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Edison, Energean Cut Oil Deals Value by Two Thirds

2020-06-29 19:30:00| OGI

Mediterranean-focused Energean last year agreed to buy the oil and gas operations of Edison for up to $850 million, but the parties agreed to revise the deal because of the amendments and a weaker price outlook.

Tags: deals cut oil thirds

 

British Airways: Long-serving cabin crew face 20% pay cut

2020-06-26 14:49:14| BBC News | Business | UK Edition

The airline tell its longest-serving cabin crew the pay cut is vital to protect jobs.

Tags: pay face cut british

 
 

Macy's restructuring to cut another 3,900 jobs

2020-06-25 16:56:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's Inc is axing a further 3,900 corporate and management jobs as it tries to bring costs in line with falling sales.

Tags: jobs cut restructuring macys

 

Royal Mail set to cut 2,000 management jobs

2020-06-25 09:55:33| BBC News | Business | UK Edition

The postal service was already facing challenges before the coronavirus pandemic.

Tags: mail set management jobs

 

Jet2 and Eurostar cut summer flights and trains

2020-06-24 19:09:36| BBC News | Business | UK Edition

The travel firms blame service cuts on falling demand and difficulties implementing protection measures.

Tags: cut summer flights trains

 

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