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☆ Volkswagen’s electric car orders double in Europe
▼ + stars: | 2024-04-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs. New orders for electric cars more than doubled in Europe, Volkswagen said in an earnings statement Tuesday. He acknowledged, however, that the pace of EV sales growth in Europe and the United States had been slower than the German carmaker had originally anticipated. As for Volkswagen’s EV deliveries, they declined 16% in Europe in the first quarter compared with the same period in 2023. “With these actions and our highly profitable combustion engine car business, we are well-prepared to continue to play a leading role in China,” Antlitz said.

Persons: London CNN —, Arno Antlitz, carmaker, ”, Antlitz, ” Antlitz Organizations: London CNN, Volkswagen, Europe’s, CNN, EV, ” Locations: Europe, EVs ., United States, China

☆ Florence’s famed Ponte Vecchio to be restored to former glory with two-year makeover
▼ + stars: | 2024-04-12 | by ( Barbie Latza Nadeau | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —In the seven centuries since the Ponte Vecchio was first built in Florence, Italy, the bridge has watched the city changing around it, surviving floods, fires and the Nazi invasion in World War II. Now, the famed bridge itself is getting a two-year makeover, at the cost of about €2 million, to restore it to its former glory, the city of Florence and the Marchesi Antinorini winemakers announced on Wednesday. “This is a historic project because Ponte Vecchio has never had a restoration intervention of this technical complexity,” Florence’s mayor Dario Nardella told reporters on Thursday. Such is the Ponte Vecchio’s significance that it was the only bridge across the Arno River spared by the retreating German army towards the end of World War II. Previous replacement joints will be upgraded, the stone itself will be strengthened and the footpath’s stone will be restored too.

Persons: Vecchio, Ponte Vecchio, ”, Dario Nardella, “, Marchesi Antinori, Piero Antinori, Tod’s Organizations: CNN, Diesel Locations: Florence, Italy, Nazi, Venice

☆ Volkswagen CFO: We have a 'very strong position' in Europe
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolkswagen CFO: We have a 'very strong position' in EuropeArno Antlitz, chief financial officer of Volkswagen, says the company takes its Chinese competitors seriously.

Persons: Europe Arno Antlitz Organizations: Volkswagen Locations: Europe

☆ Volkswagen says tough market to weigh on car sales growth in 2024
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: +2 min

A Volkswagen logo is seen during the New York International Auto Show, in New York City, April 5, 2023. Volkswagen expects a 3% rise in its car sales this year, down sharply from 2023 amid a gloomy economic outlook and growing competition. Presenting the German automaker's 2023 results, finance chief Arno Antlitz said the "general economic situation remains challenging," but added "we are confident about 2024, despite the muted economic outlook and intense competition". When Stellantis reported results last month, it predicted a "turbulent" 2024. Volkswagen shares were down 0.65% to 120.16 euros at 1000 GMT, within a flat German market.

Persons: Arno Antlitz, Stellantis, Mercedes, Benz, Oliver Blume Organizations: New York, Volkswagen, EV, EVs, Ford, General Motors, VW Locations: New York City, Western Europe

☆ A celebrity stylist says the TikTok bow trend is the easy way to be on-trend next season
▼ + stars: | 2023-12-02 | by ( Priya Raj | ) www.businessinsider.com time to read: +3 min

Celebrity stylist Samantha Brown told BI the trend is easy to follow using what you already own. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Fforde told BI that her personal style is a balance of feminine and masculine aesthetics, and the bows lend themselves to this. AdvertisementAshlyn Greer, co-founder of online styling platform Fashivly told BI that bows can be added to any aspect of your look, so get creative. "Bows and ribbon now really seem to have taken over everyone's style — we have a current obsession with bows adorning everything," Fforde told BI.

