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German Factory Orders Rose Even After US Tariff Announcement

German Factory Orders Rose Even After US Tariff Announcement

Bloomberg05-06-2025

German factory orders kept rising after President Donald Trump's announcement of US reciprocal tariffs, defying expectations for a setback.
Demand increased 0.6% in April from the previous month, while economists had predicted a 1.5% decline in a Bloomberg survey. Without large-scale orders, they were still 0.3% higher, the statistics office said Thursday.

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Venice is wild with rumors over the secretive Bezos-Sanchez wedding
Venice is wild with rumors over the secretive Bezos-Sanchez wedding

CNN

time19 minutes ago

  • CNN

Venice is wild with rumors over the secretive Bezos-Sanchez wedding

Plagued by the looming threat of disruptive protests, the upcoming Venetian wedding of Amazon founder Jeff Bezos and former news anchor and licensed pilot Lauren Sanchez — which is expected to be a lavish, multimillion-dollar affair — may be one of the most anticipated and closely guarded events to be held in the floating city of love. Spokespeople for the couple remain tight-lipped and invited guests have been required to sign NDAs, but a lid cannot be kept on widespread speculation about every detail of the event that is expected to take place this week. At Harry's Bar, a fabled institution that once counted Ernest Hemingway among its customers, the waiters are hoping some of the 200 guests — a mix of A-list celebrities, political dignitaries and powerful business executives — might stop in for one of their famous Bellini cocktails. Whether or not Bezos will bring his yet-unnamed groomsmen there, as George Clooney did when he married Amal Alamuddin in 2014, is anyone's guess. 'We hope so,' one of the waiters told CNN. 'We can't divulge anyone who has made a reservation. We protect the privacy of all of our guests, not just the billionaires.' From the date to the guest list, possible venues and the bridal gown, the rumor mill is spinning at a rapid pace. Proceedings are being overseen by boutique event planners Lanza and Baucina, the Italian duo who transformed Venice's Grand Canal into a red carpet for the Clooneys' glitzy wedding. Protesters believe there's no space for a Bezos wedding in Venice, but the company has insisted that its plans are respectful of the city and the unique set of challenges it faces as one of the most overpopulated tourist sites in Europe. 'Rumors of 'taking over' the city are entirely false and diametrically opposed to our goals and to reality,' they said in a statement shared with CNN. 'From the outset, instructions from our client and our own guiding principles were abundantly clear: the minimizing of any disruption to the city.' The couple is sourcing some 80% of wedding provisions from local vendors, including pastries from the Rosa Salva pastry shop, the oldest in Venice, whose owners told CNN they have been commissioned to create 'about 200 goodie bags.' Murano glassware designer Laguna B also confirmed to CNN that it is creating special party favors. The company declined to share any further details. Veneto regional president Luca Zaia is not concerned about the city's plans to manage the wedding, telling one local paper, 'I repeat, this is a city that handles 150,000 people a day. George Clooney, François-Henri Pinault and Salma Hayek, Alexandre Arnault, Elton John and many others got married here.' He also surmised that the President of the United States, who is scheduled to be in Europe this week for the NATO summit, could conceivably be on the guest list, telling Corriere della Sera, 'Of course, Donald Trump could also come to this wedding.' One imagines that Trump's priorities may have shifted considerably over the weekend. With guests sworn to secrecy about their attendance, Sanchez's very public bachelorette party in Paris last month may offer clues as to who will watch on as she and Bezos say 'I do.' Kim Kardashian, Kris Jenner, Katy Perry, and Eva Longoria all took part in celebrations that included a boat trip along the Seine. Oprah Winfrey, Mick Jagger and Ivanka Trump have also been invited, according to the Associated Press. As is tradition, Sanchez will be keeping details of her wedding gown, and its designer, under wraps until the big day, but close followers of her fashion will know she is a regular wearer of Dolce & Gabbana. Sanchez sat front and center at the Italian house's Alta Moda show in Sardinia last summer as her son Nikko Gonzalez walked the runway, signaling a close relationship with the brand. Others in the running to dress the bride could be the storied house of Oscar de la Renta. Sanchez did not attend this year's Met Gala, but she did notably wear a custom-made gown by the label for her 2024 debut. Around 30 of the city's elite water taxis, out of 280 total, are also thought to be reserved. One taxi driver told CNN he has been booked from June 25th through the 30th for 'a big wedding,' but declined to say more on the subject. Gondolas have also been put on hold, with the city's gondola association confirming they are ready for the event. The city's nine yacht ports have also been booked for the week leading up to the main event. Bezos' $500 million Koru, which is always tailed by the smaller L'Abeona, are both in the Adriatic Sea already, according to the Marine Traffic website. Venice's airspace is closed to drones and non-authorized traffic, but one source told CNN that permission has been granted for private helicopters, particularly for anyone needing special security, such as heads of state. The Marco Polo airport, no stranger to private jet traffic, already has a secluded area with direct access to private water taxis, making it easy for stars to slip into the city unseen. The wedding date itself, by far the most protected detail, still remains unconfirmed and the couple seem hellbent on keeping everyone guessing up until the last minute. A person close to Venice City Hall told CNN that the wedding planners secured a variety of venues over a period of days and will decide what happens where and when based on the most uncontrollable factors — weather and protesters. The wedding is expected to use a small handful of hotels in the city to accommodate guests or host events. One of the most talked-about possible venues is the Cini Foundation on the island of San Giorgio Maggiore, which has hosted everything from G7 events to private concerts. The sculpted gardens and monastery, where monks still pray, sit across the lagoon from the famous Piazza San Marco and would provide an intimate setting ideal for a dinner. Building work being carried out in mid-June looked suspiciously like a set being built — perhaps for a wedding concert? The Aman hotel on the Grand Canal, where the Clooneys chose to wed, has also been mentioned as a potential location. Another top contender is the Scuola Grande della Misericordia, a 16th-century armory that would be perfect for the ceremony itself — although it is more vulnerable to protesters, who have already threatened to block the canals if the wedding party tries to reach the venue. Interestingly, a rather wedding-esque gazebo has been erected next to the Excelsior Hotel on the Venice Lido, a stone's throw from where the Venice Film Festival is held each year. But, as with the rest of the venues, nothing is confirmed.

NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all
NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all

Washington Post

time21 minutes ago

  • Washington Post

NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all

THE HAGUE, Netherlands — NATO leaders are expected to agree this week that member countries should spend 5% of their gross domestic product on defense, except the new and much vaunted investment pledge will not apply to all of them. Spain has reached a deal with NATO to be excluded from the 5% of GDP spending target , while President Donald Trump said the figure shouldn't apply to the United States, only its allies.

Nobel Biocare and 3Shape Announce Strategic Distribution Partnership
Nobel Biocare and 3Shape Announce Strategic Distribution Partnership

Yahoo

time23 minutes ago

  • Yahoo

Nobel Biocare and 3Shape Announce Strategic Distribution Partnership

Nobel Biocare to Distribute 3Shape TRIOS® Intraoral Scanners ZURICH, June 23, 2025 /PRNewswire/ -- Nobel Biocare is pleased to announce a new distribution partnership with 3Shape, a global leader in 3D scanning and digital dental solutions. Through this collaboration, Nobel Biocare will become an official distributor of 3Shape's TRIOS® intraoral scanners, expanding its digital dentistry portfolio and delivering even greater value to dental professionals worldwide. 3Shape's TRIOS® scanners are widely recognized for their accuracy, ease of use, and patient-friendly scanning experience. This distribution agreement brings together 3Shape's innovative scanning technology with Nobel Biocare's trusted heritage in implant-based restorations and prosthetics, offering customers a streamlined digital workflow from scan to final restoration. At the same time, we would like to emphasize that the DEXIS IS scanner remains a core element of our offering — an enduring symbol of our strong and strategic partnership with DEXIS. This dual approach not only enhances the range of cutting-edge tools available to dental professionals but also reaffirms our pledge to quality care and innovation, instilling confidence among our customers and key stakeholders, including our valued Envista investors. "At Nobel Biocare, our mission is to redefine what is possible in Dental care by empowering clinicians through innovation" said Rosemary O'Neill, VP/GM Procera and Digital Solutions "By partnering with 3Shape and distributing TRIOS scanners, we're enabling our customers to access one of the most advanced intraoral scanning solutions available, supported by Nobel Biocare's expertise and service network." Key benefits of the partnership include: Seamless integration of TRIOS scanners with Nobel Biocare's digital workflows Bringing together two premium brands to deliver treatment efficiencies, predictability and reduced time to teeth - transforming patients lives through our superior products and solutions Access to world-class training and educational resources to ensure clinical success "We are excited to collaborate with Nobel Biocare to expand access to TRIOS," said John Cusack, Chief Commercial Officer at 3Shape. "This partnership ensures more dental professionals can benefit from a proven digital solution that enhances patient care and practice efficiency." TRIOS scanners will be available in select markets for purchase through Nobel Biocare by end June 2025. For more information, please contact your local Nobel Biocare representative. About Nobel BiocareNobel Biocare is a world leader in implant-based dental restorations. Our mission is to empower dental professionals to provide exceptional care through innovative solutions and clinical support. About 3Shape3Shape is a global innovator in digital dentistry, empowering dental professionals to provide superior dental care for every patient, every time. Its award-winning digital solutions advance and connect practices and labs. Founded in Denmark in 2000, 3Shape employs more than 2,200 dedicated professionals, who together serve customers in 100+ countries. Private equity fund EQT has been a shareholder since 2022. For more information, visit Media contact: Lauren View original content to download multimedia: SOURCE Nobel Biocare Sign in to access your portfolio

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