ATL Atlantia

In Europe today, stocks rose again on sustained optimism on U.S.-China trade, and Airbus shares climbed 5% after the plane maker said it would ditch its superjumbo A380 airplane in 2021. Read about the above topics on Dow Jones Newswires or WSJ.com.

In Other Media...

Wm. Morrison Supermarkets faces a new equal-pay claim from store staff. The central claim of the case is that the--predominantly female--shop floor staff are paid less than the--overwhelmingly male--distribution centre workers. RoscoeReid, the law firm bringing the claim, says it has brought 161 claims so far with another 120 expected to be presented this week. The firm says thousands of current and former Morrison employees have shown interest, with an average claim value of GBP15,000. -FT

Barclays estimates it has spent up to GBP200 million moving roles and assets out of the U.K. in preparation for Brexit, director Gerry Grimstone says at a conference in Dublin. The British lender last month received court approval for a plan to transfer GBP190 billion of assets to its Dublin office. -The Times of London

Large banks in the Netherlands face extra costs for customer control after they put an additional thousand workers on money laundering prevention. Dutch bank ING was slapped with a record fine last year for failing to spot money laundering, and Rabobank earlier this week was also fined for taking insufficient money laundering prevention measures. -Financieele Dagblad

Spain's Ferrovial wants to be among the bidders when the privatization of France's Aeroports de Paris (ADP) is finally launched. The French government expects to fetch between EUR8 billion and EUR10 billion from a 70-year concession of ADP. Ferrovial will compete with France's Vinci and Italy's Atlantia to win the concession. -Cinco Dias

Italy will experiment with a type of fiscal devolution, letting the wealthy regions of Veneto, Lombardy and Emilia Romagna administer part of their own tax income. The League party has campaigned for a federal tax system for decades. The move seems set to spell trouble for the governing coalition of the League and Five Star parties--the latter has vowed to oppose cuts to infrastructure in poorer regions in the South. -Sole 24 Ore

Almost all local governments in England plan to raise taxes from April onward, and most warned they will still reduce a range of services even as they increase taxes. Eight years of austerity have cost English local governments 40% of their central funding, according to the Local Government Information Unit thin ktank. -Guardian

France's unemployment rate decreased by 0.3 points to 8.8% in the fourth quarter of 2018, reaching its lowest level since 2009, according to official data from the International Labour Organization. -Les Echos

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(END) Dow Jones Newswires

February 14, 2019 07:37 ET (12:37 GMT)

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