MILAN (Reuters) -Italian unions representing workers at Stellantis, Ferrari, Iveco and CNH Industrial will ask for a wage increase of over 8% to be paid in 2023 to help cover soaring energy and food bills, a senior source familiar with the matter said on Wednesday. Europe's cost-of-living crisis is putting upward pressure on wage inflation as companies across the continent face demands from workers to cushion the impact of rising prices. Consumer prices rose 8.9% year on year in Italy in September.
MILAN (Reuters) -Ferrari said on Monday some internal documents had been posted online and the luxury sports carmaker was working to identify how this had happened. Ferrari added it had no evidence of a breach of its systems or ransomware, and said there had been no disruption to its business and operations. Earlier on Monday, Corriere della Sera newspaper, citing the Red Hot Cyber website, said Ferrari had been the victim of a cyber attack and seven gigabytes of documents, including internal ones, datasheets and repair handbooks, had been made public.
Morgan Stanley makes a very bullish call on shares of the supercar maker.