economy of the country
Venice Access Fee: What to Know Before Your Day Trip: Venice is trying to mitigate overtourism with a small fee on busy days. City leaders hope it will make ...
nytimes.com/2024/04/25/world/europe/venice-access-fee.html
Quick Glance: Venice pioneers payment system for managing tourism influx
- Venice will become the first city in the world to introduce a payment system for tourists in an attempt to reduce the crowds during peak seasons.
- Visitors not staying overnight must pay a 5 euro entry fee online before entering the city on April 25, with random checks and fines for those who fail to register.
- The city may consider charging higher fees at certain times of the year to discourage arrivals in the future.
- Measures include banning large cruise ships, limiting tourist group sizes, and addressing the impact of mass tourism on Venice's fragile ecosystem.
Improvement: The Bloomberg Close, Europe Edition: Good afternoon. Here's what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-24/improvement-the-bloomberg-close-europe-edition
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Kering (KER) Shares Drop After Gucci Slump Prompts Profit Warning: Kering SA shares tumbled after the luxury group warned that profit will plunge in the first ...
bloomberg.com/news/articles/2024-04-24/kering-shares-drop-after-gucci-slump-prompts-profit-warning
Paid articlePaid
Venice begins charging day-trippers to enter city: Venice has begun to charge day-trippers looking to enter the historic Italian city, a world-first intended to ...
rte.ie/news/2024/0425/1445542-venice/
Lamborghini's 2025 Urus Hybrid: A Slow Tiptoe Towards Electric: The second plug-in from the Italian carmaker packs nearly 800 horsepower and lots of ...
bloomberg.com/news/articles/2024-04-24/lamborghini-s-2025-urus-hybrid-a-slow-tiptoe-towards-electric
Millions expected: Rare Michael Schumacher watches to be auctioned: Formula 1 legend Michael Schumacher has collected more than 100 luxury watches from a wide ...
stern.de/lifestyle/mode/rolex--audemars--seltene-uhren-von-michael-schumacher-werden-verkauft-34656070.html
Hugo Boss to sell its Russian subsidiary: Along with many other Western companies, Hugo Boss suspended its retail operations in Russia after the beginning of the ...
kyivindependent.com/hugo-boss-to-sell-its-russian-subsidiary/
Caterpillar, Deere inventories in focus as machinery demand plateaus: Equipment inventories will be in focus when Caterpillar , Deere and CNH Industrial report ...
reuters.com/business/caterpillar-deere-inventories-focus-machinery-demand-plateaus-2024-04-24/
Italy’s Superbonus-Stoked Debt Draws Fitch’s Attention: Italy’s return to a trajectory of rising debt risks complicating the task of managing the euro zone’s ...
bloomberg.com/news/articles/2024-04-24/italy-s-superbonus-stoked-debt-path-draws-fitch-s-attention
Paid articlePaid Eni ups 2024 share buyback after Q1 net profit beats consensus: Italian energy group Eni said on Wednesday it would raise its planned 2024 share buyback by 45% ...
reuters.com/business/energy/eni-ups-share-buyback-after-q1-net-profit-beats-expectations-2024-04-24/
A new era begins in Venice on Thursday: VENICE. The lagoon city, which has become a symbol of mass tourism, is testing a controversial fee system for day ...
nachrichten.at/panorama/weltspiegel/in-venedig-beginnt-am-donnerstag-eine-neue-aera;art17,3942778
Quick Glance: New Entry System in Venice
- Venice's city government initiates an experiment to manage visitor influx.
- A 5 Euro entry fee required on 29 days a year, QR code and ticket necessary.
- Exceptions for locals, children under 14, and specific groups.
- Debates on the plans, criticism of the measures, and approval from hoteliers.
Stock Markets Today: Gucci, BOE rate outlook, gold, Tesla: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-gucci-boe-rate-outlook-gold-tesla
Kering Warns Profit to Tumble Following Gucci Woes in China: Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed ...
bloomberg.com/news/articles/2024-04-23/kering-warns-profit-to-tumble-following-gucci-woes-in-china
Quick Glance: Kering Faces Profit Decline Amid Gucci Sales Drop
- Kering expects a significant decline in profits in the first half of 2024, leading to an 8.5% drop in shares.
- Gucci's sales, the major brand share of Kering, declined by 18% on a comparable basis, mainly due to weak sales in the Chinese market.
- The company plans to continue investing in the long-term elevation of its brands, particularly Gucci, although this is challenging amidst aesthetic changes.
- Kering anticipates improved sales performance in the second half of the year, but does not expect significant improvement at Gucci in the second quarter.