Persons: Samantha Brown, —, Malone Souliers, Malone, Priya Raj, Simone Rocha, Brown, Lara Arno, Grace Fforde, Fforde, Ashlyn Greer Organizations: Service Locations: Italian, London, England, cardigan

MILAN (AP) — Record-breaking rain produced floods in a vast swath of Tuscany as Storm Ciarán pushed into Italy overnight Friday, trapping residents in their homes, inundating hospitals and overturning cars. At least three people were killed, bringing the storm’s death toll in western Europe to 10. Other regions were on high-alert and authorities warned that the storm was heading toward southern Italy. Ciarán left at least seven people dead as it swept across Spain, France, Belgium, the Netherlands and Germany on Thursday. Political Cartoons View All 1233 ImagesAs the storm moved on, it left hospitals flooded in Italy's Pisa and Mugello.

Persons: Storm Ciarán, Ciarán, Matteo Biffoni, Florence Mayor Dario Nardella, Arno, Nardella Organizations: MILAN, Florence, Sky Locations: Tuscany, Italy, Europe, Livorno, Mugello, Prato, Florence, Veneto, Venice, Spain, France, Belgium, Netherlands, Germany, Italy's Pisa

☆ Five killed as floods hit Italy's Tuscany region
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

[1/5] An aerial view shows flooding following heavy rains in Prato, Tuscany, Italy November 3, 2023, in this screen grab taken from a handout video. However, Giani said the death toll had risen to five after rain swept away cars and forced people to evacuate the lower floors of buildings. The government was expected to declare a state of emergency which would allow the rapid release of help for Tuscany. The governor of Tuscany said there were challenging issues around two large rivers in the area, the Bisenzio, north of Florence, and the Ombrone, in the southern part of the region. Another person was missing in the northeastern Veneto region, the local governor was quoted as saying by Sky TG24.

Persons: Storm Ciaran, Eugenio Giani, Giani, Luigi D'Angelo, Giorgia Meloni, Sky, Ciaran, Giulia Segreti, Federico Maccioni, Keith Weir, Sonali Paul, Mark Heinrich Our Organizations: Fire Brigade, REUTERS Acquire, Rights, Civil, Sky, Thomson Locations: Prato , Tuscany, Italy, Rights FLORENCE, Italian, Tuscany, Europe, Florence, Pistoia, Rosignano, Montemurlo, Veneto, Northern Ireland, Britain, Belgium, Netherlands, France

☆ Storm Ciarán: At least six dead and several missing as torrential rain and strong winds lash Italy
▼ + stars: | 2023-11-03 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

Rome, Italy CNN —At least six people have died in Tuscany, according to the region’s president, after torrential rain and strong winds from Storm Ciarán swept northern and central Italy overnight Thursday. A man walks in the mud in Montemurlo, near Prato, after torrential rain hit the area, on November 3, 2023. It asked people to leave nearby areas and remove vehicles near river banks. Helicopters, land vehicles, water pumps, buses and also the Comsubin [submarine search vehicles] for search and rescue activities,” he said in a statement Friday morning. Storm Ciarán has pummeled parts of western Europe since Wednesday night with strong winds and torrential rain.

Persons: Storm Ciarán, Eugenio Giani, Giani, Federico Scoppa, Arno, Guido Crosetto, ”, Olivier Véran, Friederike Otto, CNN’s Laura Paddison, Pierre Bairin, James Frater, Delal Mawad, Eve Brennan Organizations: Italy CNN —, Storm, Getty, CNN, Defense, Armed Forces, Belgium —, Grantham Institute, Imperial College London Locations: Rome, Italy, Tuscany, Veneto, Prato, Florence, Montemurlo, AFP, Pontedera, Pisa, Milan, Como, Sardinia, Lazio, Europe, France, Belgium

☆ Kelly Johnson, who is married to House Speaker Mike Johnson, practices a form of Christian counseling that classifies people into 'choleric', 'phlegmatic,' and other ancient personality types purporte
▼ + stars: | 2023-10-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Kelly Johnson, the wife of House Speaker Mike Johnson, was a Christian therapist. It is not clear if Kelly Johnson will continue her practice. Not long after Rep. Mike Johnson became House speaker last week, Kelly Johnson's website became inaccessible. The couple is deeply religious; both Kelly and Mike Johnson previously worked with religious organizations and causes the religious right advocates for. Along with her counseling, Johnson is also listed as an advisor to the Louisiana Right for Life, an anti-abortion organization.

