[ad_1] LONDON (Reuters) – The world’s oldest travel firm Thomas Cook collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. A Thomas
[ad_1] (Reuters) – Japan’s SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with
[ad_1] TOKYO/SINGAPORE (Reuters) – Mitsubishi Corp, Japan’s biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost $320 million through unauthorised transactions in crude oil derivatives, and the matter
[ad_1] UNITED NATIONS (Reuters) – Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift
[ad_1] FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Some WeWork board members, including
[ad_1] MUMBAI (Reuters) – Debt-laden Reliance Capital Ltd has slammed an Indian credit rating agency’s decision to downgrade its debt to “default” levels and warned the move would harm millions of investors. CARE Ratings late
[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
[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
[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
[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
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