Thomas Cook Shares Are Worth Nothing, Citigroup Analysts Say

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Thomas Cook Shares Are Worth Nothing, Citigroup Analysts Say

… average price target of 28 pence, according to analysts tracked by Bloomberg. … of the week at 47 cents, according to data compiled by Bloomberg.
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Vodafone NZ sold to Infratil, Brookfield for $3.4b

Vodafone has sold its New Zealand arm for the cash equivalent of $3.4 billion to a consortium comprising Infratil and Canadian firm Brookfield Asset Management. The deal with Infratil is subject to regulatory approvals and completion is anticipated during …
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India Is Running Out of Time to Enact Urgently Needed Reforms

With elections looming, the world's largest democracy faces intense pressure from young people with high expectations and poor prospects. By.
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Pinterest shares tumble as profit seen elusive

(Reuters) – Pinterest Inc’s shares slumped as much as 17% on Friday after the online scrapbook company’s disappointing annual forecast shook investors’ faith in its ability to turn in a profit soon. The company logo for Pinterest, Inc. with trading information is …
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UPDATE 1-Saudi to supply an extra 2 mln barrels/month to Indian Oil Corp from July

(Adds details on other deals, quotes). By Nidhi Verma. NEW DELHI, May 17 (Reuters) – Saudi Aramco will supply state-run Indian Oil Corp Ltd (IOC) an extra 2 million barrels of crude a month from July to December, an IOC executive said on Friday, as New …
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