United Airlines said Wednesday that it finished one of the worst years in its history by losing $1.9 billion in the last three months of 2020, and it predicted more of the same in the first quarter of this year.
China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections.
Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president.
Turkish prosecutors on Wednesday sought the maximum possible 12 years in prison each for a Turkish private airline official and two pilots accused of smuggling the former Nissan Motor Co. chairman out of Japan, Turkey’s state news agency reported.
Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and testing might salvage something of the upcoming summer travel season.
Tens of thousands of American tourists who descended on Mexico's glittering Caribbean beaches at the close of 2020 and start of this year. Quintana Roo state, the country’s tourism crown jewel, home to Cancun, the Riviera Maya and Tulum, received 961,000 tourists during that stretch — nearly half from the U.S. — down only 25% from the previous year.