 | | | | As Greek restaurateurs gear up for the summer season, they are keeping a wary eye on the potentially damaging impact of inflation - amply illustrated by the soaring price of a signature snack popular with both locals and visitors. | | | | | | Panasonic Holdings Corp , which makes batteries for Tesla, said on Wednesday it had shipped samples of its more powerful 4680 format electric car battery to the U.S electric vehicle maker as it prepares for a surge in North American power pack production. | | | | | | Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing shortages of various parts, including semiconductors. | | | | | | Capri Holdings Ltd raised its profit forecast for the full year on Wednesday, signaling robust demand for its Versace dresses and Michael Kors handbags as higher-income consumers return to their old shopping routines. | | | | | | Italy's Prada said it had appointed Roberto Massardi as the luxury group's chief business development officer at a time when the fashion group looks to expand its business after the hit on the sector by the coronavirus pandemic. | | | | | | In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen, you were warned." | | | | | | Futures tracking the Dow and the S&P 500 edged higher on Wednesday after Salesforce posted robust quarterly results, while investors awaited private jobs and factory activity data for cues on the strength of the U.S. economy. | | | | | | Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and Web3 spaces. | | | | | | Global growth in factory activity slowed in May as China's strict coronavirus curbs and Russia's invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already struggling with surging raw material prices. | | | | | | Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie Club monthly subscription plan, the company said on Wednesday, hailing a rebound in moviegoing after disruptions from the coronavirus pandemic. | | | | | |
