Spain fines Airbnb 64 mn euros for posting banned properties
Spain’s leftist government said Monday it had fined Airbnb more than 64 million euros ($75 million), notably for posting listings for banned rental properties, at a time the country faces a housing crisis. The fine is final, the consumer affairs ministry said in a statement, adding the US holiday-rental giant must “correct the violations by […]
Home sellers are giving up at ‘unusually high rate,’ says new Realtor report
Late fall tends to be the time when the most homes come off the market, as so-far unsuccessful sellers would rather not sit through the slowest winter months. In October, however, delistings, which are reported with a one-month lag, were up 45.5% year to date and rose nearly 38% from October 2024, according to a […]
Prada completes acquisition of flashy rival Versace
Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion). Prada Group said in a statement that the deal with Capri Holdings, the US group which owned Versace, had “received all required regulatory clearances”. Lorenzo Bertelli — the […]
Toyota Reshuffles Its Board, Adding Auditors and Outsiders
Toyota announced plans to restructure its board on Tuesday in what it described as an attempt to bring in more diverse views and give a larger roles to auditors. Among six appointments is Christopher Reynolds, now an executive in the automaker’s North American operations. As a lawyer, and son of a Ford worker, he brings […]
German factory orders rise more than expected
German industrial orders rose far more than expected in October, official data showed Friday, raising hopes that a long downturn in Europe’s biggest economy may have bottomed out. New orders increased 1.5 percent month-on-month, boosted by big orders for transport equipment, according to preliminary figures from statistics agency Destatis. Analysts surveyed by financial data firm […]
China’s trade surplus tops $1 trillion despite plunge in US-bound exports
China’s towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets. Presidents Xi Jinping and Donald Trump reached a tentative truce to their fierce trade war when they met in […]
Innovate Mississippi Startup Accelerator Wants to Create New Jobs and Opportunities
Mississippi has bemoaned its lack of technology startups and venture capital since the first dot-com boom in the mid 1990s. Innovate Mississippi believes it might have a solution. It is providing funding and training to seven Mississippi tech startups through a 12-week program. Alex Bucklew and Johnathan McAdory had an idea for a product that would find […]
Boeing closes takeover of aviation supplier Spirit
Boeing announced Monday that it completed an acquisition of aerospace supplier Spirit AeroSystems, saying the move will allow for more seamless operations and enhance quality control. Closure of the deal, first announced in July 2024, comes at a “pivotal” moment for the aviation giant, said Boeing Chief Executive Kelly Ortberg. The deal is worth $8.3 […]
Artlanta Experience Set to Dominate Art Basel with a High-Profile Celebration Featuring Justin Bieber, DJ Khaled, and Kim Kardashian
All eyes will be on Miami this December 5th at 8 PM as The Artlanta Experience takes center stage during Art Basel 2025, delivering an electrifying evening of culture, celebrity, and artistic innovation. Known for its cutting-edge fusion of high fashion, fine art, music, and influence, this year’s event promises to be the most iconic […]
Rony Maksoud: The Aesthetic Medicine Specialist Transforming Global Beauty
Miami — Venezuelan-Lebanese physician Rony Maksoud Sleiman is rapidly becoming one of the most influential figures in the new wave of aesthetic medicine, blending scientific rigor, cellular regeneration, and an artistic approach to facial harmony. His growing reputation has positioned him as a standout in Spain and across Latin America, where an increasing number of […]
