European Press Roundup: Sanofi Cuts Less Jobs Than Planned, Qiagen's Co-Founder Hopes to Avoid Takeover
November 22 2019 - 08:10AM
Dow Jones News
In Europe today, European Central Bank President Christine
Lagarde called for more government spending, while Germany's
economy grew in the third quarter and matched estimates. Read about
the above topics on Dow Jones Newswires or WSJ.com.
In Other Media...
Pharma giant Sanofi will cut less jobs than planned at its
Frankfurt site due to the U.S. Food & Drug Administration's
higher demands for quality control and hygiene in insulin
production. -Frankfurter Allgemeine Zeitung
Qiagen co-founder Detlev Riesner hopes that the biotech company
will be able to resist a takeover. "I hope that Qiagen will remain
independent," he said in an interview. A week ago, the company
announced that it had received several non-binding expressions of
interest. -Rheinische Post
In the first week of the general-election campaign, the U.K.'s
Conservatives have benefited from a big funding boost, with
donations worth 26 times the amount received by the Labour party.
According to official figures, the Conservative party received more
than GBP5.67 million in large donations, which consist of amounts
greater than GBP7,500, compared with GBP218,500 donated to Labour.
-The Guardian
Ahead of today's meeting with Italian Prime Minister Giuseppe
Conte, ArcelorMittal's CEO Lakshmi Mittal and his son Aditya seem
to be more positive about discussions over the future of the
troubled Ilva steel plant. Mr. Mittal and his son "hope there will
be good progress in finding a solution to the very hard situation
in which Ilva finds itself," reports Il Messaggero, citing sources
familiar with the matter. -Il Messaggero
Uber has integrated regular taxis in its platform, so that users
can book their ride with an Uber vehicle or a taxi. This service
will only be available in the community of Madrid. -El Pais
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(END) Dow Jones Newswires
November 22, 2019 07:55 ET (12:55 GMT)
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