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In the midst of an exceptionally warm winter, resorts like Campo Felice have a major problem: there’s no snow. And a long-running drought means there isn’t enough water to make the amount of artificial snow needed to paint its slopes white. And with a lack of rain and record-breaking heatwaves, the lakes that normally provide water for artificial snow have run dry. Across all of Italy’s ski resorts, nearly 90% use artificial snow to some degree, according to Carlo Carmagnola, a snow expert with Météo France who studies the impact of climate change on ski resorts. These changes have been hard not just on the Lallini brothers, but their employees, which usually number 250 in the ski season.
Persons: Campo, Italy CNN —, Campo Felice, Niño, Andrea Lallini, It’s, hasn’t, , , Fiona Sibbett, Carlo Carmagnola, Météo, it’s, Carmagnola, There’s, Lallini, Luca Lallini, we’d, ” Lallini, bianca, Gennarino Di Stefano, Isidoro Francesi, ” CNN’s Camille Knight, Antonia Mortensen Organizations: Campo Felice, Italy CNN, CNN, Northern, Campo, ” CNN, Rocca, Cambio Locations: Italy, Rome, Météo France, Austria, Paris
How Hermès became the ultimate status symbol
  + stars: | 2024-02-24 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +11 min
A cashmere throw blanket splashed with the letter H. For years, Hermès' iconic products have been coveted by those in the know. Now, its shares are also hot commodities, with their performance outpacing bigger luxury brands like Louis Vuitton owner LVMH and Gucci-maker Kering. "Brand equity is much more diluted than Hermès'," Herzog said of brands like Gucci and Louis Vuitton. Hermès is 'fairly recession-proof'Keeping it simple has helped Hermès hold its own as luxury brands start to lose their shine after a multiyear spending boom. It also announced it will expand the Saint Junien facility in New Aquitaine (also France) which makes Kelly and Birkin bags.
Persons: Hermès, Louis Vuitton, LVMH, Kering's, hasn't, it's, Axel Dumas, Simeon Siegel, Siegel, Birkin, , waitlists, Edward Berthelot, there's, Hitha Herzog, Nicole Pollard Bayme, Kelly, Versace, Herzog, Gucci, Saint Laurent, Bernstein, Luca Solca, Chanel, Solca, Winston Chesterfield, Barton, That's, Williamsburg , Brooklyn —, Axel, Pierre, Alexis Dumas —, Bernard Arnault's LVMH, Dumas, Barton's Chesterfield, They've, Cousins Axel Dumas, Alexis Dumas, Rodrigo Vaz, Thierry Hermès, they've, We're Organizations: BMO Capital Markets, Capri Holdings, North, Gucci Locations: Hermès, London, China, France, Louviers, Ardennes, New Aquitaine, Aspen , Colorado, Naples, Florida, Nanjing, Princeton , New Jersey, Williamsburg , Brooklyn
How Hermes Became the Ultimate Status Symbol
  + stars: | 2024-02-24 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +11 min
Now, its shares are also hot commodities, with their performance outpacing bigger luxury brands like Louis Vuitton owner LVMH and Gucci-maker Kering. "The curse of retail is everyone chases more," Simeon Siegel, a senior retail analyst at BMO Capital Markets, told Business Insider about luxury brands. "Brand equity is much more diluted than Hermès'," Herzog said of brands like Gucci and Louis Vuitton. Hermès is 'fairly recession-proof'Keeping it simple has helped Hermès hold its own as luxury brands start to lose their shine after a multiyear spending boom. It also announced it will expand the Saint Junien facility in New Aquitaine (also France) which makes Kelly and Birkin bags.
