Markets

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 ...

INSURANCE tech (insurtech) firm Singlife on Monday clarified its marketing collateral for its recently launched Singlife account and debit card promotion to say that the funds in the Singlife account is protected only up to “specific limits”.

INSURANCE tech (insurtech) firm Singlife on Monday clarified its marketing collateral for its recently launched Singlife account and debit card promotion to say that the funds in the Singlife account is protected only up to “specific limits”.

WHEN it comes to risks from markets outside Singapore, the Republic's three major banks DBS, UOB and OCBC experienced more asset-quality issues in South and South-east Asia. This is compared with other regions like China or the rest of the world, a new Fitch Ratings report has...

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...

THE Australia and New Zealand Banking Group (ANZ) on Monday appointed Stella Saris as head of sustainable finance, international.

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.

NEW YORK: British Prime Minister Boris Johnson on Monday (Sep 23) questioned whether the directors of companies such as collapsed travel company Thomas Cook were properly incentivised to avoid bankruptcy. Thomas Cook, the world's oldest travel firm, collapsed on Monday, stranding hundreds of ...

Australia has lifted a temporary ban on controversial live sheep exports, with the first ship due to depart for the Middle East this week with about 60,000 animals on board.