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Von der Leyen: EU must end energy dependency on Russia - La Prensa Latina Media

Madrid, Mar 6 (EFE).- European Commission president Ursula Von der Leyen said Saturday evening that the European Union should end its dependency on Russian energy sources and try to diversify in order to tackle the economic repercussions of “Putin’s war.” Von der Leyen was speaking to the media after meeting Spanish President Pedro Sanchez in …
Iberian Peninsula Spain General Russian Federation Vladimir Putin Felix Bolanos Pedro Sanchez

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Industria de Diseño Textil (OTCMKTS:IDEXY) Downgraded by Zacks Investment Research to "Sell"

Zacks Investment Research downgraded shares of Industria de Diseño Textil (OTCMKTS:IDEXY – Get Rating) from a hold rating to a sell rating in a report issued on Tuesday morning, Zacks.com reports. According to Zacks, “Industria de Diseño Textil, S.A., is a fashion retailer operating worldwide. The company also involves in the business of textile designing, […]
Amancio Ortega Gaona Massimo Dutti Zacks Investment Research Goldman Sachs Group Royal Bank Industria De Dise

Zara-owner Inditex suspends operations of its over 500 stores in Russia

Madrid, Mar 5 (EFE).- Spanish retail giant Inditex, which owns fashion brands such as Zara, Bershka and Pull&Bear, announced Saturday it was “temporarily suspending” its operations in Russia, where it has over 500 stores. The company said both physical stores and online channels would be suspended in response to the Russian invasion of Ukraine. Inditex …
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