Tuesday, April 5, 2016

UPDATE 2-Freeport-McMoRan axes 4 energy unit execs to cut costs

April 5 (Reuters) - Freeport-McMoRan Inc will axe

its four top oil and gas executives and re-absorb the unit as an

operating division, the mining and energy company said on

Tuesday, announcing a move to cut costs as it tries to slash its

$20 billion debt pile.

Read more

No comments:

Post a Comment