-19 containment measures affected economies around the world, according to new figures from the World Trade Organization (WTO).
Tags: world
trade
merchandise
world trade
Whitbread to cut 6,000 jobs as hotel demand slumps
2020-09-22 09:00:19| BBC News | Business | UK Edition
The owner of Premier Inns has warned that almost 20% of its workers could be laid off.
Boohoo slumps as suppliers flout minimum wage law
2020-09-01 13:51:00| Daily apparel & textile news and comment - from just-style.com
At least 18 of Boohoo's suppliers are alleged to have flouted UK minimum wage laws, and some have been accused of employing immigrants without the proper right-to-work documentation.
Tags: law
minimum
suppliers
wage
Coronavirus: Rolls-Royce reports record loss as travel slumps
2020-08-27 09:56:12| BBC News | Business | UK Edition
The company, which makes engines for planes, is cutting jobs and selling assets to bolster its finances.
Tags: travel
reports
record
loss
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