European IPOs fizzle out as political turmoil roils stocks

The European IPO market is unlikely to see any new candidates until after the summer, as political uncertainty has roiled markets, bankers said. This week Italian luxury sneaker brand Golden Goose and Spanish fashion retailer Tendam both postponed planned listings citing the impact that France’s snap election had on markets. The election call last week in response to a […]
Italy is bracing for a record wave of tourists, but is having trouble handling them

Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside resort, where Taylor Swift and Travis Kelce stayed at the Villa Sola Cabiati in Tremezzo two weeks ago after her series of Paris concerts, you know you have a problem. “There are days when traffic comes to a […]