Bloomberg Holiday giant TUI AG could seek to raise about 1.5 billion euros ($1.8 billion) through a rights issue and asset sales once bookings recover and the company starts generating meaningful revenue again. TUI will look at selling some of its 400 hotels and UK cruise arm Marella, Chief Executive Officer Fritz Joussen said in a briefing at the Frankfurt ...

Bloomberg A Hennes & Mauritz AB unit was fined $41.4 million by a German data protection watchdog after managers trampled on the private lives of staff, storing details ranging from workers’ religious beliefs to their medical history. “Unfortunately, we had an incident in a subsidiary in Germany that was reported to the data protection authority at the end of last ...

Bloomberg US Secretary of State Michael Pompeo will shorten his travel to Asia this week as the White House deals with the spread of the coronavirus among its top officials. Pompeo will visit Tokyo till October 6 for a meeting of the foreign ministers of four of the Indo-Pacific region’s biggest democracies, State Department spokeswoman Morgan Ortagus said in a ...