Benzinga Before The Bell: Record Inflows In ''Short Bitcoin'' Funds, Elon Mus''s Trillionaire Possibility, Gmail''s Political Bias And Other Top Financial Stories Tuesday, July 5
Reuters Norwegian Offshore Workers’ Strike To Hit Norway’s Oil Gas Output Norwegian offshore oil and gas workers went on strike over pay after the members of the Lederne trade union voted down a proposed wage agreement that companies and union leaders had negotiated, Reuters reported. “The strike has begun,” Audun Ingvartsen, the leader of the Lederne trade union, said in an interview, adding that the union would escalate the strike to pressure employers to address demands for the wage increase. Equinor ASA (NYSE: EQNR ) has started to shut down the Gudrun, Oseberg South, and Oseberg East fields in the North Sea due to a strike. Pilot Strike Forces SAS To File For Chapter 11 Bankruptcy In US Scandinavian airline SAS AB (OTC: SASDY ) has filed for bankruptcy protection in the U.S. to help accelerate restructuring plans. Wage discussions between SAS and its pilots collapsed, sparking a strike that would add to travel disruption across Europe, Reuters reported. A strike by SAS pilots has accelerated the airline’s decision to file for Chapter 11 bankruptcy protection in the U.S., the report quoted the airline’s CEO, Anko van der Werff.
Benzinga Before The Bell: Record Inflows In ''Short Bitcoin'' Funds, Elon Mus''s Trillionaire Possibility, Gmail''s Political Bias And Other Top Financial Stories Tuesday, July 5
Reuters Norwegian Offshore Workers’ Strike To Hit Norway’s Oil Gas Output Norwegian offshore oil and gas workers went on strike over pay after the members of the Lederne trade union voted down a proposed wage agreement that companies and union leaders had negotiated, Reuters reported. “The strike has begun,” Audun Ingvartsen, the leader of the Lederne trade union, said in an interview, adding that the union would escalate the strike to pressure employers to address demands for the wage increase. Equinor ASA (NYSE: EQNR ) has started to shut down the Gudrun, Oseberg South, and Oseberg East fields in the North Sea due to a strike. Pilot Strike Forces SAS To File For Chapter 11 Bankruptcy In US Scandinavian airline SAS AB (OTC: SASDY ) has filed for bankruptcy protection in the U.S. to help accelerate restructuring plans. Wage discussions between SAS and its pilots collapsed, sparking a strike that would add to travel disruption across Europe, Reuters reported. A strike by SAS pilots has accelerated the airline’s decision to file for Chapter 11 bankruptcy protection in the U.S., the report quoted the airline’s CEO, Anko van der Werff.