LONDON: Thomas Cook, the world's oldest travel firm, collapsed on Monday (Sep 23), stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. Chief Executive Peter Fankhauser said it was a matter of profound regret ...
LONDON: Britain's Thomas Cook said on Monday (Sep 23) it had entered compulsory liquidation. The company said it made an application to enter liquidation and that an order had been granted to appoint an official receiver to liquidate the company. READ: Travel group Thomas Cook battles for ...
Asian shares started higher on Monday on hopes of an interim Sino-U.S. tariff deal after the two countries described their talks as "productive" and "constructive", while oil gained more than 1per cent as Middle East tensions remained elevated.
Wall Street stock futures edged up in early trade on Monday, setting an upbeat tone for Asian markets on hopes of an interim Sino-U.S. tariff deal after the U.S. Trade Representative characterized their two days of talks as "productive".
WASHINGTON: Indonesian investigators have found that design and oversight lapses played a key role in the fatal crash of a Boeing Co's 737 MAX jet in October, the Wall Street Journal reported on Sunday (Sep 22). The draft conclusions, which is expected to be the first formal government finding...
Some WeWork board members, including officials tied to SoftBank Group Corp , are planning to try to push Adam Neumann to step down as chief executive, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
BRUSSELS: The European auto industry on Monday (Sep 23) warned of catastrophic effects of a no-deal Brexit, saying it would have a 'seismic' impact on making cars in Europe. In a rare joint statement, chiefs from 23 auto business associations across Europe joined forces to caution against a brutal ......
In a recent episode of CNA's Talking Point, Education Minister Ong Ye Kung called for a shift in societal mindsets when it comes to academic qualifications.
An economist unravels the seeming contradiction between stocks near record highs and growing fears of a recession.
GLOBAL sovereign and corporate bonds and other debt that traded on negative yields have reached a staggering US$17 trillion in recent weeks, according to a new report released by the Bank for International Settlements (BIS) on Sunday (Monday morning, Singapore time).