British travel operator Thomas Cook , which ran hotels, resorts and airlines ferrying 19 million people a year to 16 different countries. It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge operation to bring them all home.
Condor, the German airline subsidiary of collapsed travel company Thomas Cook said on Monday there were 240,000 people booked on its flights awaiting a return home.
More than half a million holidaymakers were stranded around the globe on Monday following the collapse of Thomas Cook , the world's oldest travel firm.
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.
Oil rose further above $64 a barrel on Monday, supported by doubts about how quickly Saudi Arabia can restore output after a crippling attack this month and a resulting greater focus by investors on supply risks.
Vivendi has decided not to exercise withdrawal rights over its Mediaset holding as a deadline to liquidate the stake in the Italian broadcaster expired at the weekend, two sources close to the matter said on Monday.
The Turkish finance and tourism ministries are working on a loan support package for local companies affected by the collapse of travel firm Thomas Cook , the Tourism Ministry said on Monday.
Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market.
Deutsche Bank's deal to transfer its prime brokerage business to BNP Paribas could see the move of up to 1,000 staff from the German lender to the French bank, a spokeswoman for BNP said on Monday.
Lufthansa has no plans to acquire insolvent British travel company Thomas Cook , the airline told German newspaper Die Welt on Monday.
Most Asian share markets slipped on Monday as investors waited for more clarity on Sino-U.S. trade talks, while oil gained more than 1% as Middle East tensions remained elevated.
Wall Street's main indexes were flat on Monday as mixed economic cues did little to soothe investor concerns over slowing domestic growth in the face of a prolonged U.S.-China trade war.
About 50,000 tourists are stranded in Greece, mainly on islands, as a result of British travel firm Thomas Cook's collapse, a Greek tourism ministry official told Reuters on Monday.
Thomas Cook bosses should have to pay back any bonuses they have received, Britain's opposition Labour Party finance spokesman John McDonnell said on Monday following the travel firm's collapse.
Aircraft leasing companies are launching moves to recover dozens of Airbus passenger planes after the collapse of British travel group Thomas Cook , market sources said.