Business News

Business

Prada Secures a Landmark $1.4 Billion Acquisition of Versace, Reshaping Luxury Fashion Landscape

Prada's acquisition of Versace for $1.38 billion from Capri Holdings is set to redefine the luxury fashion industry, overcoming initial challenges and marking a strategic move for ...

Business

Delhi's Bold Move: Banning CNG Autos Sparks Fears for the Future of City Gas Sector

Delhi's draft electric vehicle policy proposes to stop registering new CNG autos and renewing old ones unless retrofitted, raising concerns over public transport chaos and the viab...

Business

EU Considers Lifting Import Duties on Chinese Electric Vehicles Amid Trade Tensions

The European Union and China are exploring the removal of import duties on Chinese electric vehicles, a move influenced by global trade tensions and the potential benefits of unres...

Business

Prada Secures a Landmark $1.38 Billion Acquisition of Versace, Setting a New Fashion Empire

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to reshape the luxury fashion landscape by 2025. Despite initial hurdles, the merger promise...

Business

Amazon's AI Revenue Skyrockets: Triple-Digit Growth Signals a Tech Revolution

Amazon CEO Andy Jassy announces triple-digit growth in AI revenue, emphasizing AI's transformative potential and Amazon's commitment to innovation by cutting bureaucracy.

Business

Amazon CEO Andy Jassy's Compensation Soars to $40.1M in 2024: A 37% Increase from Previous Year

Amazon CEO Andy Jassy's total compensation reached $40.1 million in 2024, marking a 37% increase from the previous year. His base salary remained at $365,000, with stock performanc...

Business

Prada Secures a Landmark $1.4 Billion Acquisition of Versace, Reshaping Luxury Fashion

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to finalize in 2025. Despite challenges, this merger promises to redefine luxury fashion and...

Business

Prada Secures Future of Fashion with a Groundbreaking $1.4 Billion Acquisition of Versace

Prada announces a $1.38 billion deal to acquire Versace from Capri Holdings, set to finalize in 2025. The acquisition, confirmed despite earlier uncertainties, aims to strengthen P...