that coax planes the group's airline business comprised comprises of thomas cook airlines and condor germany together they have $105.00 jet.

to that coax planes the groups airline business comprise comprises of thomas cook airlines and condor germany together they have one $105.00 jets despite the group's collapse condor remains an operation flights are running normally but it's requested a bridging loan from the government and has said it cannot on our bookings made by a top thomas cook putting affected passengers in the same situation as thousands of others around the world. all of these a chance to d.h. trace and recharge the batteries not so for the travelers among hundreds of thousands of thomas cook customers wondering how well now they're going to get home . they just how to get to the r.b.a. area jet ski and we should get more information but we're not too sure that it's a nightmare they mistress. know or want it really foretold. what can you do if you're overseas on a thomas cook holiday and you can continue to enjoy your holiday he's launching. this is the last reproached. since the 2nd world war and we will be bringing haram every party. back back to the u.k. as close as possible to their return date 150000 brits need t

which offer trips to customers in germany switzerland austria and other countries add to that cook's planes groups airlines business comprises thomas cook airlines and condor or germany now china's flows through tourism one of cook's investors had been in talks to acquire a controlling stake in thomas cook for around 450000000 pounds but of course those talks collapsed. well over to europe a steep drop in german manufacturing is dragging down the eurozone economy that according to a key survey of business exacts the purchasing managers index which offers a snapshot of private sector activity dropped to a 6 year low in september that suggest the eurozone economy is stalling and close to recession the news that the euro is down 4 tenths of a percent against the dollar on monday economic powerhouse germany saw its factory activity shrink at its fastest rate for a decade during september. and for more on this let's go to our financial correspondent in new york yes korda yes nice to see you and his european markets didn't like this negative p.m.i. reading did wall street react well i mean analysts on wall street at least the cold those numbers plain all fall an

germany will guarantee a $400 million bridging loan for condor, an airline owned by the collapsed britishy minister says the loan will allow the airline, which is profitable, to keep flying and save about 5,000 jobs. the move is subject to eu approval. the german industrial giant thyssenkrupp says it is starting talks to end the contract of its current chief executive, guido kerkhoff. since he took over last year the firm has issued two profit warnings, shares have fallen 40% and the company has gone through two failed restructuring efforts. shares in nike have risen in after hours trading after its latest results beat market expectations. the firm's strategy of selling trainers and apparel directly to consumers seems to be paying off, with margins climbing dramatically to over 45%, well above analysts' expectations. the value of bitcoin has slumped by around 15% against the us dollar, hitting a 3.5—month low. the world's largest cryptocurrency has now lost more than a third of its value since early august. president trump and japan's shinzo abe were expected to unveil a new trade pact at

one day after the german government issued a loan of $380000000.00 euro's to condor airlines thomas cook's airline in germany which is yet to be approved by the competition commissioner meanwhile across the north sea in the united kingdom the british government will be taking the reins with more than 70 flights to return stranded passengers back home the flights will be carrying more than 16000 travelers in what will go down as the largest peacetime repatriation effort in the u.k.'s history according to reuters. german authorities have raided georgia banks searching for information related to don's a bank and its involvement in the money laundering scandal preliminary findings suggest that the way to handle about $200000000000.00 of suspicious transactions tied to don's care nancy a bank has been trying to untangle itself from the scandal but was ordered by estonia's regulators to pull out of the country earlier this year and is now the target of criminal investigations in a stone and the us preliminary criminal charges have been brought against several of its former execs dirty money saga has implicated oth

germany will guarantee a moo—million bridging loan for condor — an airline partially owned by the collapsedas cook. germany's economy minister says the loan will allow the airline, which is profitable, to keep flying and save about 5,000 jobs. the move is subject to eu approval. shares in nike have risen in after hours trading after its latest results beat market expectations. the firm's strategy of selling trainers and apparel directly to consumers seems to be paying off, with margins climbing dramatically to over 45%, well above analysts‘ expecations. the indian low—cost airline spicejet is weighing up whether to buy 100 airbus planes worth about $13 billion. this could be a blow to rival boeing, which has been the airline's go—to plane—maker until now. jagdip cheema joins us now from mumbai. lovely to see you. tell us a bit more about spicejet? the chairman said it received an offer for about 100 planes from airbus. spicejet is trying to continue expansion plans which have hit a bit of a after boeing grounded 737 max. it wants to expand by a further 60% and like other budget carriers, su

governments of germany as well as the state of has provided a bridge loan of 380000000 euros to keep the carrier flying jetting desperately needed liquidity into the otherwise profitable company condor was founded in 1955 and has been a full affiliate of thomas cook for a decade. meanwhile things remain difficult for thomas cook travelers all of whom just want to get home. going to be inert is upset 1st his hotel demanded a 1000 euros to cover his room bill money he had already paid to thomas cook then he had to spend another $200.00 in $1000.00 euros for a flight home to munich. just paying left and right always paying i have no idea where the money should come from. and yet he still doesn't know how we'll get home it's quite ironic because being paid for an all inclusive trip so he wouldn't need to worry but the carrier for his trip is currently not operating flights from majorca. british tourists and my your cousin seem to be doing much better than the germans those with thomas cook bookings are lining up at check in counters the british government has sent help and is still trying to arrange return flights for everyone left stranded. tourists all across the mediterranean island

flights under the thomas cook umbrella here in germany call cond all it says perhaps 240000 people are currently on holiday that have been flown by condor to destinations under the auspices of conduit which obviously is part of the umbrella organization of thomas cook but the important thing to stress from the german side of things is that convoy is still operating its flights the interesting thing is this morning what's in a an emergency bridging loan request to the german government is for the federal government to decide whether it wants to authorize a bridging loan that effectively would allow the north to carry on operating its flight churchills it said it will not take any more thomas cook customers and indeed that decision is being taken by other shops as we were hearing in the introduction there and also the rory was referring to the sort of shops that used to set will sell travel packages will many shops and different types of agencies operating under the umbrella of thomas cook say they're not sending any more packages and indeed any packages that was sold that would involve flying today or tomorrow will not be honored but the