­­­­­­­­­­­Bloomberg The UK’s opposition Labour Party wants Britain to stay in the European Union’s single market for an extended period after it leaves the bloc, a shift in its position that could undermine PM Theresa May’s efforts to deliver her vision of Brexit. The proposal, which would mean no additional customs or migration controls in March 2019, would allow more …

Bloomberg Germany’s back and forth over potential bans for diesel cars in cities is sapping demand for the vehicles and causing a backlog of used models on dealer lots that’s swelled to some $5.3 billion. A deal earlier this month between Germany and Volkswagen AG, Daimler AG and BMW AG to upgrade 5 million newer diesel cars and offer trade-in …

Bloomberg Texas farmers are assessing damage caused by Hurricane Harvey after it slammed into the coast, knocking over grain storage tanks and damaging cotton crops. At least 100 cotton storage modules —capable of holding 13 to 15 bales —blew away in the Gregory area, said farmer Jeff McKamey, who owns a cotton gin that suffered minor damage when part of …