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Home2019

Year: 2019

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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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Business News

Indonesia finds design flaw, oversight lapses in 737 MAX crash: WSJ

September 23, 2019 admin Comments Off on Indonesia finds design flaw, oversight lapses in 737 MAX crash: WSJ

Indonesian investigators have found that design and oversight lapses played a key role in the October crash of Boeing Co’s 737 MAX jet that killed all 189 aboard, the Wall Street Journal said on Sunday.

…read more […]

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Business News

Indonesian investigators determine 737 MAX design flaw and oversight lapses in Lion Air crash: WSJ

September 23, 2019 admin Comments Off on Indonesian investigators determine 737 MAX design flaw and oversight lapses in Lion Air crash: WSJ

Indonesian investigators have found that design and oversight lapses played a key role in the fatal crash of a Boeing Co’s 737 MAX jet in October, the Wall Street Journal reported on Sunday.

…read more […]

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Business News

Republican casino magnate Adelson cautioned Trump on trade war with China: WSJ

September 22, 2019 admin Comments Off on Republican casino magnate Adelson cautioned Trump on trade war with China: WSJ

A top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt his re-election prospects, the Wall Street Journal reported on Sunday, citing people familiar with the call.

…read more […]

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Business News

SoftBank turns against WeWork’s parent CEO Neumann: sources

September 22, 2019 admin Comments Off on SoftBank turns against WeWork’s parent CEO Neumann: sources

Japan’s SoftBank Group Corp , the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with the matter said on Sunday.

…read more […]

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Business News

Key dates in the history of tour company Thomas Cook

September 22, 2019 admin Comments Off on Key dates in the history of tour company Thomas Cook

The bosses of Thomas Cook , the world’s oldest travel company, were meeting lenders and creditors in London on Sunday to seek a last-ditch deal to save the company.

…read more […]

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Business News

Factbox: Fleet of over 100 jets operated by troubled Thomas Cook

September 22, 2019 admin Comments Off on Factbox: Fleet of over 100 jets operated by troubled Thomas Cook

The fate of over 100 passenger jets and contracts with almost 40 leasing companies are tied up in last-minute talks to prevent a collapse of British travel group Thomas Cook .

…read more […]

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Business News

Thomas Cook customers say hotel in Tunisia stopped them leaving

September 22, 2019 admin Comments Off on Thomas Cook customers say hotel in Tunisia stopped them leaving

British tourists in Tunisia said their hotel stopped them leaving for several hours on Saturday night over concerns about payment by their holiday operator Thomas Cook, though the Tunisian government said the incident was a misunderstanding.

…read more […]

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