Persons: Hermès, Louis Vuitton, LVMH, Kering's, hasn't, it's, Axel Dumas, Simeon Siegel, Siegel, Birkin, , waitlists, Edward Berthelot, there's, Hitha Herzog, Nicole Pollard Bayme, Kelly, Versace, Herzog, Gucci, Saint Laurent, Bernstein, Luca Solca, Chanel, Solca, Winston Chesterfield, Barton, That's, Williamsburg , Brooklyn —, Axel, Pierre, Alexis Dumas —, Bernard Arnault's LVMH, Dumas, Barton's Chesterfield, They've, Cousins Axel Dumas, Alexis Dumas, Rodrigo Vaz, Thierry Hermès, they've, We're Organizations: BMO Capital Markets, Capri Holdings, North, Gucci Locations: Hermès, London, China, France, Louviers, Ardennes, New Aquitaine, Aspen , Colorado, Naples, Florida, Nanjing, Princeton , New Jersey, Williamsburg , Brooklyn
Are these the most beautiful coffee shops in the world?
  + stars: | 2024-02-17 | by ( David Tran | ) edition.cnn.com   time to read: +12 min
The Budapest Café is one of many eye-catching businesses featured in “Designing Coffee: New Coffee Places and Branding,” a coffee table book — no pun intended — that puts the world’s most photogenic, eccentric cafés and roasters on display. Its "bright, playful design and color palette transform a former dental office into a bustling and vibrant bakery café," Kingston writes in "Designing Coffee." In an increasingly competitive coffee industry, coffee shop owners are putting thoughts into how their spaces are designed. Across its ambience and menu, the Genovese Coffee House in Sydney offers Australian consumers an "espresso" ticket to Mediterranean café culture. Anson Smart/Genovese Coffee House/Courtesy gestaltenElsewhere, Genovese Coffee House (pictured above) in Sydney, Australia drew inspiration from Italian coffee culture.
Persons: James Morgan, they’re, Wes Anderson, Lani Kingston, Kingston, Mikhail Loskutov, Yuh Nguyen, Luca Rinaldi, Jamie Yelo, Urbain, Jin Weiqi, Marco Pinarelli, Julius, Damir Otegen, Karin Pasterer, Hernan Taboada, Carlos Artalejo, Xavier Alexander, Alexander, , , ” Alexander, ” Kingston, David Dworkind, ” “, ’ ”, Fritz, K Kim, Angela Wijaya, Fritz Coffee, Ben Hamilton, Anson Smart, “ It’s Organizations: Budapest Cafe, CNN, Portland State University, Melrose, Rupertinum, Salzburg's Museum of Modern Art, Kingston, Fritz Coffee Company, Coffee House, Genovese Coffee, Coffee Locations: Budapest, Chengdu, China, Odessa, Ukraine, Hanoi, Vietnam, Milan, Italy, Taipei, Taiwan, Montréal, Canada, Beijing, Ho Chi Minh City, Central Highlands, Kyiv, Ukraine's, Hong Kong, Forme, Beirut, Lebanon, Almaty, Kazakhstan, Salzburg, Austria, 220GRAD, Buenos Aires, Argentina, Caffettiera, Montreal, Asia, Seoul, South Korea, Belfast, Los Angeles, California, Sydney, Australia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenault CEO: EV pricing is challenging, but industry must 'fight' for the technologyRenault Group CEO Luca de Meo speaks on the automaker's full-year results, its "prudent" guidance and the electric vehicle market.
Persons: Luca de Meo Organizations: Renault
Valentine’s Day movies for almost every mood
  + stars: | 2024-02-14 | by ( Dan Heching | Alli Rosenbloom | ) edition.cnn.com   time to read: +7 min
CNN —Like so many other holidays, Valentine’s Day can evoke a staggeringly wide range of feelings. The good news: Whether you lean in to the romance of it all or run screaming from it, there’s a movie out there for you. In light of the very subjective nature of this red heart-drenched day, here’s a list of mood-specific film recommendations that are sure to scratch whatever itch you might be feeling. If you hate the whole concept of Valentine’s Day, watch ‘True Romance’ or ‘Heathers’If you’re feeling like you need a little bit of die-for-you action to get you through the day – or just the terrific sonic offerings of a Hans Zimmer score – flip on the Quentin Tarantino-written “True Romance.” Not your speed? If you like a little bit of fantasy with your romance, watch ‘Kate & Leopold’There she is again!
