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Nexen, owned by China's CNOOC, to cut 400 jobs amid industry downturn

2015-03-17 19:07:19| Oil & Gas - Topix.net

Nexen Energy ULC, the Canadian company acquired by China's CNOOC Ltd. more than two years ago, says it's cutting 400 jobs. It says 350 of those will be in North America and the rest are with its U.K. North Sea operations.

Tags: jobs industry cut owned

 

Nexen, owned by China's CNOOC, to cut 400 jobs amid industry downturn

2015-03-17 18:55:23| Energy - Topix.net

Nexen Energy ULC, the Canadian company acquired by China's CNOOC Ltd. more than two years ago, says it's cutting 400 jobs. It says 350 of those will be in North America and the rest are with its U.K. North Sea operations.

Tags: jobs industry cut owned

 
 

Nato warships continue drills in Black Sea amid Ukraine crisis

2015-03-17 01:00:00| Naval Technology

Six warships from the US, Canada, Turkey, Germany, Italy and Romania have visited the Romanian port of Constanta to participate in Nato Black Sea exercises.

Tags: black continue sea ukraine

 

Telco chiefs ramp up pressure over cost of metadata retention amid silence from ministers

2015-03-16 07:22:39| Telecom - Topix.net

Australia's telco chiefs want Communications Minister Malcolm Turnbull and Attorney-General George Brandis to outline how much money government will contribute to metadata retention. A coalition of chief executives from major Australian internet and phone companies demanded in a letter on Monday that the Abbott government outline how much money it is going to give telcos to pay for the creation of its controversial metadata retention regime.

Tags: cost pressure silence retention

 

Amid fight over US Foods merger, Sysco lawyers prepare to take FTC to court

2015-03-12 19:36:02| Food - Topix.net

After the Federal Trade Commission blocked Houston-based Sysco Corp.'s $8.2 billion merger with Rosemont, Illinois-based US Foods for allegedly violating antitrust laws, Sysco is preparing for its next move. Sysco denies that the merger breaks antitrust or anticompetitive regulations.

Tags: to court fight prepare

 

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