Analysis: Europe Inc’s wage hikes alarm investors as worries about recession grow
Plans by European companies to hike wages and pay one-off bonuses to help staff cope with a torrid winter are raising alarm among investors concerned that the extra cost could hurt profits and undermine the region’s economy.
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.
Ferrari, Amazon’s AWS enter agreement on data
Ferrari (RACE.MI) and Amazon Web Services (AWS) have entered an agreement to make Amazon’s (AMZN.O) cloud computing unit the luxury carmaker’s cloud storage, machine learning, and artificial intelligence provider, AWS said on Friday.
