European Press Roundup: Spanish Competition Regulator Opens Disciplinary Proceedings Against Telefonica

Date : 07/23/2019 @ 11:41AM
Source : Dow Jones News
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European Press Roundup: Spanish Competition Regulator Opens Disciplinary Proceedings Against Telefonica

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In Europe today, banking giant UBS posted its highest second-quarter net profit in almost a decade, while German automotive supplier Continental cut its earnings and sales guidance for the year. Read about the above topics on Dow Jones Newswires or


In Other Media...


Spain's competition regulator, the CNMC, has opened disciplinary proceedings against Telefonica for failing to provide it with information regarding the pricing of its broadband internet plans. -Cinco Dias


A Madrid judge has ruled that over 500 riders working for food-delivery company Deliveroo in the Spanish capital should be considered salaried workers, not self-employed, as the company claims they are. -La Vanguardia


J Sainsbury has become the first British supermarket to offer hot takeaway food via food-delivery app Deliveroo as part of a trial. Earlier this month, Walmart's Asda partnered with food-ordering platform Just Eat to deliver pizzas from its counters. -The Times of London


Iphone maker Apple will send cars equipped with cameras through German streets to improve the company's map data. Around 80 cars will drive around German cities from next week until mid-September. -SZ


EDF will temporarily shut down two of its nuclear reactors at the nuclear power plant in Golfech in the south of France, because of intense heat in the region. -Les Echos


The president of the employers' association in the German metal and electrical industry is threatening the sector's trade union IG Metall. Rainer Dulger said he could imagine an end of the collective agreement that has regulated the working conditions of 1.9 million employees for decades. -SZ


The company behind The Irish Times made an operating profit of EUR2.61 million in 2018, up 5.2% on the previous year. The news publisher's group turnover increased 21% to EUR94.4 million, up from EUR77.9 million, its latest accounts show. -The Irish Times


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(END) Dow Jones Newswires

July 23, 2019 07:26 ET (11:26 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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