Persons: there’s, Cary Grant, Deborah Kerr, Meg Ryan, Hans Zimmer, Quentin Tarantino, , who’s, Whitney Houston, Kevin Costner, Dolly Parton, Warner, Laura Esquivel, , , you’re, George Clooney, Michelle Pfeiffer, Julia Roberts, Luca, Timothee, Celine Song’s, Jennifer Lopez, Steven Soderbergh, , Oscar, Dame Judi Dench, Bill Nighy, Harry Met Sally ’, Harry Met Sally ”, Billy Crystal, Meryl Streep, Uma Thurman, Harry Met Sally, Jon M, Chu, Henry Golding, Constance Wu, Michelle Yeoh, Kate, Leopold ’, Duke, Hugh Jackman, Jude, Jim Sturgess, Lucy, Evan Rachel Wood, Valentine ’ Organizations: CNN, Houston, Warner Bros, Everett, Sony Pictures, Rich, Valentine’s Locations: Seattle, Chicago, Italy, India, New York City, Columbia, Singapore, York City
Hong Kong CNN —Global stock index compiler MSCI is deleting dozens of companies from its benchmark China Index, which could further exacerbate fund outflows from Chinese equities after a massive stock market rout. The index provider announced this week that it would drop 66 securities from the MSCI China Index, one of its flagship China indexes, as part of the company’s latest quarterly review. The MSCI China Index is the compiler’s key index tracking the Chinese stock market, covering about 85% of the total market capitalization of Chinese companies listed globally. On Monday, MSCI also announced changes to its other China-related indexes, including deleting dozens of stocks from MSCI China A Onshore indexes and MSCI China All Shares indexes. Hong Kong’s stock market reopened on Wednesday after a long holiday weekend, with the benchmark Hang Seng Index up 0.9%.
Persons: MSCI, , Luca Paolini, Hong Organizations: Hong Kong CNN — Global, Investors, Greentown China Holdings, Gemdale Corp, Uni, President, China Southern Airlines, Lufax Holdings, Genomics, Midea, MGI Tech, Management Locations: China, Hong Kong, Shanghai, Shenzhen, Fuyang, China's, Anhui, AFP, Hangzhou, President China, Beijing, Geneva, Mainland
BUDAPEST, Hungary (AP) — Antifascist activists gathered in Hungary's capital on Saturday to oppose an annual commemoration held by far-right groups, underscoring diplomatic tensions between Budapest and Rome over the detention of an Italian citizen in a Hungarian jail. Hundreds of activists marched through central Budapest alongside a heavy police presence, and called for “freedom for every antifascist." The demonstration came as an Italian antifascist activist is being held in a Hungarian jail for allegedly being involved in assaults against suspected participants in the Day of Honor commemoration in Budapest last year. Images of the activist, Ilaria Salis, chained and shackled at a Budapest court hearing sparked official protests by the Italian government. The case is delicate for the far-right-led government of Meloni, who has forged friendly ties with the nationalist Orbán.
Persons: , , Ilaria Salis, Luca Kruczynski, , Salis, , Giorgia Meloni, Viktor Orbán, Salis ’, Antonio Tajani, Carlo Nordio, Nordio, Tajani, Elly Schlein, Giorgia Meloni’s, Schlein, Colleen Barry Organizations: Nazi, Prosecutors, Hungarian, Meloni, Italy's, Democratic Party, Associated Press Locations: BUDAPEST, Hungary, Budapest, Rome, Hungarian, Italian, Berlin, Europe, Milan, Salis, Italy, Hungary’s, Salis ’ Hungarian
When Bologna became the first major Italian city to impose a speed limit of 30 kilometers, or 20 miles, an hour, Luca Mazzoli, a local taxi driver, posted a sign in his cab warning passengers of the change. He had to, he said grumpily the other day, “to explain why I am driving so slowly.”Since the limit became enforceable in mid-January, it has taken longer for Mr. Mazzoli to get from Point A to Point B, he claimed, meaning that he has picked up fewer passengers and has found himself stuck in traffic more often. “A city has to move,” he said. Critics of the measure say that Bologna risks slowing to a standstill since it became the first major Italian city to join a growing group of municipalities, including Amsterdam; Bilbao, Spain; Brussels; and Lyon, France, that have lowered speed limits from 50 kilometers per hour, about 30 miles per hour, in the belief that the change will lead to safer, healthier and more livable cities.
