Business

Billionaire Ray-Ban Leonardo Del Vecchio dies  CNN Business

Billionaire Ray-Ban Leonardo Del Vecchio dies CNN Business

Leonardo Del Vecchio, president of eyewear company Essilor Lukottica (ESLOF) and one of Italy’s richest business figures, has died at the age of 87, his company said on Monday. “EssilorLukottica announces with regret today that its president has passed away,” the group said in a statement, adding that the board would meet to “determine the …

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European markets are growing as the positive global momentum continues

European markets are growing as the positive global momentum continues

LONDON – European stocks rose on Monday, continuing the positive trend seen at the end of last week’s trading. The pan-European Stokk 600 index added 0.7% in early trading, with underlying resources jumping 2.9% to lead gains as all sectors and major stock markets entered positive territory. The bigger opening on Monday comes after the …

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European markets are growing as the positive global momentum continues

European markets grew by 1% as the positive global momentum continues

LONDON – European stocks rose on Monday, continuing the positive trend seen at the end of last week’s trading. The pan-European Stokk 600 index added 1.1 %% in early trading, with underlying resources jumping 3.7% to lead gains as all sectors and major stock markets entered positive territory. In terms of individual stock price movements, …

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China's industrial profits are falling again in May, despite the easing of COVID restrictions

China’s industrial profits are falling again in May, despite the easing of COVID restrictions

BEIJING, June 27 (Reuters) – Chinese industrial companies’ profits fell at a slower pace in May after falling sharply in April as activities in major manufacturing centers continued, but COVID-19 restrictions continued to strain factory production and reduce factory margins. Profits fell 6.5 percent from a year earlier, down from 8.5 percent in April, according …

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Crypto is collapsing, but the technology behind it could save billions of luxury brands

Crypto is collapsing, but the technology behind it could save billions of luxury brands

These losses can damage both profits and reputation – which is why some brands are now turning to technology to protect their products, brand value and consumers. Despite being competitors, a conglomerate of luxury brands LVMH (LVMHF) joined forces with Prada (PRDSI)and Cartier in April 2021 to establish the Aura Blockchain Consortium, a non-profit platform …

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Airlines have received $ 50 billion to help the pandemic – but they are still fucking Americans

If you have recently flown or tried, it could go something like this: Your flight from 13:00 became a flight at 17:00, it switched to a midnight flight before it was canceled after a short procedure. No explanation was given. The following flights are already fully booked, but have a mid-seat with two transfers going …

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A wild video allegedly shows a drunk flyer pushing a girl, crawling a worker at the airport

A wild video shows a drunken British tourist pushing his girlfriend to the floor and hitting a security guard at an airport in England after he was banned from flying, according to reports. A 19-second viral footage captures the moment when a potential EasyJet passenger forcibly pushed his girlfriend and hit an airline employee after …

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