Persons: Kelly Johnson, Mike Johnson, Johnson, Hippocrates, —, Kelly Johnson's, Kelly, Richard, Phyllis Arno, Tim LaHaye, LaHaye, Jack Kemp's, George W, Mike Huckabee, LeHaye, Hodges Organizations: Service, National Christian Counselor's, National Christian Counselors Association, The New York Times, Arkansas Gov, APS, Education, Louisiana Tech, Centenary College, Cypress Baptist Church, Johnsons, Southern Baptist Convention, LGBT, CNN Locations: Louisiana, Benton, La

☆ Kelly Johnson, who is married to House Speaker Mike Johnson, practices an ancient form of Christian counseling that classifies people into 'choleric', 'phlegmatic,' and other personality types purport
▼ + stars: | 2023-10-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

☆ Volkswagen says commodity markets still uncertain after Q3 hedge hit
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Angelika Warmuth/File Photo Acquire Licensing RightsCompanies Volkswagen AG FollowBERLIN, Oct 26 (Reuters) - Europe's largest automaker Volkswagen (VOWG_p.DE) on Thursday warned the outlook for commodity markets remained uncertain after confirming it took a major hit to its third-quarter profit from raw materials hedges. Like many other industrial firms, automakers hedge against commodity price swings, potentially leading to non-cash gains or losses, usually at the end of each quarter. This led to a 2.5 billion euro ($2.64 billion) non-cash loss in the third quarter that it will be unable to offset by the end of the year. "The further development of the commodity markets remains unpredictable," Volkswagen said. Volkswagen on Thursday confirmed it posted 78.8 billion euros in third-quarter sales and a 14% rise in operating profit to 4.9 billion euros.

Persons: Angelika Warmuth, Arno Antlitz, Victoria Waldersee, Nick Carey, Rachel More, Jamie Freed Organizations: Volkswagen, REUTERS, BERLIN, Thomson Locations: Munich, Germany

Volkswagen has said that cost-cutting plans would include focusing on fewer high-volume models as well as streamlining production of VW passenger cars, SEAT/CUPRA and Skoda. The Volkswagen brand has the company's highest sales volume by far, but margins traditionally lag behind luxury Audi and Porsche vehicles. A Volkswagen brand spokesperson confirmed that talks began with workers in early October and that it would not comment further on the timeline or content of discussions. Labour representatives, including the head of Volkswagen works council Daniela Cavallo, make up half of the company's supervisory board per German corporate governance law for large firms. A works council spokesperson confirmed a first meeting had taken place but declined to comment further on the timeline.

Persons: Matthias Rietschel, carmaker, Arno Antlitz, Brand, Thomas Schaefer, Daniela Cavallo, Cavallo, Victoria Waldersee, Christoph Steitz, Rod Nickel Organizations: Volkswagen Group, REUTERS, BERLIN, Volkswagen, VW, SEAT, Skoda, Porsche, Labour, Thomson Locations: Zwickau, Germany

☆ A.I. Excels at Making Bad Art. Can an Artist Teach It to Create Something Good?
▼ + stars: | 2023-09-22 | by ( Zachary Small | ) www.nytimes.com time to read: +15 min

“Is It Good Enough to Fool My Gallerist?” David Salle, one of America’s most thoughtful painters, hoped an A.I. “We are sending the machine to art school,” Salle quipped, before expounding on the principles of light, shadow, depth and volume that good painting requires. Safe to say that nobody would mistake this image for a Salle painting. Salle’s style has changed over the years, which made capturing his essence a little more challenging for an algorithm. Put through the blender of a machine, Salle’s art becomes a remix: a pastiche of pastiches.

