European Press Roundup: Fincantieri Bids for Romania Contract, U.K. TV Production Gets U.S. Boost
September 04 2018 - 9:29AM
Dow Jones News
In Europe today, WPP PLC shares fell after the advertising giant
posted second-quarter results, while the European Union said it is
willing to start talks with the U.S. on beef imports. Read about
the above topics on Dow Jones Newswires or WSJ.com.
In Other Media...
Italian shipbuilder Fincantieri is set to submit its final offer
for a EUR1.6 billion contract with the Romanian navy in the next
weeks. -Il Sole 24 Ore
Netflix and Amazon spent a combined GBP150 million on
British-made TV shows in 2017, helping the U.K. production sector
reach record annual revenue of GBP2.7 billion. Overseas
broadcasters accounted for GBP549 million of the sector's revenue.
-The Guardian
Shortly after Volkswagen's emissions cheating became public in
2015, supplier Bosch gave German investigators plenty of evidence
incriminating itself and VW, which explains why it--unlike VW--has
been spared by raids from prosecutors to date. -Sueddeutsche
Zeitung
German supermarket chain Kaufland has temporarily stopped
selling about 480 Unilever products in its stores, citing abrupt
and drastic price increases. -Sueddeutsche Zeitung
Spanish supermarket chain Mercadona plans to invest EUR100
million to open its first 10 stores in Portugal in 2019. -Jornal de
Negocios
Dutch Minister of Finance Wopke Hoekstra says ING will have some
explaining to do after the bank made a EUR775 million settlement
with the country's Public Prosecution Service in an anti-money
laundering investigation. -De Telegraaf
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
September 04, 2018 09:14 ET (13:14 GMT)
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