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.
China’s Fosun International is considering bidding for beleaguered British travel company Thomas Cook’s tour operating division.
The FTSE 100 is cheap, says Tim Price. But it’s not where I would invest now. The best value is to be found in Japan. Here’s why.
Federal Reserve chairman Jerome Powell looks as though he is now getting ready to cut interest rates, says David Rosenberg, chief economist at Gluskin Sheff.
US stocks rallied at the end of last week. And that was mostly down to one thing: disappointing employment data. John Stepek explains why the markets love a bit of bad news.
With America’s central bank sounding more likely to cut short-term interest rates, John Stepek looks at how it affects the charts that matter most to the global economy.
Brazil’s Ibovespa stockmarket benchmark has given investors a thrilling ride over the past few months, but reality is now beginning to set in.
US regulators have launched a concerted attack on the Silicon Valley tech giants. Could their glory days soon be over? Matthew Partridge reports.
These days, if you want to be in the growth game you need to be invested in private markets. But that’s a worrying trend, says Merryn Somerset Webb.
Markets are getting jittery. They’re looking to the US central bank to step in. So, asks John Stepek, will the Federal Reserve cut interest rates? And what happens if it does?
Shares at construction and outsourcing contractor Kier Group have taken a nosedive. Matthew Partridge examines why and asks if now is a good time to buy.