High debt, fierce competition and one-off factors have pushed tour operator Thomas Cook to the brink of bankruptcy.
The FTSE 100 saw a sharp rise yesterday after the Bank of England cut interest rates to 0.25% and extended its quantitative easing programme. The index closed up 1.6% at 6,740.
2019 is on course to be a record year for private equity deals. The latest is TDR Capital’s £2bn bid for car auction group BCA. John Stepek looks at what all this money sloshing about means for the markets.
Pharma giant AbbVie is buying Botox maker Allergan for $63bn. That’s a huge sum given the target’s uncertain prospects. Matthew Partridge reports.
Supermarket group Carrefour is selling an 80% stake in its Chinese division, after trying various tactics to bolster its performance.
Developing countries are becoming less reliant on cyclical commodities and moving into more lucrative areas such as technology
In a deal worth $24bn, IAG, the parent company of British Airways and Iberia, plans to buy 200 of Boeing’s troubled 737 Max planes.
Kier, the engineering group, has had to bring forward a strategic review to placate anxious investors. What happens next? Alex Rankine reports.
Hong Kong is under threat from both China and the US, as the American Congress proposes removing the arrangements that exempts the territory from Donald Trump’s new tariffs.
Markets look pricey,but there are actually many more stocks trading below average valuations than usual, says Merryn Somerset Webb.
Facebook could be on to a winner with Libra, its new cryptocurrency, says Dominic Frisby. Here, he explains why.
The Federal Reserve will soon meet to decide on what to do with US interest rates. Markets are banking on a change of course, says John Stepek. But will the Fed oblige?