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European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...- Middle East tourism pain is Europe's gainEuropeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights ...
- Iran war, jet fuel concerns cloud airlines' summer holiday plansEuropean airlines face significant challenges as the Iran war escalates jet fuel prices and disrupts Middle East travel, threatening the su...
- From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
- Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
- Should mask-wearing continue to be mandatory on planes?Within the past few weeks, Danish airports and London’s Heathrow Airport have lifted their mask requirements.
- Sonata Software likely to achieve secondary gains from Thomas Cook's fallSonata Software, for whom travel firm TUI is a top client, could gain indirectly from Thomas Cook's collapse.
- Travel companies beef up online presence for wider customer reachThe shift from offline to digital platforms has taken places across industries, and travel and tourism is no exception.
- Germany’s TUI acquires local travel company Le PassageRussian billionaire Alexei Mordashov-backed TUI, Germany's leading travel group, has taken controlling share of Le Passage to India.
- Booking from small cities like Mathura, Muzaffarpur, Ludhiana driving luxury travel boomClub 7 Holidays has created ‘Box Holidays’ packages, which includes cruise and several exotic destinations, especially for the small market...
- Emirates Holidays inks MoU with TUI India, Le Passage to IndiaWhile TUI India is a 50:50 joint partnership between Le Passage to India and TUI Travel PLC, Emirates Holidays is the tour-operating arm of...
- Sonata Software reports Rs 26 crore loss in September quarterBangalore-based IT consulting and software services firm Sonata Software today reported a consolidated net loss of Rs 25.98 crore for the S...
- TUI Travel India partners with ICC for World Twenty20 2012TUI Travel India has been appointed as the official travel agent in India for ICC World Twenty 20 2012 in Sri Lanka.
- Taking advantage of another brand’s disasterAs the impact of a sliding economy has begun to sort the weak companies from the strong, so the UK’s biggest brands have the opportunity to...
- Billionaire Mordachov boosts stake in TUIRussian billionaire Alexei Mordachov has increased his stake in TUI, one of the leading European travel and shipping groups, to 15.03 pc
- TUI says it will form a low-cost airline with LufthansaGerman travel and transport group TUI and airline Lufthansa are working on creating a new low-cost carrier, the TUI Travel subsidiary said ...
- TUI denies merger talks with NeptuneEuropean travel company TUI has denied a report that it is in merger talks with Neptune Orient Lines, operator of Southeast Asia’s largest ...
- Pairing up for lifeThe high street’s biggest travel operators are merging to revitalise a stagnant market.
- Sonata buys 50% in German co for euro 18 mnBangalore-based IT company Sonata Software has acquired a majority stake in the German firm TUI Info Tec. Sonata has acquired 50.1% in the ...
- Sonata to acquire stake in Hanover coSonata has signed an agreement with TUI AG in an all cash deal for 18 million euros.
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