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Amazon Faces Dual Investigations In Italy For Alleged Tax Evasion, Labor Violations
Friday, July 26, 2024 - 2:19pm | 387U.S. retail giant Amazon.com, Inc. (NASDAQ:AMZN) has been investigated twice this week for allegedly conducting suspected tax evasion in Italy. Italy’s tax police on Tuesday seized about 121 million euros ($131 million) from Amazon Italia Transport in Milan as part of an investigation into...
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UniCredit Shares Tank As CEO Is Considered For Chief Position At HSBC
Friday, February 21, 2020 - 5:34am | 290The shares of Italian banking giant UniCredit S.p.A. (OTC: UNCFF) dipped in Friday's trade in Milan as reports suggested that the company's chief executive officer Jean-Pierre Mustier was being considered for leading HSBC Holdings p.l.c. (NYSE: HSBC). What Happened Bloomberg reported...
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Prada Pays $72M To Family Heir To Take Control Of Milan Stores
Wednesday, October 30, 2019 - 6:09am | 213Prada S.p.A. (HKG: 1913) has come to an agreement with its co-CEO Miuccia Prada to take over four of the company’s stores she controls, Bloomberg reported on Tuesday. The Italian fashion trailblazer will pay $73 million as part of the bargain. “The move will be an important step in...