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Home2019September

Month: September 2019

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Business News

Holiday provider On The Beach flags costs from Thomas Cook collapse

September 23, 2019 admin Comments Off on Holiday provider On The Beach flags costs from Thomas Cook collapse

Package holiday provider On The Beach said on Monday it would book a one-time charge for the year as it makes alternate arrangements for passengers affected by the collapse of travel firm Thomas Cook .

…read more […]

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Business News

Airlines ask Hong Kong to waive airport fees as demand drops: letter

September 23, 2019 admin Comments Off on Airlines ask Hong Kong to waive airport fees as demand drops: letter

Scores of airlines wrote jointly to the Hong Kong government earlier this month to seek airport fee waivers as they struggle to deal with the financial fallout from anti-government protests that have led to a sharp drop in traveler demand.

…read more […]

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Business News

Oil gains more than 1% on Saudi supply doubts, Mideast tensions

September 23, 2019 admin Comments Off on Oil gains more than 1% on Saudi supply doubts, Mideast tensions

Oil prices rose more than 1% on Monday on doubts over how fast Saudi Arabia can bring back its full crude output after an attack earlier this month on its largest processing facility and as tensions in the Middle East remained at high levels.

…read more […]

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Business News

Like fine whisky, Texan oil exporters tout unblended crude

September 23, 2019 admin Comments Off on Like fine whisky, Texan oil exporters tout unblended crude

Decades ago, a distiller in Scotland discovered the marketing power of “single malt” whisky, untouched by blending – a technique now being embraced by sellers of Texas crude oil.

…read more […]

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Business News

UK PM Johnson questions whether Thomas Cook bosses ‘properly incentivized’

September 23, 2019 admin Comments Off on UK PM Johnson questions whether Thomas Cook bosses ‘properly incentivized’

British Prime Minister Boris Johnson on Monday questioned whether the directors of companies such as collapsed travel company Thomas Cook were properly incentivized to avoid bankruptcy.

…read more […]

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Business News

Factbox: Key dates in the history of tour company Thomas Cook

September 23, 2019 admin Comments Off on Factbox: Key dates in the history of tour company Thomas Cook

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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Business News

Asian shares dip on geopolitical tensions, oil up 1%

September 23, 2019 admin Comments Off on Asian shares dip on geopolitical tensions, oil up 1%

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-U.S. trade talks after recent negotiations, while oil gained more than 1% as Middle East tensions remained elevated.

…read more […]

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Business News

Explainer: Thomas Cook collapses – What next and why?

September 23, 2019 admin Comments Off on Explainer: Thomas Cook collapses – What next and why?

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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Business News

Oil gains on Saudi supply disruption, Mideast tensions

September 23, 2019 admin Comments Off on Oil gains on Saudi supply disruption, Mideast tensions

Oil prices rose to their highest in two sessions on Monday amid concerns about oil supply disruptions from Saudi Arabia and elevated tensions in Middle East.

…read more […]

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Business News

British travel firm Thomas Cook collapses, stranding hundreds of thousands

September 23, 2019 admin Comments Off on British travel firm Thomas Cook collapses, stranding hundreds of thousands

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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Business News

Thomas Cook CEO on liquidation: ‘I apologise’

September 23, 2019 admin Comments Off on Thomas Cook CEO on liquidation: ‘I apologise’

Peter Fankhauser, the chief executive of Thomas Cook, apologized on Monday for the liquidation of the world’s oldest travel company.

…read more […]

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Business News

Asian shares firmer on improved Sino-U.S. trade tone, oil up 1%

September 23, 2019 admin Comments Off on Asian shares firmer on improved Sino-U.S. trade tone, oil up 1%

Asian shares started higher on Monday on hopes of an interim Sino-U.S. tariff deal after the two countries described their talks as “productive” and “constructive”, while oil gained more than 1% as Middle East tensions remained elevated.

…read more […]

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Business News

British travel firm Thomas Cook collapses

September 23, 2019 admin Comments Off on British travel firm Thomas Cook collapses

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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Business News

Asian shares gain on better Sino-U.S. trade tone, oil climbs

September 23, 2019 admin Comments Off on Asian shares gain on better Sino-U.S. trade tone, oil climbs

Asian shares started higher on Monday on hopes of an interim Sino-U.S. tariff deal after the two countries described their talks as “productive” and “constructive”, while oil gained more than 1% as Middle East tensions remained elevated.

…read more […]

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Business News

U.S. stock futures gain on better trade tone, oil climbs

September 23, 2019 admin Comments Off on U.S. stock futures gain on better trade tone, oil climbs

Wall Street stock futures edged up in early trade on Monday, setting an upbeat tone for Asian markets on hopes of an interim Sino-U.S. tariff deal after the U.S. Trade Representative characterized their two days of talks as “productive”.

…read more […]

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