Petrol prices expected to rise as oil cost climbs above $90 a barrel Motorists could be hardest hit after Russia and Saudi Arabia extend cuts to supplies
TikTok opens datacentre in Dublin in bid to combat European privacy concerns The Chinese-owned app also announced a UK-based cybersecurity company will independently audit data controls and protections
Wegovy maker Novo Nordisk becomes Europe’s most valuable firm Launch of weight-loss drug in UK helps Danish firm to market value of $428bn
China’s share of Europe’s electric car market accelerates as UK leads sales Chinese-owned MG’s MG4 is Britain’s bestselling EV after Tesla’s Model Y in first seven months of year
Five ways kleptocrats can keep hold of their UK assets Politicians’ promises to rid Britain of ‘dirty money’ in the aftermath of Russia’s invasion of Ukraine haven’t come to fruition
Owners of 100,000 properties held by foreign shell companies unknown despite new UK laws Legal loopholes are used to obscured the ownership of two-thirds of English and Welsh properties held by foreign shell companies
British arms maker BAE Systems sets up in Ukraine Manufacturer of much of the western equipment used against Russian invasion says it aims to produce artillery
Buy now, pay later firm Klarna reports first month of profit in three years Fintech company still made second-quarter operating loss of £62m as calls grow for sector to be regulated
Ørsted shares fall 25% after it reveals troubles in US business Almost £7bn wiped off value of world’s largest offshore wind company over possible £1.8bn write-down
EU imports of Russian liquified gas leap by 40% since Ukraine invasion Pipeline flows from Russia have fallen to historic lows, but shipments of LNG from all over the world have surged
Gatwick passenger numbers soar as strikes hit flight punctuality Demand for travel results in 41% rise but air traffic control industrial action across Europe affects timings
UK air traffic chaos: easyJet lays on flights for stranded customers Failure blamed on ‘dodgy’ flight plan by unnamed carrier could cost airlines £100m
UK post-Brexit checks on fresh food from EU delayed for fifth time Government move means new controls will not begin until end of January next year
Heineken exits Russia with €1 sale of operations Dutch multinational brewer takes €300m loss from transfer of assets to Russia’s Arnest Group
How the EU Digital Services Act affects Facebook, Google and others Threat of big fines and EU-wide ban hoped to curb manipulative practices and harmful content