
A spokesman for the European Commission said calmness not drama was needed during the critical end phase of negotiating a withdrawal agreement between the European Union and the United Kingdom.

The Scottish Secretary David Mundell started a four-day trade mission to South America, where he will be meeting politicians and business leaders in Uruguay and Chile. Mr. Mundell will be promoting trade links on the visit undertaken on behalf of the UK Government’s Board of Trade, and will be looking into how UK can support new post-EU trade opportunities in South America, promoting Scotland as a great exporter and the UK being open for business.

The European Court will be asked if the UK can unilaterally revoke its Article 50 request to leave the European Union, following a “bombshell” ruling from Scotland’s highest court. In what campaigners described as a “case that could decide the fate of the nation”, the Court of Session in Edinburgh announced it would refer the question on to the Court of Justice of the EU (CJEU).

European Council President Donald Tusk has said a compromise with the UK over Brexit is still possible, after Theresa May warned she was prepared to walk away from talks. In a statement, Mr. Tusk said he was a true admirer of the PM.

Brexit will have a bigger economic impact on the UK than the European Union, the former head of the European Central Bank has told BBC Radio 5 Live. Jean-Claude Trichet added the break-up was “totally contrary to the new world” of large emerging economies, with single currencies and single markets.

Theresa May's proposed new economic partnership with the EU will not work, the head of the European Council has said. Speaking at the end for an EU summit in Salzburg where leaders of the 27 remaining member states discussed Brexit, Donald Tusk said the plans risked undermining the EU's single market.

The Spanish Government hopes to reach agreement on Gibraltar’s post-Brexit relations with Spain and the EU by October against the backdrop of the UK’s wider withdrawal negotiations, Spanish Prime Minister Pedro Sanchez said on Thursday.

The United States has supplanted Brazil as the European Union's top supplier of soybeans since a deal in July with President Donald Trump to avert a trade war, according to EU data seen by Reuters on Thursday.

Prime Minister Theresa May appealed directly to fellow European Union leaders on Wednesday to drop “unacceptable” Brexit demands that she said could rip Britain apart, urging the bloc to respond in kind to her “serious and workable” plan.

Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland's Finance ministry said the payment was a significant milestone, although Dublin insists Apple was not given any special tax treatment. In 2016 the Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid.