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☆ Amazon aggregators Branded and Heyday plan to merge as once-booming industry continues to shrink
▼ + stars: | 2024-08-26 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon aggregators Branded and Heyday plan to merge, CNBC has learned, as a segment of the e-commerce industry that boomed during the Covid era continues to consolidate. The new name will be officially rolled out in the coming days, and the combined companies are expected to generate annual revenue of $400 million, Rymarz wrote. Heyday and Branded are part of the crowded and turbulent market of Amazon seller aggregators. Prior to the deal with Paris-based Branded, Heyday explored a possible tie-up with Dragonfly, whose backers include L Catterton, before the talks fell apart, CNBC previously reported. WATCH: What's behind the hype and billion-dollar aggregators buying Amazon sellers

Persons: Sebastian Rymarz, Rymarz, Aggregators, Jared Kushner's, highflier Thrasio, aggregators Organizations: CNBC, Apollo Global Management, BlackRock, Bloomberg, Companies, Jared Kushner's Affinity Partners Locations: New York, Silicon Valley, BlackRock, Paris

☆ SIRO, One Za’abeel: Dubai’s ‘first fitness hotel’ is taking wellness tech to the next level
▼ + stars: | 2024-06-21 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

“The industry is evolving,” says Desmond Cawley, hotel manager at SIRO, One Za’abeel. This kind of light therapy treatment has its roots in NASA’s experimentation with red light therapy in the 1990s to boost plant growth in space and help heal wounds in astronauts. Rebecca Cairns/CNNEven at SIRO, with all its cutting-edge tech, Cawley has observed a surge of interest in mindfulness activities like meditation. Of course, at SIRO, there’s even a high-tech alternative to this: “vibroacoustic therapy,” the sci-fi equivalent of a gong bath. Tech to help you disconnect might seem excessive, but for SIRO, the integration of health data is the future of wellness, providing guests with a data-driven, personalized wellness program.

Persons: ”, Desmond Cawley, SIRO, Dubai’s, Adam Peaty, Ramla Ali, Cawley, it’s, Rebecca Cairns, Boka, “, Beth McGroarty, that’s, ” McGroarty, SIRO isn’t, McGroarty, —, there’s Organizations: CNN, AC Milan football, Kerzner, Global Wellness Institute, bros, Equinox Locations: Dubai, Montenegro, New York City, SIRO, Cryotherapy

☆ Brussels Threatens to Hit Hungary's Economy if Orban Vetoes Ukraine Aid - FT
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The European Union will sabotage Hungary's economy if Budapest blocks fresh aid to Ukraine at a summit this week, under a confidential plan drawn up by Brussels, the Financial Times reported on Sunday. Brussels has outlined a strategy to explicitly target Hungary's economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt "jobs and growth" if Budapest refuses to lift its veto on the aid to Kyiv, the newspaper reported, citing a document drawn up by EU officials. they cannot imagine that" EU funds would be provided to Budapest. Hungary's EU minister Janos Boka told the newspaper Budapest was not aware of the financial threat, but that the country "does not give in to pressure". (Reporting by Disha Mishra in Bengaluru; Editing by Kirsten Donovan)

Persons: Viktor Orban, Janos Boka, Disha Mishra, Kirsten Donovan Organizations: Reuters, European, Financial Times, Budapest, EU, Kremlin, FT Locations: European Union, Budapest, Ukraine, Brussels, Kyiv, Hungarian, Russia, Hungary's, Bengaluru

☆ Hungary accuses EU of blackmail over Ukraine aid stand-off
▼ + stars: | 2024-01-29 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Viktor Orban, Hungary's prime minister, arrives on day one of the European Union (EU) leaders summit at the EU Council headquarters in Brussels, Belgium, on Monday, May 30, 2022. Hungary accused the European Union of blackmail after a leaked document reportedly suggested that the bloc plans to sabotage Budapest's economy if it vetoes fresh aid for Ukraine at a summit later this week. "Hungary does not give in to blackmail," Bóka János wrote in a post on X, the platform formerly known as Twitter. "The document drafted by Brussels bureaucrats only confirms what the Hungarian Government has been saying for a long time: access to EU funds is used for political blackmailing by Brussels," he added. It added that budget talks remain ongoing and will continue to be based on reaching a compromise that is acceptable to all 27 member states.

