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Monday, October 26, 2026
The New York Finance

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Monday, October 26, 2026

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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…

By The New York Finance Staff

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…

By The New York Finance Staff

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…

By The New York Finance Staff

G20 summit opens in South Africa without Trump

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump’s pointed absence.  The Johannesburg gathering is…

By The New York Finance Staff

Return to bad days of hyperinflation looms in Venezuela

Venezuelans are grappling with political and economic chaos, a mass population exodus and fears of a US military attack. Now, their wallets are ever thinner as a return to hyperinflation looms. Increasingly,…

By The New York Finance Staff

Guinness maker Diageo picks new CEO after US tariffs cloud

Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve performance hit partly by US President Donald Trump’s tariffs. Dave Lewis, presently…

By The New York Finance Staff

‘Netflix House’ marks streaming giant’s first theme park

After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this week, rivalling entertainment giants Disney and Universal Studios. The company’s “Netflix House”…

By The New York Finance Staff