Persons: Luca Mazzoli, , Mazzoli, Locations: Bologna, Amsterdam, Bilbao, Spain, Brussels, Lyon, France
More than any film I’ve made, “Tenet” was designed to have this very theatrical, IMAX, larger than life identity. VILLENEUVE: It was not planned that I would get an IMAX film release. Or, I didn’t leave film, film left me and my heart was broken. NOLAN: I just like hearing the guy who made “Dune Two” be like “it’s all about money.” I’ve seen that film. On every film I’ve ever done, including “Oppenheimer,” I first showed it to the studio on cut and copy, taped together, splices and everything.
Persons: — Christopher Nolan, “ Oppenheimer, “ Tenet ”, , ” Nolan, , Pam Abdy, Michael De Luca, “ Tenet, Nolan, Denis Villeneuve, , NOLAN, I’ve, Chris, … NOLAN, VILLENEUVE, I’m, Chris Nolan, ” Emma, Thomas, , it’s, We’ve, “ Oppenheimer ”, ” I’ve, That’s, Emma, hadn’t, You’re, Steven Spielberg Organizations: UNIVERSAL CITY, Calif, Associated Press, Warner Bros, Universal, AP, Kodak, VILLENEUVE, Warners, Avid Locations: New York, Los Angeles, London, Melbourne, Nashville , Tennessee, Tempe , Arizona, VILLENEUVE
Apple's new Vision Pro hits stores Friday amid a wave of optimism from the company. When asked about the price tag, Apple CEO said the device includes 5,000 patents. The Apple Vision Pro hits stores Friday, marking the company's first major product launch in years. The Vision Pro has two Apple Silicon chips and 600 new apps and games available. AdvertisementAlready, companies such as Walmart and Nike are looking into uses for the Vision Pro for their customers or employees, Apple's CFO Luca Maestri said Thursday.
Persons: , Tim Cook, preorders, Cook, Luca Maestri Organizations: Apple, Service, Walmart, Nike, Vision Pro
Cash flow and capital allocation In its June quarter, Apple generated operating cash flow and free cash flow results that handily exceeded Street expectations. The Mac's return to growth is also notable, especially given the shorter quarter, indicating a significant acceleration in growth versus the September quarter. In services, sales advanced 11% year over year on the back of double-digit growth in paid subscriptions. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Tim Cook, Cook, Apple, Siri, we're, it's, Luca Maestri, We've, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Apple, Vision, CNBC, Apple Vision, Getty Locations: China, Malaysia, Mexico, Philippines, Poland, Turkey, India, Indonesia, Saudi Arabia, Chile, Kantar, U.S, Japan, Australia
Shares of French car maker Renault jumped 5% in early deals on Tuesday, after the company canceled plans to publicly list its new electric vehicle and software business. Renault's share price rose 5.13% at the market open Tuesday before dipping to trade up 1.7% by 8:30 a.m. London time. De Meo originally announced plans to take Ampere public in 2022, as part of a wider strategy to overhaul the automaker and capitalize on the growing EV market. De Meo said Monday that "market conditions" and the increased profitability of the wider business made the listing untenable. He also pointed to a slowdown in EV sales in Europe, but insisted that the electric market would remain "dominant" in the region due to its decarbonization regulations.