Persons: Viktor Orban, Hungary's, Bóka János Organizations: European Union, EU, European, Ukraine, Financial Times, Hungarian Locations: Brussels, Belgium, Hungary, European Union, Kyiv, Hungarian Government, Budapest, Hungarian, Ukraine

☆ Hungary seeks EU action over Bulgaria's new fee on Russian gas transit
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

European Union (EU) flags fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, July 8, 2020. REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsBUDAPEST, Nov 10 (Reuters) - Hungary has asked the European Commission to launch an infringement procedure against Bulgaria over a new fee it has imposed on Russian gas transit shipments, EU affairs minister Janos Boka said in a post on Facebook on Friday. Bulgaria introduced the new transit fee of about 10 euros per MWh of Russian gas last month, prompting strong criticism from Hungary and Serbia. "Today I have sent a letter to the European Commission asking it to launch an infringement procedure against Bulgaria without delay," Boka said. He has asked the EU executive to call on Bulgaria to suspend the fee until the procedure is completed, he added.

Persons: Ralph Orlowski, Janos Boka, Boka, Krisztina, Hugh Lawson Organizations: Union, European Central Bank, REUTERS, Rights, European Commission, Facebook, Thomson Locations: Frankfurt, Germany, Hungary, Bulgaria, Serbia, Russia, Europe

☆ See Europe's less-crowded destinations as Americans flood the hot spots
▼ + stars: | 2022-08-18 | by ( Terry Ward | ) edition.cnn.com time to read: +15 min

North Jutland, DenmarkSouthern Europe swells with crowds during summer, and it can also get hot to the point of extremely uncomfortable in July and August. Temperatures in Seville and other spots in southern Spain recently exceeded the 110˚ Fahrenheit mark (43.3 Celsius). MontenegroLeave Croatia’s jam-packed Dubrovnik to the hordes of “Game of Thrones” hangers-on and make for less-trampled spots in neighboring Montenegro instead. It’s just 40 minutes from the popular beaches of Taormina, which are flooded with “White Lotus” fans this summer. There are beaches all around the peninsula, but if you only hit two, Mylopotamos and Fakistra on the Aegean side are the can’t-miss spots.

Persons: ”, Tania Swasbrook, Swasbrook, it’s, Jack Ezon, he’s, “, ” Ezon, you’ve, Mads Østergaard, Moritz, St, Du, Marianne Fabre, Lanvin, Vin de Bonté, ” Fabre, Arlindo Serrão, Serrão, ” Serrão, Dolev Azaria, Azaria, Portonovi, Spain Spain’s Costa, Spain Spain’s Costa de la Luz, Manni Coe of, TOMA, ” Coe, El Rompido, Italy Lipari, Diego Fiore, Dario Ferrante, Absolute, Ferrante, ” Ferrante, Andreas Heide, Barba, Alan Mandic, ” Mandic, Andria Mitsakos, Mitsakos Organizations: CNN, Allianz Partners, Vgari, CNN Travel, Croatia, Michelin, Tri, Villa, –, SAS, France International, gravitate, Cannes, Lodging, Le, Adobe, Alentejo ‘, “, New, UNESCO, Costa de la, Spain Spain’s Costa de la, del Sol, Albanian Locations: Europe, Tuscany, Slovenia, Croatia, Kotor, Montenegro, Italy, France, Pantelleria, Paros, Spain, Portugal, North Jutland, Denmark Southern Europe, Seville, Denmark, Cold Hawaii, ”, Jutland, Aalborg, Denmark’s, “, Newark, United States, Moritz, Switzerland, St, Engadin, Badrutt’s, Swiss, Nice, Montpellier, l’Espiguette, L’Oyat Plage, Alentejo, Lisbon, Algarve, Comporta, Dubrovnik, “ Montenegro, New York City, Como, Costa de, Costa de la Luz, Spain Spain’s Costa de, Barcelona, del, Manni Coe of Andalusia, Tarifa, El, Cadiz, Huelva, Mazagón, Aeolian, Sicily, Amalfi, Caribbean, Salina, Filicudi, Mount Etna, It’s, Taormina, Senja, Norway, Svalbard, Lofoten, Northern Norway, Zadar, Split, Hvar, Silba, Pelion, Greece, Mykonos, Albania, Ksamil . Albania's, Balkan

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