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EUROPE EU faces crisis as Hungary and Poland veto seven-year budget Countries reject package over attempts to link funding to respect for rule of law.

SPAIN Spanish unemployment rises to 16.3% amid pandemic Spain says 355,000 more people have been left unemployed in the third quarter.

CHINA China economic growth: Country where coronavirus began leads global recovery China’s economy saw growth of 4.9% between July and September as retail spending returned to pre-virus levels for the first time.

SPAIN Labor market sets positive records in September, but employment still far from pre-pandemic levels A total of 84,013 workers signed up with the Social Security system last month, while registered unemployment fell by 26,329 people. Around 700,000 employees remain on the government’s furlough scheme.

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Stephan Winkelmann is the new president and CEO of Automobili Lamborghini

INNOVATION Poggipolini and Gellify present Sens-In, a highly technological start-up that invests in smart screws POGGIPOLINI and GELLIFY present Sens-IN, a highly technological start-up that invests in smart screws, giving a new tone of voice to artificial intelligence in the fastening sector. The new fastening components are equipped with patented sensors characterised by a very high technology and connectivity that make them always connected. These will be employed also in new crucial sectors, such as infrastructures (bridges) and healthcare (medical prostheses), other than in the historical markets of Poggipolini (aeronautics, automotive and industrial). A technological solution, therefore, which will have a strong positive impact on the whole community.

INTERNATIONALIZATION The doors open to Marzocchi Symbridge, the Marzocchi Pompe company dedicated to the Chinese market L'azienda bolognese punto di riferimento nella progettazione, produzione e commercializzazione di pompe e motori ad ingranaggi ad elevate prestazioni, comunica di aver costituito la società di diritto cinese “Marzocchi Symbridge Hydraulic (Shangai) Co. Ltd”, in joint-venture con un partner locale, con l’obiettivo di aumentare la penetrazione commerciale in Cina, con particolare riferimento ai prodotti del proprio core business.

OPERATION Voilàp holding expands its digital division and acquires Pladway The full-stack programmatic DOOH Pladway platform has become part of the Voilàp group's technology in the out-of-home sector. Thanks to this operation, Voilàp has consolidated its role as a partner and enabler of digital transformation for the Italian and international out-of-home advertising market.

INNOVAZIONE Launch of two new HPE COXA labs I due progetti, sull’e-mobility e sulle applicazioni dell’intelligenza artificiale, sono in collaborazione con le università di Bologna e di Modena e Reggio Emilia.

INNOVATION Ducati announces the production of the world's first motorcycle equipped with front and rear radar technology The production of the Multistrada V4, the first motorcycle to use front and rear radar technology, has now begun at the Ducati factory in Borgo Panigale. The Multistrada V4 marks a major breakthrough for the Bolognese motorcycle manufacturer and will be officially presented on 4th November.