Behind Moscow’s bluster, sanctions are making Russia suffer

High oil and gas revenues notwithstanding, Putin’s ability to fight is being eaten away as the months go by

Dairy co-op Arla to pay farmers more for milk if climate targets met

‘Sustainability incentive’ aims to cut emissions on farms of its 8,900 European members. including in UK

PM is attending European Political Community meeting amid hope over thawing in Northern Ireland standoff

Ailing Swiss bank’s share price has collapsed after being hit by series of crises

Europe’s largest oil and gas firm says margins in refining business have nearly halved, hitting third-quarter profits

Fendi and her sisters took luxury brand to new creative heights by bringing in Karl Lagerfeld in 1960s

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

Iconic ticket on one-way trip to transport history as city opts for payment by travelcards and mobiles

President’s economic adviser says country must speed up reform of industries after Russia’s invasion

Investors rush to buy credit default swaps as worries grow over solidity of bank’s balance sheet

Loss-making venture led by Amit Gudka eyes continent as countries move towards using renewable power

Experts suggest maintenance robots may have planted bombs, as concern grows over methane buildup

Levy could raise €140bn, and energy ministers also set targets to cut electricity use

Anti-fraud office opens inquiry into allegations against Neelie Kroes after alleged breach of ethics rules