16-09-2019 03:30 GMT
Card image cap


16-09-2019 03:29 GMT
Card image cap


16-09-2019 03:28 GMT
Card image cap


16-09-2019 03:27 GMT
Card image cap


16-09-2019 03:25 GMT
Card image cap


13-09-2019 15:00 GMT
Card image cap


13-09-2019 14:59 GMT
Card image cap


13-09-2019 14:58 GMT
Card image cap


13-09-2019 14:57 GMT
Card image cap


13-09-2019 14:56 GMT
Card image cap

Latest News

StockBeat: PMIs, Thomas Cook, Oil Cast a Pall Over European Stocks
Today, 10:24 -- Summer’s over for European stocks, it seems. The benchmark Stoxx 600 fell to its lowest in five days on Monday after another bleak round of business surveys from the euro zone’s biggest economies suggested no end to the current slowdown. Germany's DAX led losses with a 1.5% drop, while the Italian FTSE MIB was down 1.2% and the U.K. FTSE 100 was down 0.7%. According to IHS Markit’s purchasing manager ..
Read more

Thomas Cook collapses: Why and what happens now?
Today, 10:21
By Kate Holton and Guy Faulconbridge LONDON (Reuters) - Thomas Cook (L:TCG), 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. What happens now and why did it collapse? WHO IS AFFECTED? The firm ran hotels, resorts and airlines for 19 million travelers a year in 16 countries, generating revenue in ..
Read more

Factbox: European reaction to Thomas Cook bankruptcy
Today, 10:18
(Reuters) - British travel operator Thomas Cook (L:TCG), which ran hotels, resorts and airlines ferrying 19 million people a year to 16 different countries. It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge operation to bring them all home. Here is a summary of official responses to the Thomas Cook collapse: UNITED KINGDOM The UK's Civil Aviation Authority (CAA), regulator and ..
Read more

German Industrial Recession Drags Economy Deeper Into Slump
Today, 10:15
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  Germany’s economy is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus. Factory activity is shrinking at the fastest pace in a decade and growth in services is softening, according to a monthly report by IHS Markit. There were also further ..
Read more

Thomas Cook's Condor says it has 240,000 customers currently abroad
Today, 10:12
BERLIN (Reuters) - Condor, the German airline subsidiary of collapsed travel company Thomas Cook said on Monday there were 240,000 people booked on its flights awaiting a return home. Separately, the airline said its flights were still operating as usual but that it would not carry Thomas Cook customers booked for Monday or Tuesday. ..
Read more

Cyprus says 15,000 Thomas Cook customers stranded on island
Today, 10:09
ATHENS (Reuters) - Up to 15,000 holidaymakers are stranded on the island of Cyprus after the collapse of British travel firm Thomas Cook, saddling hotels with millions in potential losses, the deputy minister of tourism said on Monday. Thomas Cook arrivals to the island on a yearly basis topped 250,000 people, representing up to 6% of all arrivals. The island is also a popular wedding venue for Britons. "We will work intensively .. I believe ..
Read more

BNP's prime brokerage deal with Deutsche may transfer up to 1,000 staff
Today, 10:06
PARIS/FRANKFURT (Reuters) - A deal to transfer Deutsche Bank's (DE:DBKGn) prime brokerage business to BNP Paribas (PA:BNPP) could see up to 1,000 staff move from the German lender to the French bank, BNP said on Monday. The two banks said on Monday they had reached an agreement to smooth the transfer of the business, which serves hedge funds. The deal is a pillar of Deutsche's restructuring. Under the agreement, Deutsche would continue ..
Read more

UK households' financial worries hit five-year high: IHS Markit
Today, 10:03
LONDON (Reuters) - British households' worries about the outlook for their personal finances rose to their highest in almost six years in September, pushing a broader measure of consumer sentiment to a four-month low, a monthly survey showed on Monday. The IHS Markit Household Finance Index sank to 43.1 in September from August's reading of 43.6, driven by greater reluctance to make big purchases, concerns about job security and the ..
Read more

Thomas Cook collapse boosts rival holiday companies, budget airlines
Today, 09:15
LONDON (Reuters) - Thomas Cook's (L:TCG) collapse boosted shares in TUI (DE:TUIGn) and budget airlines easyJet (L:EZJ) and Ryanair (I:RYA) on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market. The world's oldest travel firm went out of business on Monday, stranding some 600,000 holidaymakers around the globe and sparking the largest peacetime repatriation ..
Read more

Danish pensions to put $50 billion into green investments
Today, 09:12
COPENHAGEN (Reuters) - Danish pension funds plan to invest more than $50 billion in green assets to fight climate change, they said in a statement on Monday ahead of a United Nations climate summit in New York. The investment was first announced on Sunday by Denmark's prime minister Mette Frederiksen at a news conference in New York before the summit. The funds will invest a total of 350 billion Danish crowns ($51.67 billion) in energy ..
Read more
" template="news2" category="16" available="global" from="0" limit="5" order="date" sort="desc" cache="no"}