Oil giants post massive losses to cap off challenging 2020

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Oil giants post massive losses to cap off challenging 2020

The nation’s largest oil companies were expected to trim losses in the fourth quarter as crude soared above $50 a barrel amid the rollout of coronavirus vaccines. Instead, Exxon Mobil, Chevron and ConocoPhillips reported massive losses in the three months …
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Turkey Inflation Likely Inched Up Amid Commodity Price Pressures

… prices rose an annual 14.7% in January, a slight uptick from the previous month, according to the median of 21 forecasts in a Bloomberg survey.
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Shutout by allies, Canada will produce its own vaccines by the end of 2021

Ottawa (CNN) Canada says it has signed a tentative agreement with US vaccine firm Novavax to produce millions of doses of its Covid-19 vaccine candidate at a facility in Montreal. The agreement, announced Tuesday by Canadian Prime Minister Justin …
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25 best hotels in the US

Even though the COVID-19 pandemic has taken a hefty bite out of the hospitality sector, the US News & World Report has ranked the best hotels in the US. ADVERTISEMENT. In case you forgot what it’s like to stay at a hotel, the report analyzed hotels for their …
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UPS CEO Sees Wider Profit Margins in 2021 After 'Turning Point'

The results marked a “turning point” for UPS’s efforts to increase revenue faster than volume, Chief Executive Officer Carol Tome told analysts Tuesday after the company reported earnings. While UPS declined to venture a detailed financial …
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