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China coronavirus: WHO in uncharted territory in dealing with emergency in world’s second largest economy
Experts say the World Health Organisation (WHO) faces an unprecedented challenge in deciding whether to declare China coronavirus a global emergencySuch decisions are inherently political, and ‘the bigger the player, the more intense and powerful the pressure’
LONDON: Global stock markets slumped on Tuesday (Jan 21) as a SARS-like virus taking hold in China spooked investors, while sentiment suffered a knock also from a credit-ratings downgrade to major financial hub Hong Kong, analysts said.
HONG KONG: Thomas Cook is set to be relaunched by its Chinese owner, who plans to use the 178-year-old British tour operator’s brand on a travel platform targeting European customers.
BEIJING: Hong Kong Airlines Ltd. averted becoming the first carrier to collapse in the city in more than a decade after the local licensing authority said it won’t take further action against the embattled company on certain conditions.
TUNIS (Reuters) - Tunisia's designated prime minister Habib Jemli expects to pull together a new coalition government next week after an election in October produced a fractured parliament.
LONDON (Reuters) - European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.
(Reuters) - Britain's Civil Aviation Authority on Tuesday said 39 flights are scheduled to bring back a further 7,000 people to the country after the Thomas Cook collapse, as the operation enters its second week.
LONDON (Reuters): Thomas Cook, the world's oldest travel firm, collapsed on Monday (Sept 23), stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
KUALA LUMPUR (Bernama): The collapse of the 178-year-old tour company Thomas Cook is not expected to have much of an impact on tourists from Malaysia, as less than 5% of local travel agents used its services.
Thomas Cook’s demise scuttles Fosun’s goal of creating a global leisure empire spanning airline, tour operator, resorts and shows
Thomas Cook Group, which traces its root to Thomas Cook & Sons in London in 1842, went into liquidation on Monday after failing to secure £200 million to keep creditors at bayFosun had already extended a £900 million financial lifeline to the UK company last month, in exchange for stakes in Thomas Cook’s airline and tour operations