US company Crocs (based in Broomfield, Colorado) decided to acquire Italian casual footwear brand Heydude for 2.5 billion dollars. The purchase will be fund with 2.05 billion dollars in cash and 450 million dollars in Crocs shares issued to Alessandro Rosano, founder and CEO of the Italian brand.   “We founded Heydude in Italy in 2008, to develop comfortable, versatile and accessible footwear. We are […]

18.1 billion euros in investments, over the next 10 years, to enable the energy transition in Italy: on 7 July 2021, during a press conference attended by Terna Chairwoman Valentina Bosetti, CEO and General Manager Stefano Donnarumma, the Italian Minister for Ecological Transition Roberto Cingolani, […]

Maritime transport is one the most important modes of shipping used nowadays and is particularly important for landlocked countries, which rely heavily on shipping as their connectivity is strongly influenced by geography. Although its significance to the global maritime transport sector is not huge, Africa […]

The companies Alphabet Inc., Google LLC and Google Italy were fined € 102 million for violating art. 102 of the Treaty on the Functioning of the European Union. According to the Authority, in fact, Google has a dominant position thanks to the Android operating system […]

The International Monetary Fund (an international public organization of a universal nature, which today includes 190 countries) proposes an idea that would have the objective of supporting the economic crisis caused by Covid, that is, a solidarity tax to finance expenses. The IMF, in its […]

On May 13, Tesla CEO Elon Musk announced that the automaker will no longer accept Bitcoin as a payment method for the purchase of electric vehicles.  The reason, explained through Twitter, seems to be the environmental pollution caused by the cryptocurrency mining process and by the transactions that […]

Dubai aims to increase companies in the creative economy from 8,300 to 15,000 over the next four years, increasing the percentage of its GDP due to the creative economy from 2.6% to 5%. The Arab emirate is therefore launching new creative zones for cultural content, […]

During the ordinary and extraordinary shareholders’ meeting of Tod’s spa, the new board of directors was appointed for the three-year period 2021-2023. Only one list of candidates was presented to the shareholders, namely the one proposed by the majority shareholder Di. Vi. Finanziaria di Diego […]

After the definitive exit from the European market last January, together with the inevitable blows of the virus also to the economic life of the United Kingdom, the British financial situation has changed considerably compared to the past. London’s leadership appears to be threatened by […]

On March 17, the Chinese company Pinduoduo released its fourth-quarter financial results for 2020, confirming itself as the largest e-commerce in terms of active users, even overtaking the giant Alibaba Group Holdings.  “Pinduoduo was founded in 2015 with a focus on agriculture and has grown to become China’s largest agriculture platform, handling more […]