Persons: Luca de Meo, De Meo, Ampere Organizations: Renault, Chinese EV, Financial Times Locations: Chinese, London, Europe
(Luca) Jim Cramer: I am getting over the pain of Morgan Stanley but not the simmering anger. Jeff Marks: A general rule of thumb is look for a pullback of about 3% to 5% to put some on. Jeff Marks: You should do what you are comfortable with but a general rule of thumb is five to ten. (Austin) Jim Cramer: We made a nice sale in CAT, sold half of the position. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Jeff Marks, Brian, Jim Cramer, Eaton, There's, Jim, Morgan Stanley, gravitating, Goldman Sachs, Ted Pick, Luca, Eli Lilly, Jenny, I'm, We've, Palo, Dan, I've, Max, Carly Garner, CTRA, We're, we'd, Ford, Estee Lauder, Kimberly, didn't, , Mike, that's, Austin, it's, Jim Umpleby, Bill, Jason Robins, Jason, DraftKings, They're, Sandy, WYNN Organizations: Investing Club, Abbott Laboratories, Wealth Management, Disney, Fed, Palo Alto Networks, Microsoft, Nvidia, Nasdaq, Club, Energy, Ford, Bronco, CME Fed, Caterpillar, China, Wynn Resorts, DuPont, CNBC Locations: IPOs, New York City, Palo Alto, China, California, Texas, Macao
Pope Francis received an emotional welcome on the island during a visit showing solidarity with migrants fleeing war and poverty. ARIS MESSINIS/AFP/Getty Images Pope Francis confesses in St. Peter's Basilica during the Vatican's Penitential Celebration on Friday, March 4, 2016. Alessandro Di Meo/AP Pope Francis arrives for his visit with prisoners in Santa Cruz, Bolivia, on Friday, July 10, 2015. Franco Origlia/Getty Images Pope Francis and Ecumenical Patriarch Bartholomew I address the faithful in Istanbul on Sunday, November 30, 2014. Gokhan Tan/Getty Images Pope Francis speaks during the feast-day Mass while on a one-day trip to Italy's Calabria region in June 2014.
Persons: Pope Francis, Cardinal Michael Czerny, Francis, , , Regina Coeli, Vincenzo Pinto, Juan Manuel Santos, Santos, Alessandra Tarantino, L'Osservatore Romano, VINCENZO PINTO, Simon Bar Sabbae, Pope, FILIPPO MONTEFORTE, Karekin, TIZIANA FABI, Giuseppe Ciccia, MAX, Pope Francis tries, Pope Benedict XVI, Alessandro Di Meo, Evo Morales, OSSERVATORE ROMANO, Vladimir Putin, Putin, Federico Lombardi, Lombardi, Gregorio Borgia, Getty Pope Francis, Raul Castro, Castro, GABRIEL BOUYS, ANDREAS SOLARO, Kurukkal SivaSri, Mahadeva, Pope Francis in, Eranga, Franco Origlia, Bartholomew I, Gokhan Tan, San Gregorio Magno, Queen Elizabeth II, Prince Philip , Duke of Edinburgh, Oli Scarff, Barack Obama, SAUL LOEB, Santa Sabina, Max ROSSI, Daniele De Sanctis, Pope Francis ', FABIO FRUSTACI, Benedict XVI, Benedict, L'OSSERVATORE ROMANO, Osservatore Romano Pope Francis, Vinicio Riva, Riva, CLAUDIO PERI, Rainbow Association Marco Iagulli Onlus, Fotografia, Father Don Renzo Zocca, Osservatore Romano, LUCA ZENNARO, Jorge Saenz, Dan Kitwood, Jesus, Internationalis Paulus VI, Argentine Cardinal Jorge Mario Bergoglio, Roman Catholic Church's, Peter Macdiarmid, Pope Francis Prev, it’s, He’s, Filippo Monteforte, Donald Trump’s, Czerny, Trump, Donald Trump, Melania, Evan Vucci, Reuters “, ” Cardinal Czerny, Cardinal Czerny, doesn’t, Francis ’, “ Jesus Organizations: CNN, Getty Images, Colombian, Revolutionary Armed Forces, International Catholic Rural Association, Vatican, AFP, Getty, Catholic Chaldean, St, Mercy, ARIS MESSINIS, MAX ROSSI, Getty Images Bolivian, Cuban, Sunday, Queen, getty, Rainbow Association, Renault, Catholic, Roman Catholic, Intelligence, Warner Bros, Discovery, , Republican, Reuters Locations: St, AFP, Colombia, Rome, Tbilisi , Georgia, Auschwitz, Birkenau, Poland, Etchmiadzin, Yerevan, Armenia, Vatican City, Moria, Lesbos, Peter's, Mexican, Havana, Cuba, Mexico, Santa Cruz , Bolivia, South America, Ecuador, Paraguay, La Paz, Bolivia, Italian, Ukraine, Iraq, Syria, Havana and Washington, Vatican, Pope Francis in Colombo, Sri Lanka, Istanbul, Italy's Calabria, Jerusalem's Old City, Argentina, Roman Parish, San, Rome's, Santa, Brazil, Rio de Janeiro, Argentine, America, Gaza, Nove, Lampedusa, Italy, Ciampino, Czechoslovakia, Canada, United States, Africa
