Travel giant Thomas Cook fails to find private funds to avert collapse: Source

Iconic British travel firm Thomas Cook has failed to find further private investment to stave off collapse and is now relying on an unlikely government bailout, a source close the matter told AFP on September 21. The operator had said on September 20 that it needed 200 million pounds ($ 250 million) — in addition to the 900-million pound rescue deal secured last month — or else face administration, which could potentially trigger Britain’s largest repatriation since World War II. A source close to the negotiations told AFP that the company had failed to…

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Education rot runs deep & wide – System collapse challenge for Nitish

Unsuccessful Intermediate students demonstrate in front of the BSEB office demanding re-evaluation of answer-papers. The students raised slogans against the chief minister, the education minister and BSEB officials. BSEB chairman Anand Kishor said students who had any doubts about their results could apply for scrutiny from June 3 to 12. Priority would be given to candidates who have cleared competitive examinations such as engineering but have performed poorly in their Intermediate, Kishor said. The scrutiny of papers for such candidates will be completed by June 30. Text by Roshan Kumar,…

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Syria peace talks near collapse as opposition declares pause

Syrian peace talks came close to collapse on Monday, with the mainstream opposition announcing a pause in talks at the United Nations headquarters in Geneva, although it agreed to keep its negotiating team in the city. The Western-backed opposition High Negotiations Committee (HNC) said in a letter to rebel fighters that government military advances meant a ceasefire was effectively over and it was calling a postponement in the talks. Rebels, who accuse the government of breaking the ceasefire to try to recapture the northern city of Aleppo, announced an offensive…

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