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Big Oil Books One Of Worst Years On Record
Earlier this week, BP reported a net loss of $5.7 billion for 2020, citing oil and gas price weaknesses and demand destruction by the pandemic. Exxon, for its part, booked the biggest loss in its modern history, at $20 billion, including an impairment ch
UK to apply to join trade pact with Australia, Canada and JapanThe UK is formally applying to join a major free trade area including Australia, Canada, Japan and Singapore.
International trade secretary Liz Truss said she will ask to become a member of the Comprehensive and Progressive Trans-Pacific Partnership (C
Ford Halts Focus Car Plant for Full Month Due to Chip Shortage
Ford Motor Co. is halting production of its most popular car model in Europe for a full month because of the shortage of semiconductors disrupting the world’s biggest automakers.
The automaker’s Focus factory in Saarlouis, Germany, will idle from J

The money, spread over three years and the entire globe, is welcome � but this is PR, not a product.
How Reality-TV Fame Handed Trump a $427 Million Lifeline
From the back seat of a stretch limousine heading to meet the first contestants for his new TV show �The Apprentice,� Donald J. Trump bragged that he was a billionaire who had overcome financial hardship.
�I used my brain, I used my negotiating skills
Microsoft to Buy Bethesda for $7.5 Billion to Boost XboxBethesda is the publisher of games like The Elder Scrolls, Doom and Fallout and also has at least two titles slated for debut next year. ZeniMax, based in Rockville, Maryland, owns several other studios across the globe, giving Microsoft�s Xbox business a
FinCEN Files Show Criminals Moved Billions As Banks WatchedA huge trove of secret government documents reveals for the first time how the giants of Western banking move trillions of dollars in suspicious transactions, enriching themselves and their shareholders while facilitating the work of terrorists, kleptocra
Trump backs proposed TikTok deal with Oracle, Walmart
U.S. President Donald Trump said Saturday he's given his 'blessing' to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns.
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