Bloomberg Trade talks between the UK and European Union are set to be extended beyond this weekend’s informal deadline and continue in Brussels next week, according to two people familiar with the matter. Negotiators have been working round the clock in London, with both sides pinpointing the end of this week as the last moment they could strike a deal ...

Bloomberg Italy may need to spend as much as 10 billion euros ($11.8 billion) a month to aid businesses and workers hit by coronavirus restrictions. Authorities are working on plans that would help the country navigate through a surge in infections that’s derailed the rebound from one of Europe’s worst recessions. Lockdown measures similar to the ones imposed earlier this ...

Bloomberg The UK plans sweeping powers to intervene in foreign takeovers of British assets if deemed a threat to national security. A draft law would expand the range of transactions open to government intervention, the Department for Business, Energy and Industrial Strategy said. There will be scope for fines and retroactive interventions in deals that complete after the bill’s publication ...