European Press Roundup: NHS Faces Breast-Cancer Lawsuit, Sabadell to Sell Loans
November 04 2019 - 8:59AM
Dow Jones News
In Europe today, International Consolidated Airlines Group is
buying Spanish airline Air Europa for EUR1 billion and Spanish bank
Santander agreed to acquire a stake in a U.K.-based payments
platform. Read about the above topics on Dow Jones Newswires or
WSJ.com.
In Other Media...
Breast cancer patients in Scotland are getting ready to sue
their local National Health Service after they were treated with
weaker-than-normal doses of chemotherapy. At the moment, between 15
to 20 patients are prepared to take their case to court, but more
are expected to join. Consultants at NHS Tayside, the health board
in question, defended the lower strength dosage, saying that higher
amounts were too toxic. -The Times of London
Spain's Banco de Sabadell is aiming to sell a portfolio of bad
loans worth EUR900 million by the end of the year. Swedish fund
Intrum, U.S. fund Cerberus and Portugal's Servdebt have expressed
interest in the portfolio. The loans have been 100% provisioned, so
the sale would result in gains for the Spanish bank. -Cinco
Dias
Thyssenkrupp's marine systems division is planning to expand its
production. The steel maker will invest EUR250 million in its
submarine production site in Kiel, Germany until 2023 and hire 500
employees. -FAZ
German Transport Minister Andreas Scheuer criticized a planned
salary increase for Deutsche Bahn executives. According to weekly
Bild am Sonntag, the salaries are to be raised by more than a third
in total. -Frankfurter Allgemeine Zeitung
Concerns about high energy costs are growing among German
companies, according to a survey on the raw materials market
conducted by Inverto, a subsidiary of management consultancy Boston
Consulting. -FAZ
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
November 04, 2019 08:44 ET (13:44 GMT)
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