In Europe today, the European Union agreed to extend Brexit deadline until Jan. 31, while LVMH confirmed that it is in talks with Tiffany & Co over a potential transaction. Read about the above topics on Dow Jones Newswires or WSJ.com.

In Other Media...

French economic minister Bruno Le Maire asked EDF to present an action plan within one month to tackle several issues with the French nuclear industry -Les Echos

Former chairman of the Social Democrats Sigmar Gabriel has been tapped to become the president of German automotive industry lobby group VDA. He is the desired candidate of the car companies and the suppliers. -Sueddeutsche Zeitung

French businessman Vincent Bollore cut his stake in Italian bank Mediobanca to 6.73% from 7.85%. After this move, Italian businessman Leonardo Del Vecchio becomes the second-largest shareholder of the bank. -Les Echos

Bankia CEO Jose Sevilla said during third-quarter reporting that the bank won't pass negative interest rates onto private individuals. The Spanish bank's nine-month profit fell 22% on the year. -Cinco Dias

A draft of Italy's budget allocates a EUR400 million loan to Alitalia to keep the business operational for another six months. -Corriere della Sera

The head of England's National Health Service has asked that the Society of Homeopaths have its accreditation revoked. The professional body is accredited by the Professional Standards Authority for Health and Social Care and represents almost 1,000 practitioners. Simon Stevens, the chief executive of NHS England, has accused homeopaths of spreading disinformation about vaccines. -The Times of London

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(END) Dow Jones Newswires

October 28, 2019 08:38 ET (12:38 GMT)