German court begins protection proceedings for Thomas Cook’s Condor
Germany’s Condor, which is owned by British travel operator Thomas Cook, said on Thursday that a Frankfurt court had begun investor protection proceedings that should allow the airline to be restructured.
UK to repatriate 16,000 people on fourth day of Thomas Cook collapse
Britain’s Civil Aviation Authority (CAA) said over 70 flights are scheduled for Thursday to bring back 16,000 people to the country following the collapse of Thomas Cook.
Asian shares edge lower as U.S. House readies Trump impeachment inquiry
Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world’s largest economy.
Huawei CFO fighting U.S. extradition says her rights were violated
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued that Canadian authorities abused their powers and violated her rights to gather evidence against her, a claim the government denies.
Trump’s China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a “bad deal” in U.S.-China trade negotiations.
As Thomas Cook customers return home, blame game begins
Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses in the company’s demise on Tuesday, and asked why the state had to foot the bill for bringing tens of thousands of tourists home.
About 45 Tunisian hotels affected by the collapse of Thomas Cook
About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government will help the hotels with soft loans, Tunisia’s tourism minister said on Tuesday.
Germany offers Thomas Cook’s Condor 380 million euro bridging loan
Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by insolvent British travel operator Thomas Cook, to enable it to continue flying and save jobs, the economy minister said on Tuesday.
Mexico tourism mostly unaffected by Thomas Cook closure: ministry
The collapse of British travel firm Thomas Cook will not have a “significant impact” on Mexico’s tourist industry as it only represents about 0.4% of the sector’s foreign income, the Mexican tourism ministry said on Tuesday.
Hydrogen hurdles: a deadly blast hampers South Korea’s big fuel cell car bet
Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung Won-young opened a hydrogen refueling station in the city of Ulsan last September. Just one year on, he’s thinking about closing it down.
