XL Leisure Group, Britain’s 3rd largest tour operator, went under unprecedentedly yesterday leaving more than 85,000 passengers traveling with their planes worldwide stranded.
All flights have been canceled and all aircrafts are grounded indefinitely.
Passengers who did their booking directly with the tour agency, including those who have not traveled, are very unlikely to get back their [...]

Forbes has named HSBC as the world’s largest company for the year 2008, replacing Citibank, which has been topping the table for many years before, in the annually published Forbes 2000 list.
Citibank slumped to 24th this time around, the worst fall it experienced in decades. Citibank also lost its status as the world’s largest bank [...]