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European firms unite in bid to rival SpaceX
Posted onKey European aerospace firms have agreed to pool their space operations into a single business in a bid to compete in the rapidly developing space industry against rivals including SpaceX. Pitched as a ‘European Space Champion’, the new company will be headquartered in Toulouse, employ around 25,000 people and have an annual turnover of €6.5bn…
The true cost of cyber hacking on businesses
Posted onTheo LeggettInternational Business Correspondent BBC The first day of September should have marked the beginning of one of the busiest periods of the year for Jaguar Land Rover. It was a Monday, and the release of new 75 series number plates was expected to produce a surge in demand from eager car buyers. At factories…
Luce: Ferrari marketing boss quits just weeks after EV launch backlash
Posted onFerrari’s marketing boss has quit after 16 years at the company just weeks after a backlash over the launch of the supercar maker’s first-ever electric car, the Luce. The firm announced this week that Enrico Galliera would leave the role of chief marketing and commercial officer. He will be replaced by former BMW Italy head…
Swedish workers trial friendship hour to combat loneliness
Posted onMaddy SavageBusiness reporter, Kalmar, Sweden BBC Pharmacy worker Yasmine Lindberg admits that she had been struggling with loneliness Staff at a major Swedish pharmacy chain are being given paid time off to spend with friends, as Sweden’s government calls on businesses to help play a role in tackling loneliness. Yasmine Lindberg, 45, is one of…
