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Ferrari sales, earnings guidance shift higher
Ferrari sales, earnings guidance shift higher
by  AFP

Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after posting double-digit gains in sales and earnings. Chief executive Benedetto Vigna said "all these lead us to revise upward our 2022 guidance on all metrics."

Germany primes energy price cap as bills soar
Germany primes energy price cap as bills soar
by  AFP

Germany on Wednesday put the finishing touches on an energy price cap, the cornerstone of a massive 200-billion-euro ($198-billion) package to shield households and businesses from rising costs. - European discontent - Germany, long reliant on Moscow for energy imports, has been hit hard by the sharp rise in prices since the invasion of Ukraine and the cut to supplies.

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