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Winter is coming for world’s airlines

If you think your summer holidays were lackluster in an era of pandemic-induced staycations, spare a thought for the world’s airlines. The industry typically earns some 40% of its profits in the third calendar quarter alone, as the surge in travel gives carriers the chance to finally fill up planes at prices that can pay off their wage, fuel and ...

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And Covid-19 is Big Oil’s asteroid strike

Covid-19 may do for Big Oil what the Chicxulub asteroid did for the dinosaurs when it struck Earth 66 million years ago. Much like the “terrible lizards,” Big Oil was already in decline before the novel coronavirus hit. The world in which they thrived is changing around them and they face multiple threats to their future health. But the outbreak’s ...

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Republicans have no points to talk about

When the coherent half of the Republican ticket participated in the vice presidential debate, it was an opportunity for viewers to learn what the future holds. Yes, Vice President Mike Pence may be a talking-point machine, but to a debate audience that’s a more useful device than a random-lie generator. You can learn things from talking points. There’s only one ...

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