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64 hotels in Palma will open in winter

Robust period for urban tourism. Credit: : pexels/ Tetiana Androshchuk Palma’s hotel sector is poised to remain active throughout the winter, with nearly all establishments staying open during what is traditionally considered the low season. Projections for this winter indicate a robust period for urban tourism, with visitor numbers expected to increase by 5% to […]

Banco BPM says UniCredit’s ‘unusual’ $10.5 billion takeover offer does not reflect its profitability

A Banco BPM SpA bank branch in Milan, Italy, on Friday, Nov. 15, 2024.  Bloomberg | Bloomberg | Getty Images Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability. The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed […]

iPhone Production in India Reaches $10 Billion Milestone

Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s production-linked […]