[ad_1] LONDON (Reuters) – 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
Indian shadow bank Altico says evaluating options after default
[ad_1] MUMBAI (Reuters) – India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on an interest payment that was due earlier this month. Altico, backed
India says no plans to revise fiscal deficit target or cut spending now
[ad_1] FILE PHOTO: India’s Finance Minister Nirmala Sitharaman and the Reserve Bank of India (RBI) Governor Shaktikanta Das arrive to attend the RBI’s central board meeting in New Delhi, India July 8, 2019. REUTERS/Anushree Fadnavis/File
Wall Street Week Ahead: Fund managers gird for long trade war after FedEx slide
[ad_1] NEW YORK (Reuters) – A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the trade war between the United States and China
Big companies commit to slash emissions ahead of U.N. climate summit
[ad_1] UNITED NATIONS (Reuters) – 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
U.S.-Japan trade talks will bring peace of mind to farmers, automakers: Motegi
[ad_1] Japan’s new Foreign Minister Toshimitsu Motegi attends a news conference at Prime Minister Shinzo Abe’s official residence in Tokyo, Japan September 11, 2019. REUTERS/Issei Kato/Files TOKYO (Reuters) – Japanese foreign minister Toshimitsu Motegi said
India’s Petronet signs LNG deal with Tellurian
[ad_1] (Reuters) – Petronet LNG and U.S. liquefied natural gas developer Tellurian Inc signed an initial agreement under which the Indian company and its affiliates will negotiate to buy up to 5 million tonnes per
Exclusive: Fitbit considers whether it should explore a sale – sources
[ad_1] (Reuters) – Wearable device maker Fitbit Inc (FIT.N) has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people
Fed’s Rosengren flags risks to economy in WeWork-style model
[ad_1] (Reuters) – The rise in co-working spaces, like those offered by WeWork, may be a source of financial instability that could make the next U.S. recession worse by sparking a run on commercial real
Thomas Cook in talks with UK government and investors over rescue deal
[ad_1] LONDON (Reuters) – Britain’s Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel