European Press Roundup: Italian State-Backed Lender May Double TIM Stake, Ryanair Expects More Flight Delays This Summer
2019年2月15日 - 10:27PM
Dow Jones News
In Europe today, stocks are moved into the green by telecom and
trade-sensitive industrial stocks, and the Spanish Prime Minister
calls snap elections after losing a budget vote. The top business
story: Shares in Scout24 soar after the company says that it
supports a takeover offer from BidCo. Read about the above topics
on Dow Jones Newswires or WSJ.com.
In Other Media...
Italy's state-controlled lender Cassa Depositi e Prestiti, or
CDP, may raise its stake in Telecom Italia to 10% from the current
4.9%. -La Repubblica
Ryanair expects flight delays to increase this summer due to
traffic-control strikes and staff shortages. Last year saw record
disruptions for the industry with a 53% rise in delays and 5,000
flights canceled in Europe, according to data from business group
A4E, or Airline for Europe. -The Guardian
French oil major Total plans to move its trading operations to
Geneva from London in September, affecting 200 jobs or 10% of its
U.K. staff. The company says the move isn't related to Brexit,
although it comes as a number of multinationals relocate operations
out of the U.K. ahead of the country's exit from the EU. -Sky
News
Osram is set to appoint Dieter May, BMW's senior vice president
for digital products and services, as the head of its chip-making
subsidiary OS Semiconductors. The company has been searching for
someone to take on this "difficult position" for nearly a year
following the departure of OS' ex-CEO Aldo Kamper for auto supplier
Leoni. -Handelsblatt
The U.K. Gambling Commission is considering forcing gambling
companies to fund so-called self-exclusion tools, including
software that allows customers to block betting websites. This is
part of the regulator's efforts to tighten gambling rules to better
protect vulnerable customers. -The Guardian
Ulster Bank swung to a 15 million euro ($16.9 million) profit in
2018 in the Republic of Ireland, with the previous year's
performance having been hit by large provisions for the
tracker-mortgage scandal and problem loans that were being prepared
for sale. -The Irish Times
Uber says its Uber Eats delivery platform will pull out of the
Austrian market as of March 8. Uber says the online food-delivery
service didn't take off as strongly or quickly in Vienna compared
with other European cities, citing especially tough competition in
the city against rivals Lieferservice and Foodora. -Der
Standard
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(END) Dow Jones Newswires
February 15, 2019 08:12 ET (13:12 GMT)
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Telecom Italia (NYSE:TI)
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