Rescue talks for Thomas Cook Germany are going well: liquidator
Talks with potential strategic and private equity investors to rescue Thomas Cook’s German tour business going well and many investors have expressed interest in the company as a whole or in its branches, the insolvent company’s liquidator said.
Trump’s fast-tracking of oil pipelines hits legal roadblocks
The Trump administration’s effort to cut red tape and speed up major energy projects has backfired in the case of the three biggest U.S. pipelines now planned or under construction.
Exxon names BAML to run Malaysia asset sales: sources
Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources said.
Hays to buy Thomas Cook British stores in reprieve for up to 2,500 staff
Hays Travel will buy all Thomas Cook’s British travel agent shops, potentially saving up to 2,500 jobs, Britain’s insolvency agency said on Wednesday, in a rare reprieve for high streets across the country.
Shell still has appetite for Mideast investments, says CEO
Royal Dutch Shell has no intention to change its plans to invest in the Middle East, Chief Executive Ben van Beurden said on Wednesday
Oil steadies as U.S.-China tensions offset supply concern
Oil prices traded flat on Wednesday as fading hopes for progress in U.S.-China trade talks pressured the market by raising uncertainty about global economic growth, while unrest in OPEC members Iraq and Ecuador helped limit losses.
Global stocks struggle as hopes fade for trade and Brexit deals
European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling.
Hays Travel to buy Thomas Cook’s UK stores: government agency
Britain’s insolvency agency said on Wednesday that Hays Travel had reached an agreement with Thomas Cook Group Plc to buy 555 stores of the collapsed travel firm in the UK.
After spurned play for LSE, Hong Kong bourse to seek deeper China embrace
Hong Kong stock exchange boss Charles Li ignited his unrequited overture to the London Stock Exchange with a riff on Romeo and Juliet as a corporate romance, and doused it in a wistful blog reference to the author of ‘Alice in Wonderland’.
China’s Hikvision says U.S. blacklisting could hurt in the short-term
China’s Hikvision said on Wednesday a decision by the U.S. government to place it on a trade blacklist could have a short-term impact on the video surveillance company’s performance.