Kawasaki to shut down factory WSBK team at end of 2024: Kawasaki will end its factory involvement in the World Superbike Championship at the conclusion of the ...
motorsport.com/wsbk/news/kawasaki-to-shut-down-factory-wsbk-team-at-end-of-2024/10602782/
Time for Kering’s king to consider a step back: Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d ...
reuters.com/breakingviews/time-kerings-king-consider-step-back-2024-04-24/
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
Panetta Says Middle-East Conflict May Destabilize Energy Markets - Bloomberg: Bank of Italy Governor Fabio Panetta warned of the potential fallout should the war ...
bloomberg.com/news/articles/2024-04-23/panetta-says-middle-east-conflict-may-destabilize-energy-markets
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Thuringians have lost interest in electric cars: Many parking spaces reserved for electric cars remain empty in Thuringia. Due to the elimination of the purchase ...
thueringer-allgemeine.de/wirtschaft/article242166152/Thueringer-haben-Lust-am-E-Auto-verloren.html
Paid articlePaid Italian fashion house Valentino suffers drop in profit in 2023: Operating profit at Italian fashion house Valentino dropped 18% last year, to 99 million euros ...
reuters.com/business/retail-consumer/italys-fashion-house-valentino-posts-3-drop-2023-revenues-2024-04-23/
Quick Glance: Valentino's Decline in 2023 Sales and Profitability Revealed
- Valentino experienced a 5 percent decline in 2023 revenues to 1.35 billion euros due to the challenging global luxury market environment.
- Direct sales, including E-commerce, saw a 3 percent increase, primarily driven by strong performance in Asia-Pacific and Japan, while Europe faced difficulties in the latter half of the year.
- The proportion of sales from directly operated retail rose to 66 percent in 2023 compared to 62 percent in the previous year.
- The company reported a 42 percent growth in the beauty and fragrance sector, licensed to L'Oréal since January 1, 2019.
Rising Coffee Prices Stir Concern Amongst Coffee Lovers - PolandDaily24.com: As the cost of a cup of coffee continues to climb in Italy, millions of espresso ...
polanddaily24.com/rising-coffee-prices-stir-concern-amongst-coffee-lovers/business-tech/40688
Italy Roaster Lavazza to Buy Vending Machine Maker IVS: Coffee roaster Luigi Lavazza SpA agreed to buy vending machine maker IVS Group after launching a cash ...
trib.al/BaTpzYO
Zoe Ball heartbroken as she confirms death of mother after cancer diagnosis: Zoe Ball has confirmed the death of her beloved mother Julia just weeks after taking ...
dailyrecord.co.uk/entertainment/celebrity/zoe-ball-heartbroken-announces-death-32657692
Quick Glance: Zoe Ball mourns her mother after devastating cancer diagnosis
- Following a cancer diagnosis in her mother, Zoe Ball announced the tragic loss.
- BBC Radio 2 DJ Zoe, 53, shared the sad news on social media, expressing being 'bereft' after the passing of her beloved mother Julia.
- Returning to her BBC Radio Two morning show on April 17, 2024, Zoe dedicated a poignant Bon Jovi track to the paramedics who compassionately assisted in Julia's transition to hospice care.
- After her heart-wrenching announcement, Zoe received an outpouring of online support. Although Zoe had a complex relationship with her mother Julia, they grew closer when Julia's third husband Rick Peckham was diagnosed with ALS in 2012.
Debate on competitiveness: Europe must dare to be more capitalism: The USA has left the EU behind economically. The Europeans don't want to admit why this is: ...
spiegel.de/wirtschaft/wettbewerbsfaehigkeit-europa-muss-mehr-kapitalismus-wagen-a-2db11cb6-02c2-407b-acbf-37647461f52e
Volkswagen holds keys to Porsche's race against Ferrari: Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its ...
reuters.com/business/autos-transportation/volkswagen-holds-keys-porsches-race-against-ferrari-2024-04-23/
Italy fines Amazon 10 mln euros for alleged unfair commercial practices: Italy's antitrust authority has fined two subsidiaries of Amazon a total of 10 million ...
reuters.com/markets/europe/italy-fines-amazon-10-mln-euros-alleged-unfair-commercial-practices-2024-04-24/
Quick Glance: Italy fines Amazon 10 mln euros for unfair practices
- Italy's antitrust authority fined two Amazon subsidiaries 10 million euros for alleged unfair commercial practices.
- Amazon was accused of limiting consumer choice by pre-setting recurring purchase options.
- The automatic pre-selection of recurring purchases influences buying habits and restricts consumer freedom of choice.
- Amazon was not available for immediate comment.