Saudi Arabia will hold its first major invitational snooker event in March as the kingdom continues to make sizable investments into a growing number of sports. The "Riyadh Season World Masters of Snooker" will take place between March 4 to March 6 at Boulevard Arena in the capital of Riyadh. Games of snooker — a cue sport like billiards that is very popular in the U.K. and China — will take place under current World Snooker rules but with the introduction of a 23rd ball referred to as the "Riyadh Season" ball. This golden ball will be worth 20 points but will only be pottable on completing a maximum break. "We are thrilled to be hosting our first-ever professional snooker tournament in the Kingdom," said Turki Alalshikh, chairman of the Saudi General Entertainment Authority.
Persons: Ronnie O'Sullivan, Judd Trump, Ronnie O'Sullivan —, Luca Brecel, Turki Alalshikh, Alalshikh Organizations: Morningside Arena, Boulevard Arena, Saudi General Entertainment Authority Locations: Leicester, England, Saudi Arabia, Riyadh, China
Winter storms and cinema closures in North America didn’t dampen the opening weekend for “ Mean Girls. Not accounting for inflation, that’s more than the $24.4 million the first movie made in its opening weekend. This iteration of “Mean Girls” stars Angourie Rice, Auli’i Cravalho and Reneé Rap, who played Regina on stage. Political Cartoons View All 253 ImagesAmazon and MGM’s “The Beekeeper" debuted in second place with an estimated $16.8 million from 3,303 theaters. The Walt Disney Co. sent its 2020 Pixar film “Soul” to movie theaters this weekend as well, where it made $429,000 from 1350 locations in North America.
Persons: Tiny Fey, Martin Luther King Jr, Jason Statham, Jay, Clarence, “ Barbie, , hadn’t, Regina George, Angourie Rice, Auli’i, Regina, Fey, Samantha Jayne, Arturo Perez Jr, bode, “ Wonka, Sydney Sweeney, Glen Powell, LaKeith Stanfield, Omar Sy, RJ Cyler, David Oyelowo, Alfre Woodard, Teyana Taylor, Jeymes Samuel, “ Luca Organizations: Paramount, Golden Globes, , Rotten, Miramax, Sony, Universal, Walt Disney Co, Pixar, Disney Locations: North America, British
Cezaro De Luca | Europa Press | Getty ImagesMicrosoft President Brad Smith met with China's Minister of Commerce Wang Wentao on Wednesday to discuss topics ranging from artificial intelligence to trade relations between Washington and Beijing, according to a Youdao-translated Chinese government announcement. The meeting underscores China's attempt to show it remains favorable to American businesses amid continued tensions with the U.S., as it looks to reinvigorate its economy. China's own technology giants — from Alibaba to Baidu and Tencent — have also been launching their own AI models and rival products. Washington has sought to restrict China's access to key technologies such as semiconductors, and U.S. export curbs recently targeted chips from Nvidia, which are used to train artificial intelligence models. During the Biden and Xi meeting, the two leaders "affirmed the need to address the risks of advanced AI systems and improve AI safety through U.S.-China government talks," according to a White House readout.
