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The bosses of Thomas Cook , the world's oldest travel company, were meeting lenders and creditors in London on Sunday to seek a last-ditch deal to save the company.

The fate of over 100 passenger jets and contracts with almost 40 leasing companies are tied up in last-minute talks to prevent a collapse of British travel group Thomas Cook .

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A top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt his re-election prospects, the Wall Street Journal reported on Sunday, citing people familiar with the call.

Indonesian investigators have found that design and oversight lapses played a key role in the October crash of Boeing Co's 737 MAX jet that killed all 189 aboard, the Wall Street Journal said on Sunday.

Wall Street stock futures edged up in early trade on Monday, setting an upbeat tone for Asian markets on hopes of an interim Sino-U.S. tariff deal after the U.S. Trade Representative characterized their two days of talks as "productive".

Thomas Cook , the world's oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.

Peter Fankhauser, the chief executive of Thomas Cook, apologized on Monday for the liquidation of the world's oldest travel company.

Asian shares started higher on Monday on hopes of an interim Sino-U.S. tariff deal after the two countries described their talks as "productive" and "constructive", while oil gained more than 1% as Middle East tensions remained elevated.

Oil prices rose to their highest in two sessions on Monday amid concerns about oil supply disruptions from Saudi Arabia and elevated tensions in Middle East.

Thomas Cook , the world's oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-U.S. trade talks after recent negotiations, while oil gained more than 1% as Middle East tensions remained elevated.

Britain's Thomas Cook Group Plc has approached the UK government for a bailout in an attempt to save itself from collapse after its lenders threatened to pull out of a proposed rescue deal, the Financial Times reported late on Friday.

Marks & Spencer Group Plc said on Saturday its Chief Financial Officer Humphrey Singer has decided to leave the company.

Britain's Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector.