Canadian energy company Enbridge reported a higher EBIDTA for the fourth quarter of 2020. The EBITDA improved by C$15 million to C$ 3.2 billion in Q4. It also hiked its quarterly dividend payout by 3 percent to C$ 0.835 per share, straight 26th successive annual rise.
Tesla's Chinese New Year Software Update Includes TikTok
World’s largest EV maker Tesla unveiled a new software update in China that contains the social media app, TikTok. This was rolled out just in time for the beginning of the Chinese New Year 2021.
* Air Canada 2020 Financial Results
The carrier reported full-year 2020 revenues of C$ 5.833 billion, down 73 percent year-over-year (YoY) due to COVID-led travel restrictions. The airline held unrestricted available cash and cash equivalent of C$ 8 billion as of December 31, 2020. Operating loss stood at C$ 3.776 billion.