42 percent of Austrians pass the time on the toilet using their cell phones. In our neighbors in Switzerland it is slightly higher (45 percent) and in Italy it ... Show more www.derstandard.at/story/3000000217403/nicht-ohne-mein-handy-42-prozent-sitzen-mit-dem-smartphone-am-klo
San Francisco to Milan, Italy for only $463 roundtrip: Cheap flights from San Francisco to Milan, Italy for only $463 roundtrip with TAP Air Portugal.
secretflying.com/posts/summer-san-francisco-milan-italy-544-roundtrip/
Ithaca Energy snaps up Eni's UK assets in $940 million North Sea deal: Ithaca Energy has agreed to buy nearly all of Eni's UK-based oil and gas producing assets ...
reuters.com/business/energy/ithaca-energy-buy-enis-uk-assets-about-940-mln-2024-04-23/
Gucci-Owner Kering Facing Tough Turnaround Challenge: Some investors and analysts are questioning whether CEO François-Henri Pinault is the right man to overhaul ...
bloomberg.com/news/features/2024-04-22/gucci-owner-kering-facing-tough-turnaround-challenge
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Owners Renovate Layout of House, but Dog Didn't Quite Get the Memo: Diesel "still can't get his head around the fact that by sitting there now ...
newsweek.com/dog-confused-home-renovation-door-1893243
Valentino Chairman Bets Quiet Luxury Is Over After Michele Hire: The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want ...
bloomberg.com/news/articles/2024-04-22/valentino-chairman-bets-quiet-luxury-is-over-after-michele-hire
Rüsselsheim with high-tech: New Opel Grandland unveiled - grown quite a bit: With the second generation of the Grandland, the SUV has not only grown ...
n-tv.de/auto/Neuer-Opel-Grandland-enthuellt-ganz-schoen-gewachsen-article24886951.html
Opel ramps up production for new electric model in Eisenach: Florian Huettl, Managing Director of Opel Automobile GmbH, during the presentation of the new Opel ...
thueringer-allgemeine.de/leben/vermischtes/article242162942/Opel-faehrt-Produktion-fuer-neues-Elektromodel-in-Eisenach-hoch.html
How easy is it to get Italy's new digital nomad visa?: The launch of Italy's digital nomad visa has sparked excitement among remote workers around the world ...
thelocal.it/20240423/how-easy-is-it-to-get-italys-new-digital-nomad-visa
GM's CEO no longer highest paid Detroit auto executive: GM CEO Mary Barra made $27.8 million in 2023, behind Stellantis NV CEO Carlos Tavares' compensation.
detroitnews.com/story/business/autos/general-motors/2024/04/24/gm-ceo-no-longer-highest-paid-detroit-auto-executive/73411377007/
A London pub has seen an explosion in visits from so-called "Swifties" after a track on Taylor Swift's hotly anticipated new album was seemingly ... Show more #afp #taylorswift #blackdog #tpd
Shoppers in Asia are powering the global luxury industry (again): Local shoppers and tourists are giving Prada and Moncler a boost
qz.com/luxury-retail-prada-gucci-moncler-1851432780
Opel boss convinced: Slump will not stop electric cars: At the end of the year, the government stopped subsidies for electric cars, and the industry has not ...
spiegel.de/wirtschaft/opel-flaute-wird-elektroautos-nicht-aufhalten-a-beb259e0-1720-49e2-96bc-57a2430e6e8c
Fiat, Alfa Romeo: Italy's car industry has missed the electric age: Car production has been falling in Italy for many years. Many suppliers are heavily dependent ...
nzz.ch/wirtschaft/fiat-alfa-romeo-italiens-autoindustrie-hat-das-elektro-zeitalter-verschlafen-ld.1826094
Palatinate liverwurst principle: Why an Alfa Romeo should not be called Milano: Palatinate liverwurst principle: Why an Alfa Romeo should not be called Milano - ...
rheinpfalz.de/politik_artikel,-pf%C3%A4lzer-leberwurst-prinzip-warum-ein-alfa-romeo-nicht-milano-hei%C3%9Fen-darf-_arid,5639482.html
Italy delivers €10 million fine to Amazon over 'unfair' practices: Authorities say the firm's pre-ticking site design limits the freedom of choice ...
