Prada announced on Tuesday that it has acquired Versace, bringing two major Italian luxury fashion houses under one roof.
The $1.38bn (£1.04bn) deal is well below the roughly $2bn that Versace’s former parent company, Capri Holdings, paid for the brand in 2018.
The acquisition expands Prada’s…
A surge in climate litigation over the last decade has forced governments and big companies to act.
The Commission has granted status to 235 cross-border energy projects as Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs). The project will be eligible to apply for funding from the Connecting Europe Facility (CEF) and will benefit from expedited regulatory processes…
Technological developments are transforming daily life in many ways, including how people shop. Mobile payments are growing across Europe as more people use smartphones and smartwatches to make purchases.
In 2024, 6% of all point-of-sale (POS) payments in the euro area were made through…
As the festive season begins, health officials across Europe share tips to stay safe amid the revelry.
A Romani-Bosnian artist who seeks to empower Roma communities through both her cultural and social work has won a top cultural prize.
The Tajsa Roma Cultural Heritage Prize is awarded every two years to celebrate Roma individuals who “strengthen, preserve, and renew” Roma cultural…
Die Union kämpft um ihre Mehrheit beim Rentenpaket. In der Fraktion wurde am Dienstag deutlich, wie brüchig die Unterstützung in der Fraktion ist. Gordon Repinski und Rasmus Buchsteiner ordnen ein, wie viele Abweichler sich in der Union abzeichnen, wie man sie umstimmen will…
Indonesia and the Netherlands have signed a deal to return two elderly Dutch nationals jailed in Indonesia for drug offences – one on death row and the other serving a life sentence.
The Dutch government had requested their repatriation “on humanitarian grounds”, it said in a statement on…
Lawmakers in France are sparring this week over a highly contentious plan to freeze inflation adjustments on pension payments next year, part of a wide-ranging effort to trim billions of euros from the budget and get the deficit below 5 percent of gross…
