In Europe today, industrial giant Thyssenkrupp widened its losses amid restructuring efforts and a manufacturing slump, while shares in U.K. postal service Royal Mail were set for their worst fall in two years. Read about the above topics on Dow Jones Newswires or WSJ.com.
In Other Media...
Zalando has been criticized for working with a performance-management tool that employees use to rank each other. German union Verdi has complained about working conditions at the fashion company after a study found that the use of the tool increased stress, and questioned staff data privacy. Zalando has rejected the study findings and criticized the study for not being representative. -Frankfurter Allgemeine Zeitung
Jump, the electric-bike share company owned by Uber, signed a partnership with France's Veolia to recycle parts of electric bikes and scooters. -Les Echos
Turkish travel company Anex Tour will take over Bucher Reisen & Oeger Tours, a subsidiary of German travel group Thomas Cook GmbH, which had to file for insolvency after its U.K.-based parent company Thomas Cook Group collapsed earlier this year. Earlier this week, department-store chain Galeria Karstadt Kaufhof said it was going to take on 106 of the group's travel agencies as well as its online platform. -Handelsblatt
A technical issue has led to delays and cancellations for dozens of British Airways flights. According to a Gatwick Airport spokesperson there was a problem with a flight plan system. -BBC
Leonardo Del Vecchio, the founder of Luxottica, has increased through its holding Delfin its stake in EssilorLuxottica by almost 1% to around 32.8%. -Il Sole 24 Ore
Italian broadcaster Mediaset and its shareholder Vivendi are in talks to potentially reach a deal to end a long-running legal battle as a court-imposed deadline approaches. Under a potential settlement, it seems like Mediaset would raise its offer to buy back the shares at above EUR3 each from EUR2.77, but the French media company would still consider the price "unsatisfactory." -Il Messaggero
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