TUI secures third bailout in COVID travel slump survival battle ...Middle East

TUI secured a third bailout on Wednesday, striking a deal with private investors, banks and the German government for an extra 1.8 billion euros ($2.2 billion) as the world's largest holiday company tries to ride out the coronavirus-linked travel slump. London-listed TUI has already received 3 billion euros in state loans this year and the latest government aid prompted calls from opposition lawmakers for Berlin to ensure that it came with strings attached.

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