Thomas Cook's German holiday airline Condor has asked the German government for a bridging loan, the airline said on Monday, adding it would continue operating despite its parent company's collapse.
Global shares dipped on Monday as weaker than expected economic surveys added to investor worries over the unresolved U.S.-China trade dispute's effects on the world economy, while oil gained more than 1% as Middle East tensions remained elevated.
The head of Turkey's Hoteliers Federation said on Monday the collapse of British tourism agency Thomas Cook means Turkey could see 600,000-700,000 fewer tourists annually.
Thomas Cook said there were around 140,000 people currently traveling with its German subsidiaries, with a further 21,000 booked to depart on Monday and Tuesday.
Thomas Cook owes Tunisian hotels 60 million euros ($66 million)for stays in July and August, Tourism Minister Rene Trabelsi told Reuters on Monday, adding that 4,500 Thomas Cook customers are still in the country.
Germany's Ceconomy , Europe’s biggest consumer electronics group, is in talks to resolve a long-running dispute with a major shareholder of subsidiary Media Saturn, people close to the matter said on Monday.
Vivendi has kept its stake in Mediaset after a deadline to sell it expired at the weekend and is preparing to step up its legal action against the Italian broadcaster's overhaul plan, two sources close to the matter said.
About 50,000 tourists are stranded in Greece and mainly on island resorts after British travel firm Thomas Cook collapsed, the tourism minister said on Monday as extra flights were booked to ease their return home.
Germany's state of Hesse, where collapsed travel group Thomas Cook's German airline Condor is located, said it is ready to help the airline's application for a federal government bridging loan.
Oil fell below $64 a barrel on Monday, reversing an earlier gain, after a source said Saudi Arabia would fully restore oil output lost after attacks on its facilities faster than some traders expected.
The Sept. 14 attack on Saudi oil facilities have not helped diplomatic efforts to organize talks between U.S. President Donald Trump and his Iranian counterpart Hassan Rouhani, French President Emmanuel Macron told Le Monde newspaper.
When asked about reports General Motors Co may turn its shuttered Lordstown, Ohio, plant into a battery factory, "Buffalo" Joe Nero snorts and points at the vast complex that until six months ago made the Chevrolet Cruze.
Lawyers for Huawei Chief Financial Officer Meng Wanzhou will be in a Canadian courtroom on Monday to press for details surrounding her arrest at Vancouver's airport nearly 10 months ago.
Boeing is set to face a EU antitrust investigation of up to five months into its bid for a controlling stake in the commercial aircraft arm of Brazil's Embraer , people familiar with the matter said on Monday.
Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of Saudi Arabian oil output and by fresh signs of European economic weakness.