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Home2019September

Month: September 2019

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Business News

Europe gasoline exports to Mideast surge after Saudi attacks

September 23, 2019 admin Comments Off on Europe gasoline exports to Mideast surge after Saudi attacks

Gasoline exports from Europe to the Middle East and Asia are set to surge this week after recent attacks on Saudi Arabia’s oil facilities crippled output at the kingdom’s refineries.

…read more […]

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Huawei CFO’s arrest at airport to be focus of Vancouver hearing

September 23, 2019 admin Comments Off on Huawei CFO’s arrest at airport to be focus of Vancouver hearing

Lawyers for Huawei Chief Financial Officer Meng Wanzhou will be in a Canadian courtroom on Monday to press for details surrounding her arrest at Vancouver’s airport nearly 10 months ago.

…read more […]

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Turkey could miss out on 700,000 tourists a year after Thomas Cook collapse: hotel federation

September 23, 2019 admin Comments Off on Turkey could miss out on 700,000 tourists a year after Thomas Cook collapse: hotel federation

Turkey could miss out on 600,000-700,000 tourists a year following the collapse of British tourism agency Thomas Cook on Monday, the head of Turkey’s Hoteliers Federation (TUROFED) said.

…read more […]

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Exclusive: EU regulators to investigate $4.75 billion Boeing, Embraer deal – sources

September 23, 2019 admin Comments Off on Exclusive: EU regulators to investigate $4.75 billion Boeing, Embraer deal – sources

EU antitrust regulators are set to open a full-scale investigation into Boeing’s $4.75 billion bid for a controlling stake in Brazilian planemaker Embraer’s commercial aircraft arm, people familiar with the matter said on Monday.

…read more […]

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Oil falls below $64 on Saudi oil restart prospects, economy concerns

September 23, 2019 admin Comments Off on Oil falls below $64 on Saudi oil restart prospects, economy concerns

Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of Saudi Arabian oil output and by fresh signs of European economic weakness.

…read more […]

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Macron: Saudi attacks do not help chances of a Trump-Rouhani meeting

September 23, 2019 admin Comments Off on Macron: Saudi attacks do not help chances of a Trump-Rouhani meeting

The Sept. 14 attack on Saudi oil facilities have not helped diplomatic efforts to organize talks between U.S. President Donald Trump and his Iranian counterpart Hassan Rouhani, French President Emmanuel Macron told Le Monde newspaper.

…read more […]

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Thomas Cook’s collapse strands about 50,000 in Greece, hotels fret

September 23, 2019 admin Comments Off on Thomas Cook’s collapse strands about 50,000 in Greece, hotels fret

About 50,000 tourists are stranded in Greece and mainly on island resorts after British travel firm Thomas Cook collapsed, the tourism minister said on Monday as extra flights were booked to ease their return home.

…read more […]

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Oil falls below $64 as source says Saudis near full output restart

September 23, 2019 admin Comments Off on Oil falls below $64 as source says Saudis near full output restart

Oil fell below $64 a barrel on Monday, reversing an earlier gain, after a source said Saudi Arabia would fully restore oil output lost after attacks on its facilities faster than some traders expected.

…read more […]

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Macron says Saudi attacks do not help prospects for a Trump-Rouhani meeting

September 23, 2019 admin Comments Off on Macron says Saudi attacks do not help prospects for a Trump-Rouhani meeting

The Sept. 14 attack on Saudi oil facilities have not helped diplomatic efforts to organize talks between U.S. President Donald Trump and his Iranian counterpart Hassan Rouhani, French President Emmanuel Macron told Le Monde newspaper.

…read more […]

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German state of Hesse says it will support Condor’s quest for bridging loan

September 23, 2019 admin Comments Off on German state of Hesse says it will support Condor’s quest for bridging loan

Germany’s state of Hesse, where collapsed travel group Thomas Cook’s German airline Condor is located, said it is ready to help the airline’s application for a federal government bridging loan.

…read more […]

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Vivendi keeps Mediaset stake, prepares to step up legal fight: sources

September 23, 2019 admin Comments Off on Vivendi keeps Mediaset stake, prepares to step up legal fight: sources

Vivendi has kept its stake in Mediaset after a deadline to sell it expired at the weekend and is preparing to step up its legal action against the Italian broadcaster’s overhaul plan, two sources close to the matter said.

…read more […]

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Factbox: ‘Nightmare, nightmare’ – tourists stranded after Thomas Cook collapses

September 23, 2019 admin Comments Off on Factbox: ‘Nightmare, nightmare’ – tourists stranded after Thomas Cook collapses

More than half a million holidaymakers were stranded around the globe on Monday following the collapse of Thomas Cook , the world’s oldest travel firm.

…read more […]

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Oil edges further above $64 on doubts over Saudi supply

September 23, 2019 admin Comments Off on Oil edges further above $64 on doubts over Saudi supply

Oil rose further above $64 a barrel on Monday, supported by doubts about how quickly Saudi Arabia can restore output after a crippling attack this month and a resulting greater focus by investors on supply risks.

…read more […]

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Thomas Cook collapses: Why and what happens now?

September 23, 2019 admin Comments Off on Thomas Cook collapses: Why and what happens now?

Thomas Cook , the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.

…read more […]

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Thomas Cook’s Condor to continue operations, seeks bridging loan from Germany

September 23, 2019 admin Comments Off on Thomas Cook’s Condor to continue operations, seeks bridging loan from Germany

Thomas Cook’s German holiday airline Condor has asked the German government for a bridging loan, the airline said on Monday, adding it would continue operating despite its parent company’s collapse.

…read more […]

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