Persons: Brad Smith, Cezaro De Luca, Commerce Wang Wentao, Smith, Joe Biden, Xi Jinping, Wang, Xi Organizations: Europa Press, Getty, China's, Commerce, U.S, Ministry, Microsoft, Baidu, Technology, Nvidia, Biden Locations: Madrid, Spain, Washington, Beijing, China, U.S, Alibaba
“I don’t know what the hell I was doing wearing this.”But Chalamet has long relied on the wow factor of a shirtless suit for red carpet engagements. Chalamet's magenta velvet suit was from Tom Ford's latest collection. Jean-Paul Gaultier's "Pin Up Boys" from the 1996 season were early examples of the shirtless suit on the runway. In Gaultier’s infamous Spring-Summer 1996 collection, titled “Pin-Up Boys,” the shirtless suit was gauche, cheesy and even funny. For Chalamet, shirtlessness is fast becoming a state of mind.
Persons: CNN —, Wonka, Tom Ford’s, , , Chalamet, Louis, Timothée Chalamet, Luca, Haider Ackerman, Tom Ford's, Jeff Spicer, photocall, Hugh Grant, Rowan Aktinson, Olivia Coleman, Alexander McQueen pinstripe, Lil Nas, Jonah Hill, Donald Glover, Jay, Harry Styles, Dior, Van Noten, Thom Browne, Paul Smith, Zegna, Porter, Jean, Paul Gaultier's, Jean Paul Gaultier, Vivienne Westwood, Raf Simons Organizations: CNN, Venice Film Locations: Venice, London
The first set of dates on which the fee will be charged cover April to mid July, 2024. The program will be managed via an online platform which will produce QR code “tickets” confirming payment or exemption. Those visiting the city on business or short-term study are also exempt, but must register for a daily QR code. However, they too must book and receive a QR code for free. Not a magic money treeThe council has identified 29 peak days in the first half of 2024 to charge day-trippers.
Persons: we’ll, Stanley Tucci, you’re, It’ll, Luca Zanon, Riva degli Schiavoni, Where’s, Stefano Mazzola, Luigi Brugnaro, Brugnaro, Organizations: CNN, intel, UNESCO, , Piazzale Roma, Old, city’s Locations: Venice, Mestre, Murano, City
Victory marked a special weekend for Di Giannantonio, who also finished second in Saturday's sprint . I was struggling with the front (tyre) but I saw Pecco (Bagnaia) making little mistakes," a grinning Di Giannantonio said in a post-race interview. Bagnaia lost the lead with four laps to go but the Ducati rider has still put one hand on the rider's championship after extending his lead over Martin to 21 points. Up front, Di Giannantonio did not let up. "We managed to do a perfect start, I tried to create a gap but Diggia (Di Giannantonio) was incredible.
Persons: Racing's Fabio Di Giannantonio, Francesco Bagnaia, Jorge Martin, Di Giannantonio, Bagnaia, Luca Marini, It's, Martin, Marini, Marc Marquez, Yamaha's Fabio Quartararo, Jack Miller, Giannantonio, we've, Jorge, Rohith Nair, Toby Davis Organizations: Qatar, Prix, MotoGP, Circuit, VR46 Racing, Ducati, Thomson Locations: LUSAIL, Qatar, Bengaluru
A Facebook post (archived) shared an image of nine astronauts posing for a photo while three pieces of fruit appear to be resting on a surface. It was also shared by NASA and the European Space Agency. “Crew aboard the International Space Station use a variety of fasteners, like tape or hook and loop, on the space station’s tabletop to help prepare food during meals,” Joshua Finch, a spokesperson for NASA said in an email to Reuters. He mentions throughout the video that items are secured down, in this case with tape and Velcro, to keep them from floating away. This photo shows food attached to a surface in the International Space Station.
