Mattoo Rani 1007 posts

Clothing brand Gap has fired top woman Sonia Syngal for mismanagement. The American group struggled with significantly increased transport costs for some time and had to offer increasingly higher discounts to sell its much too large stocks.…
Read More...

Shell will shut down liquefied natural gas (LNG) production at a major project in Australia due to worker strikes. Sources reported this to the Bloomberg news agency. As a result of these actions, the gas from the floating…
Read More...

Russia also wants full control of the major oil and gas project Sakhalin-1, in the far east of the country. Russian President Vladimir Putin signed a decree last week giving Moscow full control of the other major gas and oil project,…
Read More...

German carmaker Volkswagen has appointed a manager to ensure compliance with human rights regulations. The new manager, Kerstin Waltenberg, is part of the compliance department and reports directly to the board of directors, the…
Read More...

The Nigerian secretary-general of the oil cartel OPEC, Mohammed Barkindo, died Tuesday evening. Barkindo met with Nigerian President Muhammadu Buhari earlier in the day, who praised him for his work at OPEC. His death was announced…
Read More...

South Korea plans to build new nuclear reactors and extend the life of ten other reactors to help reduce the country's CO2 emissions. Nuclear energy must also secure South Korea's energy supply. The new reactors should be ready by…
Read More...