Bloomberg The UK risks facing a deluge of residency applications as European Union citizens dash to formalize their right to stay in the wake of the Brexit vote. The warning comes from the University of Oxford’s Migration Observatory, which said in a report that registering more than 3 million European nationals already living in the U.K. would present a ...

  Brussels / AFP Eurozone economic activity managed a small gain in July despite Britain’s shock vote in June to quit the European Union, a closely watched survey showed on Wednesday. Data monitoring company IHS Markit said revised figures for its Composite Purchasing Managers Index (PMI) for July came in at 53.2 points, up from 53.1 points in June. The ...

  Bloomberg German logistics group Deutsche Post said on Wednesday it had achieved its strongest-ever second-quarter operating result, boosted in large part by online shopping. “Our Post, eCommerce and Parcel division in particular contributed to the positive trend” that saw Deutsche Post increase its net profit to 541 million euros ($606 million), a 66-percent leap over the same period in ...