Italy
The unexpected reality of the Saturnia hot springs
Ana Mihaljevic documents her less than ideal experience at Terme di Saturnia. Source
Read More
Lululemon aims to double sales to $12.5 billion by 2026, eyeing even bigger men’s business
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Lululemon aims to double its 2021 revenue in the next five years, putting it on track to hit $12.5 billion in sales by 2026, as the retailer rides a wave of Covid pandemic-fueled demand for workout clothes. Lululemon […]
Read More
Energy giants Siemens Gamesa and SSE agree $628 million deal amid rising costs and profit warnings
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operating loss of roughly 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gamesa Renewable Energy has agreed to sell assets […]
Read More
Putin talks tough on gas-for-rubles deadline. But European leaders aren’t too worried
Russian President Vladimir Putin has demanded so-called “unfriendly” countries pay for Russian gas in rubles. Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin has sought to ratchet up the pressure on foreign buyers of natural gas, telling so-called “unfriendly” countries to pay in rubles from Friday — or have their supplies cut […]
Read More
European markets pull back amid doubts over latest Russian pledges over Ukraine
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with autos shedding 1.6% to lead losses, while oil and gas stocks gained 2.1%. In terms of individual share price movement, […]
Read More
European markets climb as Ukraine-Russia talks begin; Stoxx 600 up 1.8%
LONDON — European stocks advanced on Tuesday as another round of Ukraine-Russia talks got underway. The pan-European Stoxx 600 climbed 1.8% by mid-afternoon, with autos jumping 4.5% to lead gains as all sectors and major bourses traded in positive territory. In terms of individual share price movement, Swedish investment company Storskogen Group added more than […]
Read More
Intel commits $36 billion to making chips in Europe
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel announced Tuesday that it plans to invest over 33 billion euros ($36 billion) into boosting chipmaking across the European Union […]
Read More
Italians reveal their favorite places to go on vacation — in Italy
Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to […]
Read More