Tag: Italy

Mount Etna’s fiery fury unleashed: Sicily’s holiday season in chaos

businessnewstoday- August 15, 2023

As picturesque Sicily's holiday rush begins, Mount Etna's dramatic ash explosion has caused a massive travel nightmare. Potential disruptions could affect millions, as flights face ... Read More

Mediterranean tragedy: 41 migrants die in shipwreck near Lampedusa

businessnewstoday- August 9, 2023

In an unfolding tragedy that has rocked the central Mediterranean, a horrific shipwreck has led to the untimely demise of a staggering 41 migrants. This ... Read More

Lampedusa shipwrecks result in multiple casualties; migrants left stranded

businessnewstoday- August 6, 2023

A devastating tragedy unfolded off the coast of Lampedusa, where the Italian coastguard discovered two lifeless bodies, managing to save 57 others amidst two shipwrecks. ... Read More

Richemont gains controlling stake in luxury shoemaker Gianvito Rossi

businessnewstoday- July 30, 2023

Luxury goods group, Richemont, has gained a controlling stake in renowned Italian shoemaking maison, Gianvito Rossi, via a private transaction. While the exact financial details ... Read More

Kering to acquire 30% stake in luxury fashion brand Valentino for €1.7bn

businessnewstoday- July 30, 2023

Kering, a leading player in the global luxury sector, has inked a deal with Mayhoola, an investment entity controlled by Qatari Mayhoola for Investments, to ... Read More

Menarini’s ORSERDU gets CHMP positive opinion in advanced breast cancer

businessnewstoday- July 22, 2023

The Menarini Group and its subsidiary, Stemline Therapeutics Inc., have received a favorable opinion from the European Medicines Agency's (EMA) Committee for Medicinal Products for ... Read More

From boiling Rome to scorching Phoenix: The heatwave that’s taking the world by storm

businessnewstoday- July 16, 2023

Across the globe, extreme temperatures became a pressing issue on Saturday, as millions of individuals, especially those in the United States, faced dangerously high heat ... Read More

Irish packaging giant Zeus Group takes over Cima Paper

businessnewstoday- June 28, 2023

Zeus Group, a global packaging solutions provider based in Ireland, announced today that it has acquired the well-established paper conversion firm, Cima Paper S.p.A. for ... Read More

BorgWarner to acquire electric hybrid systems segment of Eldor for €75m

businessnewstoday- June 20, 2023

BorgWarner, a global automotive industry components and parts supplier, has agreed to purchase the electric hybrid systems (EHS) business segment of Eldor Corporation. The acquisition, ... Read More

Nocheluna Sotol : Pernod Ricard introduces Mexican craft spirit in Europe

businessnewstoday- May 27, 2023

Pernod Ricard has introduced Nocheluna Sotol, a handcrafted spirit produced from the sotol (Dasylirion) plant indigenous to Chihuahua, Mexico, in select European countries. The sotol ... Read More