Persons: ” David Salle, David Salle, ” Salle, wisps, ”, —, Justin Kaneps, Danika Laszuk, Grant Davis, Ben Lerner, “, David Salle ”, Hillary Clinton doppelgänger, Edward Hopper … …, Giorgio de Chirico, Bernini, Salle, Salle’s, Sarah French, ” Davis, David, John Baldessari, Peter Arno, Richard Prince, Cindy Sherman, Alex Katz, Katz, Jackson Pollock, Davis, … …, …, tutus, Barbara Gladstone, Arno, shrugged Organizations: The New York Times, New York Times, Whitney Museum of American Art, Betaworks, ” Salle, California Institute of, Arts, New Yorker, Salle Locations: ” Salle, ”, Seoul

☆ The Man Who Wrote Everything
▼ + stars: | 2023-09-17 | by ( Alexandra Jacobs | More About Alexandra Jacobs | ) www.nytimes.com time to read: +1 min

BARTLEBY AND ME: Reflections of an Old Scrivener, by Gay TaleseGay Talese has a tic. I want to get this out of the way because in general I have such tremendous admiration for the man: that debonair eminence of ye olde New Journalism who is both a living landmark of Manhattan and his own best character. It’s a writerly tic, the retro habit of referring to women by the color of their hair, but as noun rather than adjective. If occasionally feeling as if you’re trapped in a Peter Arno cartoon is the price of admission to a new work by Talese, sign me up. But only one chunk of his latest book, “Bartleby and Me,” from which the above quotations are drawn, can fairly be called new.

Persons: Scrivener, Gay Talese Gay Talese, It’s, ”, you’re, Peter Arno, Nicholas Bartha Organizations: olde New Journalism Locations: Manhattan, Romanian

From a distance, the whole site could be mistaken for an old mining camp you might come across in Montana or Idaho. They were listening to the last sigh of the Big Bang, which birthed the universe 13.8 billion years ago and is detectable now only as a faint, omnipresent hiss of microwave radiation. Up until then, scientists had debated whether the universe even had a beginning; maybe it was timeless. As important, the discovery brought the beginning of time into the lab, where it could be pinched, squeezed and dissected. The cosmic microwave background offered a new window into the nature of reality, one into which astronomers have been peering intently ever since.

Persons: Crawford Hill, Arno Penzias, Robert Wilson, Penzias, Wilson Organizations: Historic Landmark Locations: Crawford, Monmouth County, N.J, Manhattan, Montana, Idaho

Below are five charts showing what's been moved and/or shaken:1/SHOCK FOR THE STOCKSMSCI's 24-country emerging markets (EM) stocks index (.MSCIEF) is down 6% this month. It is still up for the year, though well below the 13.5% gain this year for MSCI's main global index, which has benefited from a boom in U.S. "mega-cap" stocks. "The markets that have underperformed are the lower-yielding markets like Asia," Mike Arno, a portfolio manager at Brandywine Global, said. "The market doesn't seem to think that China is a major threat," said Aegon Asset Management's head of EM debt, Jeff Grills. Reuters Graphics5/OUT OF AFRICAThe other big trouble spot has been Africa, where debt markets have seen a sharp pullback.

Persons: Jason Lee, what's, Tayyip Erdogan's, Katherine Marney, Mike Arno, Jeff, Erdogan, Van Eck's, Eric Fine, Viktor Szabo, Szabo, Marc Jones, Rodrigo Campos, Alex Richardson Organizations: REUTERS, Reuters, JPMorgan, Brandywine, FX, HK, EMBI, abrdn, Thomson Locations: Beijing, China, Africa, MIWD00000PUS, Hungary, America, Brazil, Argentina, Asia, TURKEY, Gabon, Niger, JPMorgan's Africa, London, New York

☆ Vasari Corridor: Tourists arrested for spraying soccer graffiti on 460-year-old Italian landmark
▼ + stars: | 2023-08-24 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

This time it was the turn of the 460-year-old Vasari Corridor, a beautiful riverside passageway connected to the famous Uffizi Galleries in Florence, which was sprayed with Munich soccer-related graffiti in the early hours of August 23. Airbnb raidHow the Vasari Corridor looked before the graffiti incident. The one-kilometer-long Vasari Corridor was built by Italian Renaissance painter and architect Giorgio Vasari in less than nine months in 1565. Tourists behaving badlyThe graffiti reference a Munich soccer club. “I would like to express my thanks to the Carabinieri for promptly identifying the alleged perpetrators of the Vasari Corridor in Florence.

