Ferrari unveils new organisation and top team to face electrification challenge
Ferrari’s (RACE.MI) new chief executive on Monday unveiled a new organisation and leadership changes aimed at sharpening its technology focus and product exclusivity as the luxury sports car maker embraces electrification.
Foxconn India iPhone plant to reopen on Wednesday -legislator
Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will reopen an iPhone manufacturing facility in southern India on Wednesday, government officials and a legislator in the region where the plant is located told Reuters.
Oil prices edge up on Kazakhstan, Libyan supply worries
Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections.
Major UK companies plan 2022 investment surge – Deloitte
Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of growing labour shortages, according to a survey from accountants Deloitte.
China Evergrande moves headquarters from Shenzhen to Guangzhou -report
Cash-strapped property firm China Evergrande Group (3333.HK) has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media outlet The Paper reported on Monday, citing people familiar with the matter.
Analysis: Argentina’s strategy toward IMF deal hits a wall of doubt
Argentina’s insistence on its deficit spending plan is putting it on a fresh collision course with the International Monetary Fund, though analysts predict the country will be forced to change tack and clinch a deal to avoid a bigger crisis.
Analysis: Shrink to fit: the year Big Oil starts to become Small Oil
Europe’s Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.
Stocks sag as U.S. yields climb higher
Stock markets struggled on Monday as U.S. Treasury yields reached a new two-year high and investors fretted about the prospect of rising interest rates and a surge in COVID-19 infections.
JPMorgan to boost Asia private banking headcount by over 100 this year – sources
JPMorgan Chase & Co (JPM.N) plans to boost its private banking business headcount in Asia by more than 100 this year, two people with direct knowledge of the matter said, joining its peers in a push to grab a bigger share of the region’s wealth.
Euro zone inflation hits 5%, marking another record high
Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently underestimated price pressures and come under fire for this from some of its own policymakers.
