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3 weeks 3 days ago

UK says bailing out Thomas Cook would have thrown 'good money after bad'

The British government decided there was no point bailing out Thomas Cook as it would have been a waste of taxpayers' money to throw good money into a business that was not meeting the needs of its customers, the business minister said on Tuesday.

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3 weeks 4 days ago

Factbox: The infinite lives of Nintendo's Italian plumber Mario

The launch of Nintendo Co Ltd's Mario Kart Tour on Wednesday marks the latest game to feature moustachioed Italian plumber Mario who for nearly four decades has gripped gamers as he dodges flying turtles, jumps chasms and rescues Princess Peach.

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3 weeks 4 days ago

Nintendo's Mario takes driving seat in race for mobile hit

Nintendo Co Ltd is set to bring one of its most successful franchises to mobile for the first time on Wednesday with the global launch of Mario Kart Tour, in a test of the gaming firm's strategy to drive growth beyond consoles.

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3 weeks 4 days ago

One in 12 witnessed sexual harassment in Lloyd's insurance market: survey

Nearly one in 12 employees working in the Lloyd's of London insurance market has witnessed sexual harassment there in the past year and a quarter has seen excessive drinking, according to a culture survey published by Lloyd's on Tuesday.

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3 weeks 4 days ago

After Thomas Cook collapse, UK PM asks why bosses got paid millions

After the collapse of Thomas Cook left hundreds of thousands of passengers reliant on the British state to repatriate them, Prime Minister Boris Johnson questioned whether bosses should have paid themselves so much ahead of its demise.

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3 weeks 4 days ago

UK plans to fly 135,300 people back after Thomas Cook collapse

Emergency flights brought 14,700 people back to the United Kingdom on Monday after the collapse of travel firm Thomas Cook, and around 135,300 more are expected to be returned over the next 13 days, Britain's aviation regulator said.

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3 weeks 4 days ago

Global stocks inch up on trade hopes but growth fears cap gains

Global shares edged up on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed U.S.-China trade talks will resume next month, but lingering concerns about slowing global growth reduced the overall appetite for riskier assets.

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3 weeks 4 days ago

AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO

AB InBev raised about $5 billion in a Hong Kong IPO of the brewer's Asia-Pacific unit after pricing it at the bottom of a marketed range, as investors backed a deal seen as offering value despite the city being hit by anti-government protests.

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3 weeks 4 days ago

Oil slips as focus shifts from Saudi supply to global demand concerns

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia.

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3 weeks 4 days ago

Global stocks inch up on trade hopes but growth fears temper gains

Global shares ticked up on Tuesday after U.S. Treasury Secretary Steven Mnuchin said U.S.-China trade talks will resume next month, but lingering concerns about slowing global growth tempered the overall appetite for riskier assets.

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