European Press Roundup: Munich Re's Ergo Eyes Amazon's Alexa to Reach Customers, and Italian Lender CDP Weighs Open Fiber Sta...
2019年6月11日 - 10:28PM
Dow Jones News
In Europe today, markets are up slightly as investors greeted a
fresh round of stimulus measures from China, and Ryanair announces
plans to buy Malta Air. The top business story: The EU blocks
ThyssenKrupp's planned steel merger with India's Tata Steel. Read
about the above topics on Dow Jones Newswires or WSJ.com.
In Other Media...
The Munich Re-owned insurance group Ergo wants to offer
customers more opportunities to purchase insurance via
voice-activated assistants such as Amazon's Alexa. Ergo began
offering customers travel-sickness insurance via Alexa last year
and plans to branch out into selling other types of insurance this
way, Ergo Germany CEO Achim Kassow says. -Der Tagesspiegel
Italian state lender Cassa Depositi e Prestiti, or CDP, may sell
its 50% stake in Open Fiber to Telecom Italia in exchange for
Telecom's shares. Telecom Italia's board is slated to meet on
August 1 to discuss Open Fiber. -Il Sole 24 Ore
Huawei says it plans to continue cooperating with Deutsche
Telekom, Vodafone Germany and Telefonica Deutschland as they build
up their LTE and 5G mobile networks despite the U.S.'s boycott
threats. "We expect to work closely with these three companies as
they set up their future 5G networks," Huawei executive David Wang
says. -Rheinische Post
Dutch cities have shown little enthusiasm for the Dutch
government's so-called weed experiment, in which all coffee
shops--where marijuana products can be bought--in these cities
would be supplied by legal and controlled weed growers for four
years. The Netherlands' five biggest cities haven't signed up for
the initiative, with the mayor of Amsterdam saying it's impossible
to supply all of the city's 175 coffee shops with weed meeting
these conditions. -De Volkskrant
The president of the Association of German Banks Hans-Walter
Peters says he thinks further consolidation in the European banking
sector is inevitable given the tough competition from the U.S.
"European banking champions are definitely something positive,"
Peters says, noting that European banks are now overlooked in some
transactions because their U.S. competitors are so dominant.
-Handelsblatt
French video game developer and producer Ubisoft has followed in
the footsteps of Google and Microsoft and unveiled its new gaming
subscription service, called UPLAY +, which will cost subscribers
EUR14.99 per month. -Les Echos
Austria's Addiko Bank, the Eastern European subsidiary of the
former Hypo Alpe Adria Bank, wants to list itself on Vienna's stock
market with an offering of 50% of shares plus one additional share.
-Der Standard
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(END) Dow Jones Newswires
June 11, 2019 09:13 ET (13:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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