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| Delta Air Lines Bought an Oil Refinery. It Didn't Go as Planned. Jet fuel is known as the steady eddy of the refinery business, a predictable profit maker that balances the seasonal gyrations of gasoline and diesel sales. But for airlines, it is a headache — a big and unpredictable expense that confounds managers. So Delta ... | |
| Pandemic wrecks global Class of 2020's hopes for first job LONDON — British fashion school graduate Phoebe St. Leger's dream of landing a job at a design label is on hold. Like many others in the global Class of 2020, the pandemic is clouding her career ambitions. Support our journalism. Subscribe today. | |
| Stocks on Wall Street drift from small gains to losses NEW YORK — Wall Street is drifting from small gains to losses on Monday after President Donald Trump announced several stopgap moves to aid the economy, following the collapse of talks on Capitol Hill for a bigger rescue package. Support our journalism ... | |
| Dollar struggles to sustain rally, eyes bond yields SYDNEY (Reuters) - The U.S. dollar was struggling to keep a rare rally together on Monday as its longest losing streak in a decade left much of the market structurally short of the currency and vulnerable to a squeeze on any upbeat news. FILE PHOTO: A U.S. ... | |
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| Turkish Lira's Fall Drives Concerns for Euro The lira's sharp drop in recent days is fueling concerns of a fallout that could spread beyond Turkey's borders. Next up: the euro. The lira has fallen almost 19% against the dollar this year, on pace for its steepest annual decline since 2018, when it lost more ... | |
| Saudi Aramco's Profit Plunges Amid Oil Slump: Live Updates A Saudi Aramco offshore oil platform in 2018. The giant oil company will continue paying a large dividend despite sharply lower profits.Credit...Mohamed Alebn Alshaikh/Saudi Aramco, via Agence France-Presse — Getty Images. Saudi Aramco, the world's ... | |
| Is oil giant BP finally ready to 'think outside the barrel'? For months, BP had planned this year's annual general meeting as a sleek presentation. The company's brand-new CEO would be onstage at London's ExCeL convention center, trumpeting his green revolution to hundreds of shareholders. But this being ... | |
| Will Richard Branson ever be Richard Branson again? New York (CNN Business) Richard Branson loves a challenge. The Virgin Group founder has built a reputation, and his more than $4 billion fortune, on the back of his willingness to take bold risks and venture into new areas of business. "Virgin loves to take ... | |
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