Markets

BRUSSELS: A Belgian commercial court in Ghent on Tuesday (Oct 2) declared the local travel agency business of British tour operator Thomas Cook bankrupt, putting 500 jobs at risk. Thomas Cook Retail Belgium is the group's largest Belgian subsidiary and the fourth and final one to collapse in the ......

Facebook Inc, Amazon.com Inc and Alphabet Inc's Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloomberg reported on Tuesday.

A Fiat Chrysler worker died overnight in an accident at the group's factory in Cassino, central Italy, prompting unions to launch a strike at the plant to demand tighter safety measures, officials said on Tuesday.

GE Renewable Energy has been chosen as preferred supplier to provide turbines for Britain's Dogger Bank offshore wind project being developed by SSE and Equinor , the companies said on Tuesday.

Comcast Corp, one of America’s largest media and communications companies, is wading into the epic regulatory pile-on against big tech companies such as Google, according to people familiar with the matter.

SAN FRANCISCO: Venture capitalists have invited more than 100 start-ups to a meeting on Tuesday where they hope to convince them to go public through direct stock exchange listings rather than IPOs, which often lower returns for early investors. Two dozen venture capital firms are sponsoring the ...

LONDON: Iconic Belfast shipyard Harland and Wolff, which built the Titanic, has been rescued from bankruptcy by InfraStrata, the British energy infrastructure company announced Tuesday (Oct 1). The giant of Northern Ireland's industrial past has been purchased for £6.0 million ($7.4 million, 6.8 ...

PARIS: French carrier Air France will offset the carbon dioxide emissions of its 500-odd daily internal flights by 2020 at a cost of millions of euros, the company's CEO has announced. In a bid to counteract its climate impact, the company will finance projects that support tree planting, forest ......

Turkey's Tourism Advisory Council said on Tuesday it estimates that Thomas Cook owes the local sector more than 350 million euros (US$381.08 million), adding that it was impossible for the amount to be re-paid in the short- and medium-term.

Mario Draghi leaves the European Central Bank at the end of the month, and that may give opponents of his ultra-easy monetary policy a chance to shift the tone of the debate at the top of the institution.