Cruise & Maritime Voyages (CMV) has been placed into administration in the UK, while TransOcean Tours (owned by CMV) is facing the same scenario in Germany. All departures have been cancelled for CMV and TransOcean.
River cruises are making a quiet comeback on the Danube after the COVID-19 pandemic brought global tourism to a standstill and forced companies to suspend voyages.
Argentine president Alberto Fernandez on Monday dismissed a counter-offer from three groups of creditors who said they had rejected the country's proposal to restructure US$ 66 billion of debt.
Chevron said Monday it would buy Noble Energy in a US$ 5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper. The deal, the largest in the U.S. energy sector this year, comes more than a year after Chevron abandoned its offer for Anadarko Petroleum, outmaneuvered by Occidental Petroleum higher bid.
A study published by Science magazine on July 16 indicated that a fifth of Brazilian soy imports received by the European Union may come from land that has been illegally deforested.
Brazil's coronavirus death toll surpassed 80,000 on Monday, according to health ministry figures, as the country hit second-hardest in the world continued struggling to control the pandemic.
Ecuador pushed forward with its debt overhaul plans on Monday, requesting a vote among its creditors on reconfiguring the terms of US$ 17.4 billion of its external bonds, with its largest group of creditors backing the proposal.
US President Donald Trump promised on Monday to resume televised coronavirus briefings and spoke out in favor of mask-wearing - a marked change of tune as polls show him headed for election disaster.
Climate change is starving polar bears into extinction, according to research published on Monday that predicts the apex carnivores could all but disappear within the span of a human lifetime.
Two more Brazilian government ministers said on Monday they had tested positive for the novel coronavirus, underscoring a struggle to limit the world's second-worst outbreak even among the political elite.