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...Croatia holds parliamentary elections, while foreign ministers of G7 nations will gather on the Italian isle of Capri....
...Shares of Capri traded up to $54 per share, just short of the $57 deal price. Now they hover around $37....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...further highlights the increased risks associated with using leveraged ETPs,” said Kenneth Lamont, senior fund analyst for passive strategies at Morningstar, who has likened leveraged and inverse ETPs to a “casino...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Americans are avid consumers of shiny, expensive things. They make up a huge proportion of global luxury sales....
...US luxury goods group Tapestry has agreed to buy Versace and Michael Kors-owner Capri Holdings for $8.5bn, in one of the biggest attempts to create a US rival to the European powerhouses LVMH and Kering....
...And net-net the winners are not the gamblers but the casino....
...Stablecoins are a form of digital cash akin to chips in a casino, allowing holders to easily switch between trading on different markets....
...The area has kept its identity; you can still get a coffee at Capri and the hotels and restaurants that have been run by generations of families have stayed....
...For ESPN, Penn offers expertise in the gambling sector and the technology to power the new app, which the casino group acquired in its $2bn takeover of Canadian gaming app theScore in 2021....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...It has just added Casino Doxi Stracca, a compound sleeping 12 that’s a few kilometres inland from the beautiful Ionian city of Gallipoli....
...Yet it has now made its mark on the semiconductor world after acquisitive Japanese chipmaker Renesas Electronics paid nearly $6bn for a company that traces its roots to the “Apple Isle”....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
...They are equivalent of walking into the casino and slapping down your chips on red — and that’s not investing any more.”...
...Disney is pushing into the US sports betting industry, tying its ESPN cable network to the casino and online gambling company Penn Entertainment in a $2bn deal....
...News round-up Iliad proposes merger of Italian operations with Vodafone Italia (FT) Software AG sells data platform to IBM for €2.1bn (FT) Intermarché and Auchan open talks on buying Casino stores (FT...
...So if there's not any casinos in China, or any legal casinos, people are instead using technology to bet via proxy in casinos abroad....
...(cruise lines, airlines, casinos) mixed in with those weak consumer names....
...Late on Tuesday, the US regional casino chain ended its partnership with the Barstool Sports media group to work with Disney’s ESPN....
...Meanwhile, research from Pennsylvania, one of just seven jurisdictions to allow online casinos, found that 36.7 per cent of online bettors admitted to observing at least one problematic element to their...
...running casino (FT) Japan to set up $6.7bn JAXA fund to develop space industry (Nikkei Asia) Prosecutors seek 5 years for Samsung chief for alleged stock manipulation (FT) South Korea’s EcoPro Materials...
...Travel is a consistent theme: Royal Caribbean, Delta, American Airlines, and two casinos (MGM and Las Vegas Sands) are all in the top 10. Business travel is back....
...Southern Water provides services to 2.6mn customers across Kent, Sussex, Hampshire and the Isle of Wight....
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