NYC Woos Young People; Connecticut Has Zero Deaths: Virus Update Bloomberg 1 hr ago Bloomberg News
(Bloomberg) New York is seeking to boost young people’s vaccination rates, with some venues set to offer “a shot for a shot” in the city’s campaign to target nightlife spots. The head of the U.S. Centers for Disease Control and Prevention encouraged parents to get their teens vaccinated.
Connecticut reported its first day without Covid-19 deaths since September, while hospitalizations in New York State declined to less than 1,000 for the first time since October.
Vaccinations reached 2 billion worldwide after slightly more than six months. The White House announced how it plans to allocate an initial 25 million surplus U.S. vaccines among global regions.
The rising hurdles for investment in upstream
How will the oil and gas industry spend its new-found cash flow? Early Q1 company results confirm our prediction that 2021 could prove to be a record year for free cash flow. All the indications are that companies are still fixating on capital discipline, using any surplus cash to pay down debt or buy back shares.
If and when the mood changes, there’s a sizeable pool of investment options in conventional oil and gas. But to progress in the current environment, these projects will have to meet both tough economic hurdle rates and increasing scrutiny against emissions reduction targets. Rob Morris, Principal Analyst Upstream Research team, shared his thoughts on the prospects for FIDs.
Business class was that silent and spacious sanctuary for the well-heeled, at least until the pandemic destroyed global aviation. But as flights creep back, this once-exclusive haven is being invaded, by the masses.
Flush with cash and a record number of air miles after a year on the ground, leisure travelers are splurging on premium seats for their first trips back. They re not just after the plated food, champagne and little cosmetics that typically come with the higher fares.
Rather, they re trying to minimize the risk of catching COVID-19 in the cheek-to-cheek jostle of coach.
Win back revenues
The popularity of these lucrative seats - especially among passengers who d usually shoehorn into economy - is an unexpected boon for airlines weathering a crisis that s forecast to have cost them a staggering $174 billion in losses by the end of 2021. As vaccinations roll out at pace in the Middle East, the UK and the US, free-spending vacationers are emerging as a new market to explo