Ferrari has posted record profits just days after reports it is fighting a small Italian charity over rights for the name it wants to call its upcoming SUV.
The Italian sportscar specialist trumped last year’s figures across the board, with net profit — after a one-off tax adjustment — up 8 per cent to €699 million on the back of a 10 per cent increase in sales.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Loggers return from fighting fires to find they have no jobsAbout 10 contracts to harvest timber in East Gippsland are voided by the Government — leaving 90 workers who fought the latest summer fires without short-term jobs.
Read more »
Identical twin clowns with cystic fibrosis 'fighting for every breath' after grim prognosisMuch-loved and well-known clowns Peebo and Dagwood are facing their greatest health battle yet with doctors telling them their condition is inoperable.
Read more »
'Children don't feel safe': Fitzroy Crossing takes the lead in grog, gambling battleThe Kimberley town of Fitzroy Crossing is calling the community together to fight alcohol, drugs, violence and gambling.
Read more »
Air tanker accidentally dumps 2,500 litres of fire retardant in CanberraA plane fighting bushfires near the national capital dumps thousands of litres of fire retardant on one of Canberra's busiest roads.
Read more »
Virgin Australia drops Hong Kong services as protests, coronavirus biteVirgin Australia will permanently withdraw all services from Hong Kong next month, with the coronavirus crisis proving to be the final straw for the airline as it decided to end its three-year attempt to crack into the Asian aviation hub | pwhatch
Read more »
Qld govt 'dam plans' demonstrates 'sheer arrogance' | Sky News AustraliaQueensland minister and Member for Burnett Stephen Bennett says any plans by the Palaszczuk government of “decommissioning” the state’s Paradise dam is just “beyond belief”. \n\nQueensland Premier Annastacia Palaszczuk had defended plans to rush through regulations in relation to the dam, saying the move was being considered as a matter of “public safety”. \n\nQueensland’s Paradise dam needs significant repairs due to damage sustained in devastating 2013 flooding, however the premier is considering alternate options to rush plans to address the issue.\n\nWhile Ms Credlin had said locals are “fearing” the Labor government will use this opportunity to take a “preemptive strike to permanently cut the dam's capacity by as much as 40 per cent”.\n\n“The line that they’re giving us is about a safety concern but quite frankly that still hasn’t been proven,” Mr Burnett told Sky News host Peta Credlin. \n\n“I can only guess that it’s about an ideologically driven Greens preference deal,” he said. \n\n“And I would hate to think that was a reality”. \n\nImage: News Corp Australia
Read more »