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Oil gains more than 1% on Saudi supply doubts, Mideast tensions

Oil prices rose more than 1% on Monday on doubts over how fast Saudi Arabia can bring back its full crude output after an attack earlier this month on its largest processing facility and as tensions in the Middle East remained at high levels.



5 years ago

Like fine whisky, Texan oil exporters tout unblended crude

Decades ago, a distiller in Scotland discovered the marketing power of "single malt" whisky, untouched by blending - a technique now being embraced by sellers of Texas crude oil.



5 years ago

UK PM Johnson questions whether Thomas Cook bosses 'properly incentivized'

British Prime Minister Boris Johnson on Monday questioned whether the directors of companies such as collapsed travel company Thomas Cook were properly incentivized to avoid bankruptcy.



5 years ago

Hundreds of thousands stranded as British travel firm Thomas Cook collapses

The world's oldest travel firm Thomas Cook collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.



5 years ago

Thomas Cook's Condor will continue operations, seeks bridging loan

Thomas Cook's German holiday airline Condor has asked the German government for a bridging loan, the company said on Monday, adding that it would continue its flight operation despite its parent company's insolvency.



5 years ago

Government should have saved travel firm Thomas Cook - UK Labour Party

The British government should have stepped in with a temporary rescue package for collapsed travel firm Thomas Cook, the opposition Labour Party's finance spokesman John McDonnell said on Monday.



5 years ago

Malindo Air says data leak caused by ex-staffers at contractor firm

Indonesian Lion Group's Malaysian subsidiary Malindo Air said on Monday that two former employees of its e-commerce contractor were responsible for its passenger data breach.



5 years ago

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 .



5 years ago

Airlines ask Hong Kong to waive airport fees as demand drops: letter

Scores of airlines wrote jointly to the Hong Kong government earlier this month to seek airport fee waivers as they struggle to deal with the financial fallout from anti-government protests that have led to a sharp drop in traveler demand.



5 years ago

Factbox: Lessors scramble to recover dozens of jets from Thomas Cook

Aircraft leasing companies are launching moves to recover dozens of Airbus passenger planes after the collapse of British travel group Thomas Cook , market sources said.



5 years ago

Labour's McDonnell says Thomas Cook bosses should pay back bonuses

Thomas Cook bosses should have to pay back any bonuses they have received, Britain's opposition Labour Party finance spokesman John McDonnell said on Monday following the travel firm's collapse.



5 years ago

Travel firm Thomas Cook's collapse strands about 50,000 in Greece: Greek government official

About 50,000 tourists are stranded in Greece, mainly on islands, as a result of British travel firm Thomas Cook's collapse, a Greek tourism ministry official told Reuters on Monday.



5 years ago

Asian shares ease on geopolitical tensions, oil up 1%

Most Asian share markets slipped on Monday as investors waited for more clarity on Sino-U.S. trade talks, while oil gained more than 1% as Middle East tensions remained elevated.



5 years ago

Big companies commit to slash emissions ahead of U.N. climate summit

Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer multi-nationals towards a low-carbon future, organizers said on Sunday.



5 years ago

Budget carrier XL Airways seeks rescue deal with Air France

French airline XL Airways has called on Air France to discuss a rescue deal to avert the collapse of the budget carrier that halted ticket sales and payments last week.



5 years ago