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AstraZeneca's Covid-19 vaccine is not perfect, but will have a big impact on the pandemic, its chief executive said on Thursday.

The online supermarket says the Covid pandemic has permanently changed the grocery landscape worldwide.

Susannah Streeter, senior investment and markets analyst. Hargreaves Lansdown: As the world’s largest tourism and travel operator, TUI’s fragile financial position shows Covid-19 is still a treacherous tide threatening to drag the global travel industry’s recovery off course. Despite significant progress in reducing monthly cash burn, TUI posted a €699 million loss for the first quarter. Revenues were down 88% due to travel restrictions in European markets with many hotels in key winter...

Surge in pandemic data demand pushes up Vodafone revenues Vodafone has ended a run of quarterly declines with a 0.4 per cent rise in revenue. (AFP via Getty Images) Vodafone’s revenue rose for the first time since March as demand for high-speed broadband soared across Europe. The British-based mobile carrier saw revenue rise 0.4 per cent in the third quarter, outperforming the 0.2 per cent decline predicted by analysts. Shares leaped by 3.2 per cent as several analysts backe...

UPDATE 6-Pandemic pushes Exxon to historic annual loss, $20 bln cut in shale value Reuters 2/2/2021 Popular Searches * Reports net annual loss of $22.4 billion for 2020 * Environmentalists, activist investors pressure (Adds closing price) By Jennifer Hiller HOUSTON, Feb 2 (Reuters) - Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and the company reduced the value of shale gas properties by more than $20 billion. Exxon last year sla...

Exxon Mobil reports big 2020 loss, unveils low carbon business Toggle share menu Advertisement Exxon Mobil Results Share this content Bookmark NEW YORK: Exxon Mobil closed the books on a terrible 2020 on Tuesday (Feb 2), reporting losses in the fourth-quarter and for the full year in the wake of lower oil prices amid the COVID-19 crisis. The big US oil company, which has been criticized over the last year for both its financial performance and its approach to ren...

Exxon Mobil Reports Huge 2020 Loss As Changes Draw Mixed Reviews By John BIERS 02/02/21 AT 4:40 PM Exxon Mobil closed the books on a terrible 2020 on Tuesday, reporting losses in the fourth quarter and the full year in the wake of lower oil prices amid the Covid-19 crisis. Exxon Mobil, which has been criticized over the last year for both its financial performance and its approach to renewable energy investment, suffered a 2020 loss of $22.4 billion, after posting a profit of $14.3 billion ...

HOUSTON/BENGALURU (Feb 2): Exxon Mobil Corp on Tuesday posted a historic annual loss, after the Covid-19 pandemic hammered energy prices and reduced the value of the companys shale gas properties by more than US$20 billion. Exxon last year slashed spending on new projects by nearly a third, outlined plans to cut up to 15% of its workforce, while adding US$21 billion to its debt to cover the losses and restructuring. The changes come amid "the most challenging market conditions Exxon has ever ex...

High-tech veteran Guo Ming first noticed that change might be brewing in the highly cyclical sector for microchips in last year’s third quarter.. Read more at straitstimes.com.

Oil stalls for a third week Bloomberg Oil on Friday edged lower alongside a broader market decline as the recovery in consumption remains uncertain. The dip capped a third straight week with New York futures stuck near US$52 a barrel. West Texas Intermediate (WTI) for March delivery fell US$0.20 to US$52.14, down 0.25 percent from a week earlier. The sun is pictured behind a crude oil pump jack in the Permian Basin in Loving County, Texas, on Nov. 22, 2019. Photo: Reuters Brent crude for April...