ROME (Reuters) -Silvio Berlusconi, the former Italian prime minister and billionaire media mogul who died on Monday at the age of 86, controlled a diverse business empire through the Fininvest family holding and several related companies. FININVEST Berlusconi, who made his name by building a media empire in the 1980s and as owner of European…
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing growth in travel demand from customers. Bookings across the cruise industry, which were hit hard during the pandemic, have now reached historical levels…
By Ananya Mariam Rajesh (Reuters) – Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious consumers are opting for cheaper six-packs, according to analysts and industry experts. With inflation making goods more expensive nationwide, consumers are trading down to more…
MILAN (Reuters) -Four-time Italian prime minister and billionaire media tycoon Silvio Berlusconi, who died on Monday at the age of 86, never publicly indicated who should lead his business empire after his death. The future of his business interests will likely depend on how he has chosen to distribute his 61% stake in family holding…
ROME (Reuters) – Italy’s former Prime Minister Silvio Berlusconi’s health conditions are “very serious,” Italian newspaper Corriere della Sera said on Monday. Reuters is checking the report. (Reporting by Federica Urso, editing Gianluca Semeraro)
CAIRO (Reuters) – Three British tourists were missing and 12 had been rescued after a motor boat caught fire on Sunday off the Egyptian Red Sea coast, Egyptian officials and security sources said. The survivors were brought to safety in the nearby diving resort of Marsa Shagra, about 21km (13 miles) north of the town…
By Christina Anagnostopoulos (Reuters) – Millions of LGBTQ Americans are taking part in this year’s Pride celebrations against a backdrop of increasing attacks, both online and offline. The rising demonstrations, legal efforts to restrict LGBTQ rights and political rhetoric inflaming national conversations around issues like drag shows and transgender healthcare may be fueling each other,…
(Reuters) – Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant’s password-sharing crackdown came into effect on May 23, data from research firm Antenna showed. The news sent shares of the company up 2.3% to $418.92 in early trading. Looking for new ways to make money in a…
By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar airlines from charging family seating fees but would not set minimum seat size requirements or impose new rules to compensate delays. The leaders of the House Transportation and Infrastructure Committee unveiled a nearly 800-page proposal…
By Emma-Victoria Farr BERLIN (Reuters) -Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the SuperReturn…
