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China pipeline giant to buy Kunlun assets

Bloomberg China’s pipeline network behemoth inked a $6.3 billion asset purchase in the latest step to bolster the nation’s energy security and break down market barriers. Kunlun shares surged on the news. Kunlun Energy will sell a 60% stake in a Beijing natural gas pipeline and a 75% stake in its Dalian LNG company for 40.9 billion yuan to the ...

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Why US airlines outrank restaurants in relief money

Does the airline industry have a rubber room? That was the name given to the place where teachers that New York City wanted to fire gathered each day; they collected a paycheck for doing absolutely nothing. The airlines are set to collect $15 billion as part of the new $900 billion Covid-19 relief package. The money is being described as ...

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Who will get Covid vaccine shot first!

Deciding who gets the Covid-19 vaccine — and who has to wait — will be no easy task. Essentially, authorities around the world are building myriad algorithms to assess who is important, who is most at risk, and how to balance those considerations. I have one piece of advice: Be as transparent as possible, to keep the discussion about priorities ...

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