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TechnipFMC Resumes Spinoff Plans Delayed by Last Years Oil Market Turmoil

2021-01-07 22:05:00| OGI

The transaction is expected to be structured as a spin-off of a majority stake in TechnipFMCs Technip Energies segment and completed in first-quarter 2021.

Tags: years market plans oil

 

TikTok CEO Mayer quits after 3 months following political turmoil

2020-08-27 08:35:00| Telecompaper Headlines

(Telecompaper) Kevin Mayer has resigned as CEO of TikTok, just over three months after taking the job, the New York Times reports. In a note to employees seen by the paper, Mayer said that a series of changes to TikTok's structure prompted him to leave. This follows the US government ordering a ban on doing business with TikTok's parent company, China-based ByteDance, and talks to sell TikTok's US operations. 

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TikTok CEO resigns amidst geopolitical turmoil

2020-08-27 02:00:00| Total Telecom industry news

When Kevin Mayer, previous head of streaming at Disney, became CEO of TikTok back in May, few could have predicted the strain he would come under almost immediately by the actions of the US government.   As the trade war between China and the US continues to rage, a new proxy battlefield is beginning to emerge in the form of the apps market…read more on TotalTele.com »

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Aker BP Postpones Oil Developments Amid Market Turmoil

2020-04-22 15:04:48| OGI

The company said, however, that the industrys recent proposal to make temporary adjustments to tax regulations could boost cash flow and increase activity.

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Oil price turmoil set to continue

2020-04-21 10:59:36| BBC News | Business | UK Edition

Coronavirus downturn has put major pressure on oil prices with demand slumping and storage running out.

Tags: price set continue oil

 

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