Thomas Cook partners with Expedia for hotel sales

British tour operator Thomas Cook said on Thursday it had entered into a strategic alliance with Expedia to make the online travel company its preferred provider of hotels for certain holiday sales. Thomas Cook said that while it remained focused on its own-brand...

UK confirms Murdoch’s Sky bid will be examined over broadcasting standards

Rupert Murdoch’s planned $15 billion takeover of European broadcaster Sky will be referred to regulators over concerns about broadcasting standards, Britain’s Culture and Media Secretary Karen Bradley said on Thursday. On Tuesday, Bradley said she was...

Swiss central bank changes mantra on franc overvaluation

“The Swiss franc nevertheless remains highly valued, and the situation on the foreign exchange market is still fragile,” the SNB said in a statement after its quarterly policy review. The safe-haven franc has lost some of its allure in recent weeks as...

Asia’s opportunities outweigh risks from North Korea, says Japanese bank

There are plenty of business opportunities in Asia even though the region is home to what many consider to be the largest risk of the day: North Korea. That’s the sentiment of Daiwa Securities, according to Keiko Tashiro, the Japanese bank’s senior...

The spaceport industry is booming in every corner of the US, from Alaska to Virginia

Records are being set monthly in the space industry, and private companies are the ones leading the surge. While companies like United Launch Alliance and SpaceX may get the glory, thanks to the enduring sex appeal of thundering rocket launches, spaceports are quietly...

MUFG says picks Amsterdam as EU investment banking base

MUFG Securities EMEA plc, the European investment banking unit of MUFG, currently has its head office in London with staff of about 600 people. “The new subsidiary in Amsterdam will ensure that the Group can continue to provide these (securities) services to its...