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  • Welcome to FirstFT, here today is Top Stories.

  • A violent earthquake has struck central Italy, killing at least 8 people,

  • and destroying dozens of buildings across the regions of Lazio, Umbria, and Marche.

  • The Epicenter of the quake, which took place around 3:36 a.m. local time,

  • was in the Northeast of the Lazio region.

  • The quake was followed by a series of aftershocks,

  • and was felt across central Italy, as far as Rome.

  • Four of the world's biggest banks have teamed up to develop a new form of digital cash

  • that they believe will become an industry standard to clear and settle financial trades over block chain,

  • the technology underpinning Bitcoin.

  • The move is one of the most concrete examples of banks cooperating on a block chain technology,

  • to improve the efficiency of financial market plumbing.

  • And WPP, the world's biggest advertising company,

  • said a sharp fall in Sterling following Britain's vote to leave the EU,

  • may have helped a post-Brexit recovery at the group.

  • In July, like-for-like revenue was up 4.6% year on year.

  • And that sells for 1.9% higher.

Welcome to FirstFT, here today is Top Stories.

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