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Markets

2,819.69 -0.14%
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310,667,500
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-0.14%
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3,580
9
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5,124.72 -0.61%
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2.05
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International Business Times


Thomas Cook puts 180,000 British holidaymakers at risk of being stranded

Monarch Airlines ceases trading Wochit Thomas Cook needs £200m ($250m, €226m) to meet the demands of its banks. If the 178-year-old travel company is unable to find the funding , they could go under. The company's closure would leave thousands of travellers stranded. Taxpayer money would be spent to rescue the passengers from whichever destination they would be stranded at.Chinese shareholder, Forsun Tourism Group, have already agreed to a deal of £900m ($1,124m, €1,020m) to keep Thomas Cook afloat. However, the company needs £200m more to finalise a refinancing deal without which, the company will go under. 22,000 staff globally...

UEFA Europa League: Manchester United triumphs as Mason Greenwood scores maiden goal

At least 30 Man Utd fans electrocuted watching Europa League match in Nigeria Mason Greenwood proved his worth in his first-ever Manchester United start as the Red Devils beat FC Astana 1-0 at the Old Trafford in their opening UEFA Europa League encounter. After scoring the winner in the 73rd minute, Greenwood became the youngest European scorer for Man United at 17-years of age. In the process, he went past the record set by Marcus Rashford in 2016.Significantly, Manchester kept the ball for most of the match, with 75% ball possession. However, even then, they had to stay content with...

UEFA Europa League: Bukayo Saka helps Arsenal win against Eintracht Frankfurt

Arsene Wenger to step down after 22 years in charge of Arsenal Reuters After failing to register a victory in the EPL last Sunday against Watford, Arsenal was looking forward to starting their UEFA Europa League campaign on a high. The Gunners won their opening Europa League tie against German side Eintracht Frankfurt convincingly, with the score-line reading 3-0.Joe Willock opened the account for the English side in the 38th minute. Arsenal was stuck with a lone goal for most of the rest of the match. However, an inspiring goal in the 85th minute by Bukayo Saka made the environment...

Google Renewable push: Company will invest $2 billion in combating climate change

What's Your Moonshot? Providing Affordable, Renewable Energy And Safe Water For Off Grid Villages Google on Thursday announced its biggest corporate social responsibility initiative till date. It is going to invest $2 billion (15,93,91,0000 pounds) in installing renewable energy infrastructure across the US, Europe and South America.The company plans to create 1,600 megawatts of electricity using wind and solar energy. The company has signed a record 18 energy deals at one go, which will cumulatively create 5,500-megawatt electricity."The agreements announced today will bring additional large-scale solar and wind farms—representing more than $2 billion in new energy infrastructure—to electric grids worldwide....

AirBnB IPO announced for 2020

Shocking video shows woman pushed down stairs after fight with Airbnb host Lerato Dumse via Storyful Airbnb has been rumoured to launch an IPO since long. The company has finally revealed that it is going public next year.In a press release on its website on Thursday, it stated, "Airbnb, Inc. announced today that it expects to become a publicly-traded company during 2020.This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act") and shall not constitute an offer to sell, or the solicitation of an offer...

Amazon pledges to be carbon neutral by 2040

Jeff Bezos' Blue Origin: Successful 'New Shepard' Test Flight Brings Amazon Boss Closer to Space Tourism International Business Times Amazon chief Jeff Bezos pledged Thursday to make the US technology and retail giant carbon neutral by 2040 and encourage other firms to do likewise, in a bid to help meet the goals of the Paris climate accord 10 years early."We want to use our scope and our scale to lead the way," Bezos told a news conference in the US capital, aiming to shake off the firm's reputation as a laggard on environmental issues."We're done being in the middle of...

Is Zinedine Zidane struggling as a manager at Real Madrid?

Real Madrid: UK College offers students chance to study for degree at Santiago Bernabeu Zinedine Zidane used to don the Real Madrid CF jersey between 2001 and 2006. Undoubtedly, Zizou established himself as one of the greatest playmakers of all time. His excellence showed even when he took on the responsibility as Madrid manager in January 2016. In his two-and-a-half-year run, Zidane added many feathers to his coaching crown. However, since he came back earlier this year for his second stint as coach, things have not been going according to plan.His win percentage is significantly low, with figures not even...

North Korea is developing its own cryptocurrency

Cryptocurrency: This is what Bitcoin mining looks like Newsweek Cryptocurrency has a new, unexpected taker – North Korea. The country is working on launching its own cryptocurrency, according to Alejandro Cao de Benos, a Spanish aristocrat and IT consultant, who serves as the country's liaison in the West.The currency is expected to move on the lines of the existing and most popular cryptocurrency – Bitcoin, Vice reported on Wednesday. Cao de Benos who works for the Committee of Cultural Relations for the Democratic People's Republic of North Korea (DPRK) told the publication that the country is getting ready to "dip...

Dutch footballer Kelvin Maynard shot dead in Amsterdam

The 10 Deadliest Mass Shootings in Recent U.S. History Various Sources Former Burton Albion defender Kelvin Maynard was fatally shot by two men on motorbikes. The incident happened on Wednesday evening in Amsterdam's Langbroekdreef area. The player was driving his car when the shooters chased him down and murdered him.During the chase, Maynard tried to escape the assailants by driving to a nearby fire station. Unable to control his vehicle, the victim crashed his car into the fire station. The shooters took the opportunity to riddle the vehicle with bullets before fleeing the scene.Paramedics and firemen tried to resuscitate Maynard...

Hate crimes rise by 47% at football matches in England & Wales

Frank de Boer is the 'worst manager in Premier League history' – Mourinho Hayters According to a newly published report, a whopping 47% rise has been noticed in terms of hate crimes at football games in England and Wales. The figure represents the data collected during the last season. As per the reports, such hate crimes happened across 193 matches.During the football season of 2017-18, similar crimes happened at 131 games. Last season, 79% of the total hate crimes were related to racism. However, the same report claims that football-related arrests dropped considerably by 10% during the same period. The...

UEFA Champions League: Cristiano Ronaldo silenced by Atletico Madrid

Cristiano Ronaldo Joins Juventus Getty, Giphy Juventus FC gave up their two goal lead against Atletico Madrid at the Wanda Metropolitano in Matchday 1 of the UEFA Champions League. The match ended in a 2-2 draw. Cristiano Ronaldo could have emerged as the hero of the match, had he utilised the brilliant opportunity that he got in the 94th minute.Until half-time, the scoreline was blank. In the second half, things fell under Juve's control as the Serie A champions took the lead in the 48th minute, thanks to Juan Cuadrado's blinder. On 65th minute, Blaise Matuidi added one more to...

UEFA Champions League: Real Madrid humiliated in Paris

Gareth Bale: Real Madrid Are Confident IBTimes UK Real Madrid CF choked against Paris Saint-Germain as the two goliaths collided in Paris in their first UEFA Champions League encounter. The match ended 3-0 in favor of the home side.Former Real Madrid player Angel Di Maria scored twice before half-time to take the match away from the Spanish side. Thomas Meunier scored the third at the 91st minute to ensure three points for the French champions. PSG didn't have Neymar Jr., Edinson Cavani and Kylian Mbappe in their line up. However, that didn't prove fatal for the hosts, as they completely...