TUI Travel, the world's biggest tour operator, said it was outperforming competitors in Britain, helping to offset weaker trading in France, and overall trading was in line with its expectations. The group, which owns Thomson and First Choice, said summer holiday bookings had improved in all its key markets since it last updated on trading
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The BRICS group of emerging market nations voiced concern about the slow pace of reforms within the IMF in a draft summit declaration that also called for a transparent process to select the next World Bank president. The leaders of the so-called BRICS nations – Brazil, Russia, India, China and South Africa – were meeting
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Bwin.party Digital, the world's largest listed online gaming company, reported a rise in earnings in its maiden set of results and said it was well-placed to take advantage of regulatory and technological shifts in the gaming industry. The company, which was formed by the merger of Austria's Bwin and PartyGaming last year, reported a 3%
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Asian shares fell for a second successive day on Thursday as concerns about growth prospects in the world's two largest economies, the United States and China, prompted investors to trim their risk exposure ahead of the end of the quarter. Commodity-linked assets were hurt, with crude extending losses and dragging oil-related Chinese shares lower, while
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Brent crude held steady near $124 on Thursday as news of a surge in U.S. crude inventories and Western nations' talks on releasing strategic oil reserves offset supply disruption concerns over tension in the Middle East. France is in contact with Britain and the United States over a possible release of strategic oil stocks while
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Only two bondholder groups out of 12 that voted on foreign-law Greek bonds included in a debt swap plan decided to enforce the exchange on holdouts, debt agency data showed on Thursday. Five assemblies did not reach the required quorum and another five voted against forcing losses with so-called collective action clauses. These votes, held
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The creature is driven by rage and pursued by an investigative reporter. The creature is wanted for a murder he didn’t commit. David Banner is believed to be dead, and he must let the world think that he is dead, until he can find a way to control the raging spirit that dwells within him.
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Researchers at the Cyprus Institute (CyI) are conducting pioneering research with the aim to pinpoint submarine discharge points of fresh water in and around the island in an effort to resolve the problem of drinking water shortages. Fresh water is often discharged in the sea either through leakage in porous ground layers or through naturally
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Cyprus would seek financing from other countries and companies to help it build energy infrastructure such as a key plant to liquefy natural gas, the country's energy minister said on Wednesday. Cyprus reported its first natural gas discovery in December, when U.S. based Noble Energy said it had discovered an estimated 5 to 8 trillion
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Firms and consumers continued to pull their money out of Greek banks at a rapid rate in February, European Central Bank data showed on Wednesday, underscoring the ongoing lack of trust the country's banking system faces. Private sector deposits in Greek banks fell by 2.7% in February after a near 3% drop in January, with
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