Bloomberg A Berlin-based fintech company backed by Goldman Sachs Group Inc. is acquiring one of its crosstown rivals as it tries to capitalise on the 12 trillion euros pension and retirement savings market in Europe. Raisin, originally a marketplace for bank-savings products, is buying 100% of Fairr’s share capital in exchange for Raisin shares as well as cash. Fairr, co-founded ...

Bloomberg Hundreds of people gathered in Hong Kong to demand Cathay Pacific Airways Ltd rehire workers who left the troubled carrier after supporting the city’s pro-democracy protests, in a case that has raised fears about dwindling free speech in the former colony. A crowd convened in the city’s Central business district, not far from the headquarters of Swire Group, the ...

Bloomberg Debt-laden UK travel giant Thomas Cook Group Plc secured the backing of its lending banks and bondholders for a $1.1 billion bailout led by Chinese investor Fosun Tourism Group. Fosun will provide half of the total in return for control of Cook’s tour-operator arm and a stake in its airline, the London-based holiday firm said. Banks and noteholders will ...