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Thomas Cook collapses with 600,000 tourists stranded abroad

The 178-year-old debt-plagued group, which had struggled against fierce online competition for some time and blamed Brexit uncertainty for a recent drop in bookings, declared bankruptcy after failing to secure $250 million from private investors......»»

Category: topSource: moneycentralSep 23rd, 2019

Thomas Cook collapses with 600,000 tourists stranded abroad

The 178-year-old debt-plagued group, which had struggled against fierce online competition for some time and blamed Brexit uncertainty for a recent drop in bookings, declared bankruptcy after failing to secure $250 million from private investors......»»

Category: topSource: moneycentralSep 23rd, 2019

These brilliant posters tell the tale of Thomas Cook’s storied 178-year history

The collapse of Thomas Cook Group marks the end of a tour operator that has been.....»»

Category: topSource: marketwatchSep 23rd, 2019

Thomas Cook"s Nordic unit to carry on after parent company"s collapse

Thomas Cook's Nordic business, the Ving group, will continue operations as normal from Tuesday despite the collapse of the parent company on Monday, it said......»»

Category: topSource: reutersSep 23rd, 2019

Huge repatriation effort after Thomas Cook bankruptcy

Thomas Cook goes out of business leaving hundreds of thousands of holidaymakers stranded. Caroline Malone reports......»»

Category: topSource: moneycentralSep 23rd, 2019

Thomas Cook collapses, stranding 600,000 tourists abroad

British travel firm Thomas Cook collapsed into bankruptcy on Monday, leaving some 600,000 holidaymakers stranded and sparking the UK's biggest repatriation since World War II. The 178-year-old debt-pla.....»»

Category: topSource: moneycentralSep 23rd, 2019

DHX Media Reports Q4 and Full Year Fiscal 2019 Results and Announces Name Change to "WildBrain"

Rebrand as "WildBrain" Across all Business Units and New Organizational Structure Reflects Focus on Creativity, Digital Media and 360Ëš Management of Brands HALIFAX, Sept. 23, 2019 /PRNewswire/ - DHX Media (or the "Company") (TSX:DHX, NASDAQ:DHXM), a.....»»

Category: earningsSource: benzingaSep 23rd, 2019

Airline shares jump after Thomas Cook collapse

European stocks sank Monday after new economic data came in worse than expected, but airline and travel shares soared on hopes some firms will pick up business following the collapse of Thomas Cook. Julian Satterthwaite reports......»»

Category: videoSource: reutersSep 23rd, 2019

Turkey could miss out on 700,000 tourists a year after Thomas Cook collapse: hotel federation

Turkey could miss out on 600,000-700,000 tourists a year following the collapse of British tourism agency Thomas Cook on Monday, the head of Turkey's Hoteliers Federation (TUROFED) said......»»

Category: topSource: reutersSep 23rd, 2019

Huge repatriation effort after Thomas Cook bankruptcy

Thomas Cook goes out of business leaving hundreds of thousands of holidaymakers stranded. Caroline Malone reports......»»

Category: videoSource: reutersSep 23rd, 2019

London Markets: Thomas Cook’s liquidation wipes out travel company worth £1.85 billion just 18 months ago

Thomas Cook shares were halted Monday as the travel company filed for liquidation, wiping out a company worth over £1 billion little more than a year ago......»»

Category: topSource: marketwatchSep 23rd, 2019

Holiday provider On The Beach flags costs from Thomas Cook collapse

Package holiday provider On The Beach said on Monday it would book a one-time charge for the year as it makes alternate arrangements for passengers affected by the collapse of travel firm Thomas Cook ......»»

Category: topSource: reutersSep 23rd, 2019

Longstanding Tour Company Thomas Cook Collapses With Global Bookings Canceled

The 178-year-old company failed to find the $250 mil.....»»

Category: topSource: timeSep 23rd, 2019

Travel group Thomas Cook battles for survival ahead of Monday deadline

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 around the world......»»

Category: topSource: reutersSep 22nd, 2019

UK travel giant Thomas Cook faces collapse

Thomas Cook's 178-year existence was hanging by a thread on Sunday a.....»»

Category: topSource: moneycentralSep 22nd, 2019

AB InBev braves Hong Kong turmoil with second Asia IPO attempt

Anheuser-Busch InBev NV will brave jittery Hong Kong markets in a second attempt to spin off its Asian business on Wednesday, aiming to raise up to $6.6 billion in what could be the world's second largest IPO this year......»»

Category: topSource: reutersSep 17th, 2019

AB InBev braves HK turmoil with second Asia IPO attempt, seeking up to $6.6 billion

Anheuser-Busch InBev NV will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an IPO worth up to $6.6 billion that could be the world's second largest this year......»»

Category: topSource: reutersSep 17th, 2019

Budweiser APAC launches second IPO attempt, targets up to $6.6 billion

Anheuser-Busch InBev NV kicked off a second attempt to spin off its Asian business in Hong Kong with the launch of an IPO on Wednesday worth up to $6.6 billion in what is poised to be the world's second largest IPO this year......»»

Category: topSource: reutersSep 17th, 2019

Thomas Cook enlists China"s Fosun to salvage oldest travel firm

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 other shareholders......»»

Category: topSource: reutersJul 12th, 2019

Thomas Cook eyes Chinese rescue for tour unit

British holiday firm Thomas Cook is in talks over a bailout for its ailing tour business by China's Fosun Tourism. Julian Satterthwaite reports......»»

Category: videoSource: reutersJul 12th, 2019