euronews.com/business/2024/04/24/italy-delivers-10-million-fine-to-amazon-over-unfair-commercial-practices
How a home-improvement subsidy is wrecking Italy’s public finances: Government largesse is costing taxpayers
economist.com/the-economist-explains/2024/04/17/how-a-home-improvement-subsidy-is-wrecking-italys-public-finances
Rosberg expresses bitter suspicion: crisis and taunts are wearing down record world champion Hamilton
n-tv.de/sport/formel1/Krise-und-Sticheleien-zermuerben-Rekordweltmeister-Hamilton-article24891624.html
Coach, Michael Kors, Versace: US competition watchdogs fear rising handbag prices
spiegel.de/wirtschaft/unternehmen/handtaschen-von-coach-kate-spade-michael-kors-versace-wettbewerbshueter-fuerchten-steigende-preise-durch-fusion-a-ba874a97-c6f8-49eb-a775-fc757786f10b
Italy expects ECB to start cutting rates in second half of year: Italy expects the European Central Bank (ECB) to start cutting interest rates from the second ...
reuters.com/markets/rates-bonds/italy-expects-ecb-start-cutting-rates-second-half-year-2024-04-22/
Stories to remember.
Unveiling Gucci Lido, a collection of summer-ready pieces that make for the perfect companions for the season ahead ... Show more on.gucci.com/_GucciLido
Excess pesticide residues fourfold higher in imported food, agency finds: There is a low risk to consumer health from exposure to pesticide residues in food but ...
euronews.com/health/2024/04/24/excess-pesticide-residues-fourfold-higher-in-imported-food-agency-finds
Cruel mum and son killed French bulldog Gucci and left her body in bathtub: Mother and son Susan Shaw, 60, and Jack Wynne, 30, have been banned from keeping ...
mirror.co.uk/news/uk-news/cruel-mum-son-killed-french-32655225
Quick Glance: Mother and Son Starve French Bulldog Gucci
- After a French bulldog in their care died of starvation, mother and son, Susan Shaw, 60, and Jack Wynne, have been banned from keeping animals for a decade.
- The cruel mother and her son faced legal consequences for their animal cruelty.
- French bulldog Gucci was discovered dead and partially decomposed in a bathtub, while another dog named Violet was severely dehydrated and malnourished.
- Shaw received a 26-week prison sentence, suspended for 18 months, and Wynne was given a three-month prison sentence, also suspended for 18 months. In addition to a fine of £154, they were both prohibited from keeping animals for 10 years.
Brands billionaires are wearing this spring: The spring season is here, and billionaires are choosing Italian brands, trendy sneakers, and more for their style.
businessinsider.com/brands-billionaires-are-wearing-this-spring-2024-4
Novartis: Giovanni Caforio to replace Jörg Reinhardt as CEO: Under outgoing Chairman Jörg Reinhardt, the former general store Novartis was dismantled. However ...
nzz.ch/meinung/novartis-giovanni-caforio-soll-joerg-reinhardt-als-vrp-ersetzen-ld.1827564
Quick Glance: Positive Quarterly Results Lead to Guidance Increase at Novartis
- Novartis raises its annual guidance following a successful first quarter.
- Revenue increased by 10% to $11.83 billion, with adjusted operating income growing by 16% to $4.54 billion.
- CEO Vas Narasimhan is focusing more on drug development and has been active in mergers and acquisitions.
- Novartis has secured promising drugs, including an experimental prostate cancer drug from Arvinas and the company MorphoSys, which develops cancer treatments, for 2.7 billion euros.
Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months
apnews.com/article/stellantis-factory-layoffs-electric-vehicle-transition-e2c7aa80532fdd3f1af0178b5f48acba
A Gucci Lido summer.
Drawing inspiration from the spirit of an Italian getaway, where charming ‘lidos’ or beach clubs dot its coastlines ... Show more on.gucci.com/_GucciLido
Versace Icons: Cargo computer bag
Now at www.versace.com/de/de/herren/kollektionen/versace-icons-fur-herren/ Photography by Leonardo Scotti#VersaceIcons #Versace
A story unfolds through colour and craft. Discover the vibrant hues of the #FendiPeekaboo in #FendiSelleria craftsmanship, taught to the family in 1925 by the Eternal City's ... Show more
Elegant resort pieces and accessories, including the signature Jackie bag, embrace warm weather in the latest Gucci Lido collection ... Show more on.gucci.com/_GucciLido
Formula 1 in China: Ferrari lands on the ground of reality: Ferrari lands on the ground of reality at the race in China. The Scuderia is chasing behind ...
faz.net/aktuell/sport/formel-1/formel-1-in-china-ferrari-landet-auf-dem-boden-der-realitaet-19670461.html
Opinion | Giorgia Meloni Is Leading the Far-Right Takeover of Europe: Giorgia Meloni is the model for the continent’s far right.
nytimes.com/2024/04/22/opinion/meloni-europe-elections.html
Quick Glance: Giorgia Meloni Leading the Far-Right Movement in Europe
- Marion Maréchal warns of a threat to Europe from various foreign powers and Islamist organizations profiting from anarchic immigration.
