Thomas Cook is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism, its biggest investor, control of the indebted British group's package-tour business, in a blow to.. Reuters India - Published Also reported by •Reuters
Thomas Cook is in talks on a £750 million bailout that will give its largest investor Fosun Tourism (1992) control of the indebted British group’s package-tour business, in a blow to other.. WorldNews - Published Also reported by •Independent
European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico. But, as Francis Maguire reports, China's yuan dropped due to lower imports than..
Thomas Cook is in talks with largest shareholder Fosun Tourism and lenders for a 750 million pound ($940.9 million) bailout, a proposal giving the Chinese firm control of the British company's core.. Reuters India - Published
· The Dutch airline KLM launched an environmental campaign titled "Fly Responsibly."
· The campaign, which encourages travelers to consider packing lighter, buying carbon offsets, or even flying.. Business Insider - Published
Dublin, June 20, 2019 (GLOBE NEWSWIRE) -- The "Brexit's impact on Tourism - Thematic Research" report has been added to *ResearchAndMarkets.com's* offering.Companies that reside within the travel and.. GlobeNewswire - Published
LAKE MARY, Fla.--(BUSINESS WIRE)--CapAcuity, a leading executive benefits consulting, investment advisory and asset management firm, announced today that it has appointed Thomas Cook as Senior.. Business Wire - Published
Increasing preference towards adventure trips to drive the global luxury travel market. Europe dominated the market with a share of nearly 37% in 2017. A huge number of tourist destinations, high.. GlobeNewswire - Published
The world's oldest travel company Thomas Cook edged closer to a break up on Monday after its biggest shareholder, China's Fosun Tourism, made a preliminary approach for the British group's core holiday.. Reuters - Published
UK travel company poised for breakup as China’s Fosun makes approach The breakup of the troubled travel company Thomas Cook has moved a step closer after it said it was in talks with the Chinese.. WorldNews - Published Also reported by •FT.com •Reuters
Hong Kong-based Fosun Tourism is in talks to buy Thomas Cook's tour operating business, Sky News reported on Saturday, as the British group faces breakup after issuing three profit warnings in the past.. Reuters India - Published