Persons: Rome, Rome CNN —, Airbnb, Tim Clayton, Corbis, Giorgio Vasari, Cosimo I de’Medici, Medici, Dan Brown, Florence Mayor Dario Nardella, It’s, Eike Schmidt, Schmidt, Gennaro Sangiuliano, ” Organizations: Rome CNN, Galleries, Carabinieri, Operations Unit, CNN, Culture Ministry, Authorities, Uffizi, UNESCO, TSV, Vasari Locations: Florence, Munich, “, Uffizi, Italian, Ponte, Santa Felicita, Italy, Rome, Venice, German

☆ VW cuts 2023 deliveries outlook, aims to boost cash flow
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +3 min

Supply of key components such as semiconductors had improved but transport and logistics delays weighed on the first half, Volkswagen said. Still, it expected significantly shorter waiting times in the second half and said demand was stable with order books full at 1.65 million vehicles. Reuters GraphicsWorldwide, the Volkswagen Group delivered 2.3 million vehicles in the period from April to June, 18% more than in the same period last year. The focus for the second half is now on strengthening net cash flow," said Chief Financial Officer Arno Antlitz. In May, Volkswagen said it had sold its shares in Volkswagen Group Rus to Art-Finance, which is supported by autodealer group Avilon.

Persons: DAX, Arno Antlitz, Cupra, Miranda Murray, Rachel More, David Goodman Organizations: VW, BERLIN, Volkswagen, Benz, Renault, Graphics Worldwide, Volkswagen Group, VW Commercial Vehicles, Skoda, Audi, Lamborghini, Bentley, Ducati, Reuters Graphics Reuters, Rus, Art, Finance, Victoria, Thomson Locations: Kaluga

☆ Volkswagen CFO says the automaker is sat on strong net liquidity
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolkswagen CFO says the automaker is sat on strong net liquidityArno Antlitz, CFO of Volkswagen Group, discusses the automaker's results and says it will focus on improved net cash flow in the second half.

Persons: Arno Antlitz Organizations: Volkswagen Group

☆ The Art of Being a Flâneur
▼ + stars: | 2023-06-19 | by ( Stephanie Rosenbloom | ) www.nytimes.com time to read: +4 min

I followed the river toward the Uffizi Gallery where I stopped, enchanted by the scene below. It’s “a search for the delectable, delicious, almost gustatory delights of the moment,” as they put it. Other times, an object or architectural detail that piques your interest — a gate, a gargoyle — provides a portal to another time. Stories of vanished ages can be triggered by a single stone, then explored back home through books and websites. Being in a big city among so many strangers can be at turns exhilarating and disturbing.

Persons: Arno, Fred B, Bryant, Joseph Veroff, Puccini’s, Robert K, Merton, Elinor Barber, bento, Amer, plumb, Edgar Allan Poe’s “, Marie Roget, ”, Walter Benjamin, “ Charles Baudelaire Organizations: Uffizi, Lincoln Center, Metropolitan Opera House, Columbia University, Science, Metro, Poet Locations: Firenze, Florence, New York, Tokyo, Japan, Istanbul, Paris

June 16 (Reuters) - Volkswagen (VOWG_p.DE) will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets and whether it will heed their calls for an independent audit of its co-owned Xinjiang plant. "The 21 June CMD is an opportunity to reset a fraught relationship with investors, a challenging exercise," Jefferies wrote in a note on Friday. Investors also demanded that Volkswagen conduct an independent audit of the Urumqi plant, which executives have is only possible with the agreement of joint venture partner SAIC (600104.SS). Alongside targets, investors needed details on how the carmaker expects to make its EV production more cost-effective, Daniel Roeska of Bernstein Research wrote in a note on Thursday. "The risk is that instead we see more punchy earnings and volume targets, with little to support them," he added.