Persons: Luca Parmitano, Alexey Ovchinin, Alexander Skvortsov, Oleg Skripochka, Jessica Meir, Nick Hague, Christina Koch, Andrew Morgan, Hazzaa Ali Almansoori, Joshua Finch, Shane Kimbrough, NASA’s, Kimbrough, Read Organizations: Space, NASA, European Space Agency, , Reuters, ISS, YouTube, NASA’s Johnson Space Center, Kennedy Space Center, Thomson
The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. The group set out financial targets for the unit, including revenue of 25 billion euros in 2031, break-even in 2025 and an operating margin of at least 10% from 2030, ahead of an investor day in Paris. Sources close to the matter told Reuters last month the company was unlikely to go ahead with the IPO if the overall valuation for Ampere fell below 7 billion euros. We will reduce our costs to lower our prices, while improving our margins at the same time," finance chief Thierry Pieton said. ($1 = 0.9195 euros)Reporting by Gilles Guillaume, writing by Silvia Aloisi; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, Ampere, Luca de Meo's, De Meo, Thierry Pieton, Gilles Guillaume, Silvia Aloisi, Kirsten Donovan Organizations: Renault, Viva Technology, Porte de, REUTERS, Ampere, Reuters, Twingo, Thomson Locations: Porte, Paris, France, PARIS, Europe
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Nov 15 (Reuters) - French car maker Renault said on Wednesday its electric vehicles unit Ampere, which it plans to list on the market next year, forecast 10 billion euros ($10.8 billion) in revenues in 2025, more than doubling to 25 billion euros in 2031. Finance chief Thierry Pieton told reporters ahead of the presentation Renault would not sell off Ampere cheap and had ample cash flow to keep financing it should it not get the valuation it wanted for an IPO. Asked if Renault could decide to distribute Ampere shares to existing Renault shareholders instead of proceeding with an IPO, he said: "Renault is always open to other options for Ampere, but the IPO is the preferred option." Sources close to the matter told Reuters last month the company was unlikely to go ahead with the IPO if the overall valuation for Ampere fell below 7 billion euros. We will reduce our costs to lower our prices, while improving our margins at the same time."
Persons: Gonzalo Fuentes, Luca de Meo's, Thierry Pieton, Ampere, Pieton, Renault, Gilles Guillaume, Silvia Aloisi Organizations: Renault, Viva Technology, Porte de, REUTERS, Rights, Reuters, Finance, Thomson Locations: Porte, Paris, France, Europe
De Meo has targeted a valuation of 8-10 billion euros ($8.6-10.7 billion) for the initial public offering (IPO) of Ampere, which has already been delayed once and is now slated for spring 2024. Two of the sources said Renault was unlikely to go ahead with the IPO if the valuation falls below 7 billion euros, and one said the cut-off point could be closer to 6 billion euros. UBS analysts have valued Ampere at just 3-4 billion euros, and others have questioned the rationale of listing the EV business to raise funds. On Wednesday, De Meo will argue his case for what could be the first attempt by a traditional automaker to unlock value from an EV business via an IPO. Over the first nine months of 2023, Renault brand EV sales fell by around 5% in Europe, having been up 2.5% in the first half, weighed down by a limited line-up.
Persons: Gonzalo Fuentes, Ampere, Luca de Meo's, De Meo, Renault, BEV, de Meo, Elon Musk's Tesla, Zoe, Silvia Aloisi, Mark Potter Organizations: Renault, Viva Technology, Porte de, REUTERS, Rights, Reuters, UBS, ICE, Jefferies, Nissan, Elon, EV, Thomson Locations: Porte, Paris, France, Europe
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