DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Thomas Cook plunges as tour operator seeks bailout money
Bloomberg Shares of Thomas Cook Group Plc tanked after the UK tourism operator said it needs more emergency financing. Thomas Cook said it will require another $251 million for a “seasonal standby facility,†sending the shares down as much as 28 percent. The company already increased the size of a bailout plan in August by 20 percent to 900 million …
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