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GE to cut up to quarter of its aviation staff

2020-05-04 21:13:12| BBC News | Business | UK Edition

The air travel industry is preparing for a prolonged slowdown.

Tags: staff cut quarter aviation

 

Coronavirus: McDonald's seeks rent cut from UK landlords

2020-05-03 16:36:26| BBC News | Business | UK Edition

The fast food chain is in talks with property firms as it prepares to reopen some sites.

Tags: cut rent seeks mcdonalds

 
 

Coronavirus: Rolls-Royce 'to cut up to 8,000 jobs'

2020-05-02 16:41:54| BBC News | Business | UK Edition

The firm says it "needs to take action" after aircraft manufacturers cut production amid the pandemic.

Tags: jobs cut rollsroyce coronavirus

 

US Drillers Cut Oil Rigs for Seventh Consecutive Week

2020-05-01 19:25:45| OGI

Drillers cut 53 oil rigs in the week to May 1, bringing down the total count to 325, the lowest since June 2016, energy services firm Baker Hughes Co. said in its weekly report.

Tags: week cut oil consecutive

 

Ryanair may cut up to 3,000 jobs to survive virus

2020-05-01 08:48:25| BBC News | Business | UK Edition

The airline says it may shed staff as it restructures to cope with the pandemic.

Tags: jobs cut virus survive

 

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