In Europe today, markets opened lower as tensions around trade talks between the U.S. and Canada came into focus. Bayer shares dropped after the company reported second-quarter earnings. Read about the above topics on Dow Jones Newswires or WSJ.com.
In Other Media...
French lottery company Francaise des Jeux is expected to be the first state-owned company to be sold next year, says Minister of Economy Bruno Le Maire. Other privatizations will follow as the government looks to sell several of its assets once a new law authorizing these privatizations is passed. -La Tribune
Italy's Deputy Prime Minister Matteo Salvini says that the parts of the governing coalition's economic program that concern tax cuts and increased spending will be introduced gradually. The government will respect EU fiscal rules, he says. "We won't do everything at once, and Italians don't expect that from us," he says. "If we want to govern for a long period, we can't blow up the public accounts," he adds. -Il Sole 24 Ore
U.K. Prime Minister Theresa May greenlights a major review of Britain's rail-franchising system following the collapse of the East Coast franchise in May. The consultation will focus on continued private-sector solutions, while the opposition Labour party proposes nationalizing the entire rail system. -FT
The regional government of Andalucia will today ask Madrid to seek an agreement with Morocco, in order to return minors who have illegally arrived in Spain. Andalucia, located in the southern part of Spain, is currently in charge of 2,500 unaccompanied minors who are immigrants. -El Pais
Irish Taoiseach Leo Varadkar is "considering the future of the government," according to his spokesman. The news comes after Fianna Fail leader Micheal Martin again turned down his request for talks on an extension of the confidence-and-supply agreement between Mr. Varadkar's governing party, Fine Gael, and Fianna Fail. -The Irish Times
Banco de Sabadell managing director, Jaime Guardiola, says that EUR50 billion of the public funds that were poured into the ailing Spanish banking sector during the financial crisis won't be paid back. Mr. Guardiola appeared in Congress to speak to a commission investigating the financial crisis and bank bailouts. -Cinco Dias
A cable of the U.S. embassy in Skopje, Macedonia, made public by Wikileaks reveals that the Eastern European country had been willing to accept the name "Republic of Northern Macedonia" since 2008. Macedonians go to the polls Sept. 30 to vote on a deal struck with Greece, whereby the country will change its official name to North Macedonia, ending a decades-long political standoff and clearing the country, sometimes abbreviated to FYROM, to apply for EU and NATO membership. -Kathimerini
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