Business News
Like fine whisky, Texan oil exporters tout unblended crude9/23/2019 5:22:00 AM 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.
British travel firm Thomas Cook collapses, stranding hundreds of thousands9/23/2019 5:03:33 AM The world's oldest travel firm Thomas Cook collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
UK PM Johnson questions whether Thomas Cook bosses 'properly incentivized'9/23/2019 5:03:19 AM 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.
Factbox: Key dates in the history of tour company Thomas Cook9/23/2019 4:17:25 AM 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.
Asian shares dip on geopolitical tensions, oil up 1%9/23/2019 3:58:27 AM 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.
Explainer: Thomas Cook collapses - What next and why?9/23/2019 3:14:41 AM 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.
Indonesia finds design flaw, oversight lapses in 737 MAX crash: WSJ9/23/2019 2:35:42 AM Indonesian investigators have found that design and oversight lapses played a key role in the October 2018 crash of Boeing Co's 737 MAX jet that killed all 189 people aboard, the Wall Street Journal said on Sunday.
Oil gains on Saudi supply disruption, Mideast tensions9/23/2019 2:32:46 AM 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.
Thomas Cook CEO on liquidation: 'I apologise'9/23/2019 1:39:13 AM Peter Fankhauser, the chief executive of Thomas Cook, apologized on Monday for the liquidation of the world's oldest travel company.
SoftBank turns against WeWork's parent CEO Neumann: sources9/22/2019 10:10:10 PM 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.
Republican casino magnate Adelson cautioned Trump on trade war with China: WSJ9/22/2019 8:44:31 PM 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.
Travel group Thomas Cook battles for survival ahead of Monday deadline9/22/2019 7:17:38 PM The British government has plans in place to bring home stranded holidaymakers if Thomas Cook goes out of business, an event that would likely spark chaotic scenes at resorts and airports around the world.
Key dates in the history of tour company Thomas Cook9/22/2019 7:17:38 PM 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.
Factbox: Fleet of over 100 jets operated by troubled Thomas Cook9/22/2019 7:15:57 PM 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 .
Thomas Cook customers say hotel in Tunisia stopped them leaving9/22/2019 7:11:30 PM 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.
Banks worth $47 trillion adopt new U.N.-backed climate principles9/22/2019 6:07:49 PM Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed "responsible banking" principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.
Huawei denies interest in acquiring Oi or any other Brazilian carrier9/22/2019 5:18:49 PM Chinese telecoms equipment maker Huawei Technologies Co said on Sunday it was not interested in acquiring struggling Oi SA or any other Brazilian carrier.
Vivendi set to widen legal battle against Mediaset beyond Italy: sources9/22/2019 4:36:17 PM Vivendi is taking steps to widen its legal battle against Mediaset beyond Italy, in a move that indicates the French media group has not liquidated its stake in the Italian broadcaster, two sources close to the matter said.
Deutsche Bahn sees big windfall from climate change package9/22/2019 1:18:08 PM Germany's Deutsche Bahn [DBN.UL] expects the government's 50 billion euro climate change package to generate the railway company's biggest growth spurt in its 180-year history, the state-owned firm's boss said on Sunday.
Big companies commit to slash emissions ahead of U.N. climate summit9/22/2019 11:05:43 AM Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer multi-nationals towards a low-carbon future, organizers said on Sunday.