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Business 12 Jul 2019 | 7:41 AM Premium

Fosun Group mulls US$940m rescue of debt-strapped Thomas Cook

HONG KONG: China’s Fosun Group is considering a 750 million-pound ($940 million) rescue of Thomas Cook Group Plc, the world’s oldest travel agency, which has been struggling to pay debts amid a slowdown.

Business 10 Jul 2019 | 12:00 AM Premium

UK shops suffer slowest growth over 12 months

LONDON: Sales at British retailers rose at their slowest average pace on record over the past year as worries about Brexit weighed on consumers, a survey showed.