Germany's Ceconomy , Europe’s biggest consumer electronics group, is in talks to resolve a long-running dispute with a major shareholder of subsidiary Media Saturn, people close to the matter said on Monday.
When asked about reports General Motors Co may turn its shuttered Lordstown, Ohio, plant into a battery factory, "Buffalo" Joe Nero snorts and points at the vast complex that until six months ago made the Chevrolet Cruze.
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.
Deutsche Bank's deal to transfer its prime brokerage business to BNP Paribas could see the move of up to 1,000 staff from the German lender to the French bank, a spokeswoman for BNP said on Monday.
Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market.
Vivendi has decided not to exercise withdrawal rights over its Mediaset holding as a deadline to liquidate the stake in the Italian broadcaster expired at the weekend, two sources close to the matter said on Monday.
FRANKFURT: Condor, the German airline subsidiary of British travel giant Thomas Cook, said Monday (Sep 23) it was requesting financial aid from Berlin to help keep it in the air even after its parent company declared bankruptcy. Underlining that it had been "profitable for many years," the airline ...
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.
LONDON: Tour operator Thomas Cook, founded in 1841 and a pioneer of modern package holidays, collapsed on Monday (Sep 23) after failing to reach a rescue deal. Here is a look back at the 178 year-old global brand: TRAVEL PIONEER Thomas Cook arranged the first known organised trip in Britain...
Indonesian Lion Air's Malaysian subsidiary Malindo Air said on Monday that two former employees of its e-commerce contractor were responsible for its passenger data breach.