Persons: CMD, Jefferies, carmaker, Oliver Blume, Arno Antlitz, Blume, Daniel Roeska, Jan Schwartz, Victoria Waldersee, Conor Humphries Organizations: Porsche, Volkswagen, Investors, SAIC, Bernstein Research, Thomson Locations: Xinjiang, Urumqi, Germany

☆ Volkswagen: battery unit PowerCo will be 'investor-ready' early next year
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: 1 min

BERLIN, June 16 (Reuters) - Volkswagen's (VOWG_p.DE) battery unit PowerCo will be ready for investors at the beginning of next year, battery chief Thomas Schmall said at a roundtable in Berlin on Friday. Schmall's statement followed comments made last month by Chief Financial Officer Arno Antlitz that onlookers "shouldn’t be surprised if in 2024 there might be a first step taken with a strategic investor" in the unit. The battery chief declined to give further information on Friday, stating more would be disclosed at Volkswagen's capital markets day next Wednesday. Antlitz said in May that interest in the unit was high but the carmaker was evaluating how long to keep it on its books. Reporting by Victoria Waldersee, Jan Schwartz Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas Schmall, Arno Antlitz, shouldn’t, Antlitz, Victoria Waldersee, Jan Schwartz, Miranda Murray Organizations: Thomson Locations: BERLIN, Berlin

☆ Volkswagen passenger cars targets 10 billion euros of efficiency gains
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +2 min

BERLIN, June 14 (Reuters) - Volkswagen's (VOWG_p.DE) passenger car brand will implement savings and cost-cutting measures amounting to 10 billion euros ($10.83 billion) by 2026 to hit a return on sales target of 6.5%, a spokesperson said on Wednesday. "The Volkswagen Group is focusing even more strongly on profitability and cash flow," Antlitz said in his post. Antlitz's statement came after Volkswagen brand chief Thomas Schaefer told workers in an internal memo in mid-May it was planning an overhaul at its core brand to put it on more solid footing. Volkswagen is due to present new financial targets and an updated corporate strategy for the entire group at a capital markets day next Wednesday. The carmaker's supervisory board was due to discuss on Tuesday cost-cutting measures across the Volkswagen, Seat, Skoda and Cupra brands to achieve that goal, a source told Reuters.

Persons: Arno Antlitz, Antlitz, Thomas Schaefer, Schaefer, Victoria Waldersee, Jan Schwartz, Miranda Murray, Kirsten Donovan Organizations: Skoda, SEAT, Volkswagen, Reuters, Thomson Locations: BERLIN, Spain

☆ Volkswagen supervisory board to discuss savings programme on Tuesday
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +1 min

BERLIN, June 12 (Reuters) - Volkswagen's (VOWG_p.DE) supervisory board will meet on Tuesday to discuss a planned savings programme ahead of its capital markets day on June 21, two sources close to the company said on Monday. The board will discuss cost-cutting measures amounting to at least 3 billion euros ($3.22 billion) across the Volkswagen, Seat, Skoda and Cupra brands, said one source. Germany daily Handelsblatt, which first reported on the savings programme, reported that Chief Executive Oliver Blume wants to curb duplicate development work and better utilise German plants, particularly at Audi and Volkswagen. Volkswagen brand chief Thomas Schaefer said in an internal memo in May that the brand was targeting a 6.5% return on sales, compared to 3% achieved in the first quarter of this year. The Volkswagen brand must act," he wrote at the time.

Persons: Oliver Blume, Arno Antlitz, Thomas Schaefer, Jan Schwartz, Miranda Murray, Victoria Waldersee, Susan Fenton Organizations: Volkswagen, Skoda, Audi, Group, Reuters, Thomson Locations: BERLIN, Germany

[1/2] A view shows the Ponte Vecchio bridge and the Arno River in Florence October 16, 2014. The Ponte Vecchio, or Old Bridge, crosses the River Arno at its narrowest point. REUTERS/Regis DuvignauROME, June 1 (Reuters) - Florence wants to ban residential properties in its historic centre from being used for short-term rentals by platforms such as Airbnb (ABNB.O) in order to free up more homes for local people in the Tuscan city. Nardella is a member of the centre-left Democratic Party (PD), which is part of the opposition at national level. Airbnb did not immediately comment on Nardella's initiative, but said in a statement that it wanted to see "clear and simple national rules" in Italy.

Persons: Regis Duvignau ROME, Dario Nardella, Federica Urso, Federico Maccioni, Keith Weir, Crispian Balmer Organizations: REUTERS, Democratic Party, Thomson Locations: Florence, Ponte, Tuscan, Nardella, Italy, Rome, Milan

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