Business

Fosun buys Thomas Cook brand for £11 million

Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British travel group went bust and left hundreds of thousands of holidaymakers stranded abroad.

Energy & Green Tech

Wind power from the sky

Anyone who has ever steered a child's kite knows the feeling: The wind grips the kite and pulls the string. The string is quickly tensioned, the spindle rotates between the fingers and is difficult to control. The question ...

Business

Thomas Cook airline Condor keeps flying but seeks govt loan

Condor, the German airline subsidiary of British travel giant Thomas Cook, said Monday it was requesting financial aid from Berlin to help keep it in the air even after its parent company declared bankruptcy.

Business

UK travel giant Thomas Cook faces collapse

Thomas Cook's 178-year existence was hanging by a thread on Sunday after the iconic British travel firm struggled to find further private investment and is now relying on an unlikely government bailout.

Internet

Telegram secretly plans 'Gram' cryptocurrency

Working in secrecy for a year, the Telegram messaging service has a plan: to beat Facebook in the race to launch a cryptocurrency with its new project "Gram".

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