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Halliburton to Slash 5,000 More Jobs Amid Oil Slump
2016-02-25 22:11:49| Oil & Gas - Topix.net
Oilfield services provider Halliburton Co , pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8%, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday. The more than 70% fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd .
Shale Oil Architect Predicts Doom for Some Drillers Amid Slump
2016-02-24 10:50:59| Energy - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Mark Papa, the former EOG Resources Inc. chief executive officer who helped create the shale industry more than a decade ago, said drillers are "grievously wounded" as crashing crude prices exact their toll.
Shale Oil Architect Predicts Doom for Some Drillers Amid Slump
2016-02-24 06:34:07| Oil & Gas - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Mark Papa, the former EOG Resources Inc. chief executive officer who helped create the shale industry more than a decade ago, said drillers are "grievously wounded" as crashing crude prices exact their toll.
Tom Tailor focuses on profit drive after FY slump
2016-02-23 16:43:00| Daily apparel & textile news and comment - from just-style.com
German fashion house Tom Tailor Group has said it will ramp up key steps in its 'Core' efficiency drive in a bif to improve its profitability after seeing its full-year profit plummet almost 100%.
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Standard Chartered shares slump on loss
2016-02-23 10:53:46| BBC News | Business | UK Edition
Shares in Standard Chartered plunged on Tuesday after the Asia-focused bank revealed a $1.5bn (1.1bn) loss
Tags: standard
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