- Giorgia Meloni serves as a role model for the European far right, aiming to take over the EU rather than leave it.
- Meloni has made a name for herself in Brussels through skillful diplomacy and is seen as a trailblazer for political directions in Europe.
- Under Meloni's leadership, Italy is focusing on outsourcing border controls to autocratic North African countries, with the support of the EU.
27-year-old dies in clinic: German student run over by garbage truck in Naples: A German student is traveling through Naples at night on a rented bicycle ...
n-tv.de/panorama/Deutsche-Studentin-in-Neapel-von-Muellwagen-ueberfahren-article24893224.html
Aldi: Customers look helplessly at the shelves - who can afford these vegetables?
derwesten.de/panorama/vermischtes/aldi-news-facebook-preis-spargel-italien-gemuese-id300933234.html
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
Samsung Galaxy S24 Ultra available at 'lowest ever' price in Sky deal: Read below to learn how to nab the offer on Samsung's highly popular device.
dailyrecord.co.uk/lifestyle/samsung-galaxy-s24-ultra-available-32644687
Individuality, integrity and bold creativity.#SamaraWeaving gives us a glimpse into her daily life, transitioning between on-set moments to more reflective off-screen ... Show more #VALENTINOGARAVANI #VSLING on.valentino.com/ValentinoGaravaniVSLINGBAG
Cat Transformed by Ultimate Glow-Up After Adoption: 'Queen': The feline's fur went from short and thin to long and luscious within seven months.
newsweek.com/cat-transformed-ultimate-glow-after-adoption-1892875
Quick Glance: Cat Undergoes Remarkable Transformation After Adoption: 'Queen'
- The cat's fur transformed from short and thin to long and luscious within seven months.
- A couple who adopted a cat from Egypt quickly realized the impact of diet on a cat's appearance.
- In TikTok videos, Gucci is showcased with short, thin hair initially, but later is seen with a full, luscious mane after proper care and nutrition.
- Gucci's makeover highlights the importance of a nutritious diet and regular grooming for a cat's health and appearance.
Best Golf Polos 2024: Best Golf Polos. The best of the best! We round up the best men's golf polos that you can buy this spring summer
nationalclubgolfer.com/best-golf-deals/best-golf-polos/
The Black Dog to Abbey Road: Celeb haunts that became tourist hotspots: Over the years a number of London locations have become tourist must-visits thanks to ...
metro.co.uk/2024/04/23/vauxhall-black-dog-pub-taylor-swift-celebrity-spots-20699899/
BYD, Polestar, Nio and Co: Are Chinese manufacturers flooding Europe with electric cars?
nzz.ch/wirtschaft/byd-polestar-nio-und-co-ueberfluten-chinesische-hersteller-europa-mit-billigen-elektroautos-ld.1824839
Dakar, Senegal to Milan, Italy for only $425 USD roundtrip: Cheap flights from Dakar, Senegal to Milan, Italy for only $425 USD roundtrip with Air Algerie.
secretflying.com/posts/dakar-senegal-to-milan-italy-for-only-311-usd-roundtrip/
Fans swoon over Anne Hathaway’s new cover shoot for V Magazine: ‘Well, not me having even more of a crush now,’ one fan gushes
independent.co.uk/life-style/fashion/anne-hathaway-v-magazine-reactions-b2532876.html
Quick Glance: Anne Hathaway Recalls Uncomfortable Chemistry Test with 10 Men
- Anne Hathaway shares uncomfortable experiences during chemistry tests with fellow actors in the 2000s.
- Despite initial reservations, Hathaway quickly established chemistry with Nicholas Galitzine in 'The Idea of You' as a producer.
- Instead of kissing every potential Hayes Campbell, actors were asked to showcase a song that fit the character.
- Hathaway and Galitzine immediately connected through music and dance, leading to a successful collaboration.
Ferrari announces Miami F1 livery change to mark US anniversary: Ferrari will change from its iconic red livery at the upcoming Miami Grand Prix ...
motorsport.com/f1/news/ferrari-announces-miami-f1-livery-change-to-mark-us-anniversary/10602403/
Versace Icons: Medusa '95 slingback pumps
Now at www.versace.com/de/de/damen/kollektionen/versace-icons-fur-damen/ Photography by Leonardo Scotti#VersaceIcons #VersaceMedusa95 #Versace
First win with Ducati ✅
Ended his 1771-day win drought ✅
Jack Miller had to work hard for his #SpanishGP 🇪🇸 victory in 2021 🤯#MotoGP
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