dpa-AFX overview: COMPANIES from November 19, 2021 – 3.15 p.m.

Man with business newspaper (symbolic image).

Google (Alphabet A share) concludes contracts with publishers under ancillary copyright law

BERLIN – Google has concluded the first contracts with German publishers based on the new ancillary copyright law in Germany. According to the Internet company, the contract partners include the news magazine “Der Spiegel”, the weekly newspaper “Die Zeit” and the Golem portal. These media houses confirmed the information provided by Google.

ROUNDUP / Lagarde: No premature tightening of monetary policy due to inflation

FRANKFURT – Europe’s monetary watchdogs will not allow themselves to be urged by the sharp rise in inflation rates to exit the policy of cheap money more quickly. On the contrary: ECB President Christine Lagarde confirmed on Friday that the European Central Bank (ECB) would continue to support the economy even after the acute pandemic had ended. This also includes an “appropriate calibration” of the central bank’s bond purchases. “We will announce our intentions in this regard in December,” said Lagarde. The Governing Council will hold its next regular monetary policy meeting on December 16.

Unilever sells tea business to financial investor CVC

TÜBINGEN – The biotech company Curevac significantly increased the loss in the third quarter with a strong increase in sales. The company announced on Thursday evening in Tübingen that the revenue increased by 463 percent to 29.3 million euros compared to the same period last year. The increase in sales in the first nine months is still 44 percent. The increase is mainly due to higher sales from the cooperation with the British pharmaceutical company GlaxoSmithKline it was said to justify it.

Ryanair plans to stop listing in London in December

LONDON / DUBLIN – The Irish low-cost airline Ryanair withdraws from the London Stock Exchange. A corresponding application had been made to the British financial regulator FCA, the company announced on Friday in London. The last trading day should therefore be December 17th. The listing on Euronext Dublin will remain. Ryanair had already informed about relevant considerations when the quarterly figures were published at the beginning of November. In the course of the Brexit, the traded volume of shares decreased significantly, it was said, among other things, to justify.

Fraport sells parts of its aviation security subsidiary

FRANKFURT – The Frankfurt airport operator Fraport (Fraport share) AG surrenders shares in its subsidiary FraSec Luftsicherheit GmbH to a private competitor. The Dr. At the turn of the year, Sasse AG from Munich will initially take over 26 percent of the company that has so far carried out passenger controls at Germany’s largest airport and in Stuttgart. At the turn of the year 2022/2023, another 25 percent should follow, so that Sasse will become the majority owner, as both sides announced on Friday.

US investor Singer increases stake in Hella to more than 10 percent

LIPPSTADT – The activist US investor Paul E. Singer has his shares in the automotive supplier Hella increased. As of November 10th, he raised his stake in several steps to a total of 10.75 percent, according to the voting rights announcements published by Hella on Friday. The participation is fed by shares and financial instruments. Most recently, Singer had reported a share of 6.57 percent. The Hella share was listed in the late morning slightly in the red at a good 62 euros.

Additional Reports

-Steel production in Germany continues to grow

-GDV: Diesel scandal processes cost legal protection insurers 1.2 billion euros

-Baywa boss Lutz wants faster approval drives for wind turbines

-US authorities warn against aircraft fire due to conflict in Ethiopia

-Gas and electricity prices are rising – affecting millions of consumers

-ROUNDUP: Despite delivery bottlenecks: Black Friday attracts bargain hunters

-IG Metall calls for protests at Bosch locations

-ROUNDUP / Association: Lockdowns have spoiled the British appetite for beer °

Customer note:

ROUNDUP: You are reading a summary in the company overview. There are several reports on this topic on the dpa-AFX news service.

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