France and Germany abandon joint project to build European fighter jet Paris and Berlin conclude firms involved unable to agree on way forward in blow to Europe’s common defence push
Car industry pressing EU for further delay to Brexit EV tariffs Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targets
Aviation industry looks skywards as leaders fly in for Rio summit Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortages
More than a quarter of UK musicians lost all EU work since 2021, report finds Average tour earnings down 45%, with nearly three-fifths of musicians saying touring in Europe is no longer viable
William Hill owner agrees £243m takeover by Greek casino and lottery firm Evoke had been in talks for two months with Bally’s Intralot, which has extensive international operations
Disney racks up $4.2bn deficit on Paris parks Exclusive: Analysis shows resort has yet to recoup Disney’s investment despite record revenue and 16m annual visitors
UK to challenge EU over ‘devastating’ plans to almost halve tariff-free steel import quotas Business secretary to meet European counterpart on Friday as EU industry leaders worry about retaliatory measures by UK
A good life for the 99% isn’t a pipe dream: it can be done. Here’s how Our plan is radical – but by transforming how we live on a finite planet, nearly everyone gains, says Thomas Piketty and researchers from the World Inequality Lab
Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’ Proposal for 10-12.5% levies, to also include EU, Taiwan and Australia, would allow US president to skirt court-imposed limits
Orbán’s oligarchs on edge as Hungary poised to launch wealth tax New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity
EasyJet is an obvious takeover target, but US approach may not be a flyer Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works
‘Catastrophic for creative industries’: Brexit barriers shut UK actors out of EU jobs Casting shifts to EU talent as paperwork delays and visa limits make hiring British crews less viable
Why $1bn in Balkans energy contracts are going to an obscure company connected to Donald Trump Guardian investigation shows how US presidency blurs line between policy and enrichment of American ruling family and those around it
‘How can you have a Ferrari without any vroom?’: electric model shocks owners’ club Suggestion the Luce EV should be stripped of prancing horse logo shows strength of feeling from Ferrari fans
What can the Dutch teach the UK about how to tackle the youth jobs crisis? The Netherlands has the lowest rate of young people not in education, employment or training in the EU