European Press Roundup: Fincantieri Bids for Romania Contract, U.K. TV Production Gets U.S. Boost

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

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(END) Dow Jones Newswires

September 04, 2018 09:14 ET (13:14 GMT)

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