Presidential candidate Bernie Sanders has been a loud critic of the ultra wealthy. Under his newest plan, he is ensuring those in the highest income bracket pay what he sees as their fair share in taxes. On Tuesday, Sanders released his “Tax on Extreme Wealth” proposal. The plan would place a 1% tax on the top 0.1% of […]

The boss of travel operator TUI has said his firm will take action to help get people booked on Thomas Cook flights home. Speaking to investors this morning, TUI chief executive Friedrich Joussen said: "On Monday 23 September 2019, our competitor Thomas Cook UK and associated UK entities entered into compulsory liquidation. "TUI is preparing measures […]

SAO PAULO (Reuters) – Chinese telecoms equipment maker Huawei Technologies Co said on Sunday it was not interested in acquiring struggling Oi SA (OIBR3.SA) or any other Brazilian carrier. Brazilian newspaper O Globo reported on Saturday in its online version that Huawei was joining forces with China Mobile (0941.HK) to potentially enter a dispute to […]

LONDON (Reuters) – Bosses at Britain’s Thomas Cook (TCG.L) were meeting lenders and creditors on Sunday to decide whether the world’s oldest travel company could survive until Monday, or face a chaotic collapse that would be felt around the world. Running hotels and resorts, airlines and cruises, Thomas Cook has 600,000 customers on holiday, meaning […]

Microsoft’s global president has warned that Ireland’s rural economy could suffer catastrophic damage if broadband remains unavailable. In an exclusive interview with the Sunday Independent, Brad Smith said areas outside Dublin, Cork and other cities would face an “extraordinarily difficult” future for jobs and development without broadband access. Please log in or register with Independent.ie […]

Holidaymakers are worried about the future of Thomas Cook – and they have reason. As things stand, the travel agent is in the middle of a last-ditch attempt to secure funding – which, if successful, will see it keep trading. But if it fails, the firm could collapse. For the millions of people with holidays […]

WASHINGTON (Reuters) – President Donald Trump’s barrage of tweets blasting the U.S. Federal Reserve appears to have been ignored by both Republicans and Democrats who largely see the central bank as neutral in its decision making, according to results of a new Reuters Ipsos poll. In more than a year of tweets to his nearly […]

LONDON (Reuters) – Britain’s Thomas Cook (TCG.L) needs to find an extra 200 million pounds ($251 million) to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. Demand for an extra funding facility puts that deal at risk, as well as the jobs of […]

TOKYO (Reuters) – Asian share prices rose on Friday as economic stimulus around the world helped eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%, though it was on […]

The owner of one of Ireland’s most visited tourist attractions, Blarney Castle in Co Cork, has stalled plans for a 120-bed nursing home and 29 detached houses. Last month, Cork County Council gave the go-ahead to Hydro Estates for the nursing home and 25 of the houses at St Ann’s Hill, Kilnamucky, Tower, Blarney. Please […]