Superdry, a UK based clothing company, have made founder Julian Dunkerton the permanent chief executive after issuing three profit warnings this year. Dunkerton, the company's majority shareholder, was voted in as interim chief in April.

Dunkerton has promised to instigate a turnaround plan for the company that suffered a £85 million loss between January and April. 

Total, a major energy company in France, will buy 37 percent stake in India's Adani Gas, making it the third foreign company to invest in India's gas sector. 

The nearly $600 million purchase was an attempt to profit from India's push to use cleaner, natural gas. "The natural gas market in India will have strong growth and is an attractive outlet for the world's second-largest LNG player that Total has become," said Patrick Pouyanné, Total's Chairman and CEO.

British antique traders will challenge a ban on the selling of ivory in the UK's High Court later this week. The action is in response to the 2018 Ivory act that banned the selling of ivory in the country, including ivory made before March 1947. 

The ban was passed to combat elephant poaching as it is hard to tell the difference between ivory that was created before the 1940s and a similar product made today. Traders argue that this ban will make it harder for them to compete with the rest of the EU as there is no similar restriction in the European market. 

German exports to the UK dropped by 4.6 percent this year, following a gradual decline of exports to the UK since the 2016 Brexit referendum. 

The fall, which happened in the first seven months of 2019, made Germany the UK's seventh largest trading partner. In 2015, it was listed as the UK's fifth largest partner. 

This decline was largest in the car and auto-parts industry. 

Nine out of ten German companies think that the EU should be doing more to help them compete in the global market, according to a survey conducted by the Foundation for Family Businesses in Germany and Europe. 

"The EU as an economic centre must be strengthened," says Rainer Kirchdörfer, Executive Board member at the Foundation for Family Businesses. "In recent years this focus has been lost due to the impact of refugee and monetary crises. But the world continues to move forward and other economies are overtaking us."

Of the companies surveyed, 60 percent of the companies also stated that the EU should take a firmer stance against climate change.