Britain is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds to make sure the country is ready to leave the European Union with or without a divorce deal at the end of October. Reuters
Italy’s gross domestic product was flat in the second quarter of 2019 with respect to both the previous three months and the equivalent period last year, according to calendar and seasonally adjusted data released by ISTAT on Wednesday. ANSA
The London Stock Exchange Group has agreed to buy data provider Refinitiv for $27bn, cementing a deal that will turn it into a global markets and information powerhouse to rival Michael Bloomberg’s financial data empire. Financial Times
The Trump administration took a step Wednesday toward allowing importation of medicines from Canada, an action the president has advocated as a way to bring cheaper prescription drugs to Americans, but the pharmaceutical industry was quick to resist the move. Reuters
Italy’s unemployment rate dropped for the fourth consecutive month in June, falling by 0.1 of a percentage point with respect to May to 9.7%, ISTAT said on Wednesday. ANSA
Royal Dutch Shell reported a 26 per cent slide in second-quarter earnings, which came well below expectations, after a volatile period that saw lower energy prices coincide with weaker performance in its refining and chemicals businesses. Financial Times
