French luxury behemoth LVMH will pay 10 million euros ($11.3 million) to settle claims that it hired France’s former domestic intelligence chief to spy on private citizens, in particular on a filmmaker who made a widely popular documentary targeting the group’s CEO. A Paris court on Friday validated the settlement offered by prosecutors, ending an …
FILE PHOTO: Prada Chief Executive Patrizio Bertelli speaks to the media during a meeting at the Prada’s factory in Valvigna, Italy, June 8, 2018. REUTERS/Stefano Rellandini/File Photo March 11, 2021 MILAN (Reuters) – Italian fashion group Prada expects revenues to grow to 2.9-3.1 billion euros this year after a pandemic-driven fall to 2.42 billion euros …
Exclusive: Prada’s CEO sees 2021 sales growing to 2.9-3.1 billion euros Read More »
FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. REUTERS/David W Cerny February 2, 2021 By Kate Abnett and Nick Carey BRUSSELS/LONDON (Reuters) – An EU plan for a fifty-fold increase in electric cars this decade to help cut greenhouse gas emissions …
EU electric vehicle push needs 80 billion euros for chargers: industry group Read More »
FILE PHOTO: The construction site of the future Tesla Gigafactory is seen in Gruenheide near Berlin, Germany, September 19, 2020. Picture taken with a drone. REUTERS/Hannibal Hanschke/File Photo February 1, 2021 BERLIN (Reuters) – U.S. electric vehicle maker Tesla stands to receive at least 1 billion euros ($1.2 billion) in public funding from Germany for …
Tesla set for at least 1 billion euros in German subsidies – Business Insider Read More »
December 16, 2020 By Douglas Busvine BERLIN (Reuters) – Estonian mobility startup Bolt said on Wednesday it had raised 150 million euros ($182 million) from investors, becoming the latest European player to win funding as the coronavirus pandemic changes the way people get around. Bolt, previously known as Taxify, competes with Uber in ride-hailing. It …
