Porsche IPO could raise up to €75bn for parent Volkswagen

Flotation on Frankfurt stock market would be one of the largest European public offerings to date

Kwarteng follows dirty work at Treasury with bonus cap farce

After sacking the his top official, the new chancellor’s next act was politically crass and insensitive. It does not bode well

Saodat Narzieva was added to the list in April, after Russia’s invasion of Ukraine

Three refineries put into trusteeship ahead of partial European embargo on Russian oil later this year

LVMH announced measures after Emmanuel Macron urged France to reduce power consumption

A shutdown would have a far-reaching impact across all sectors, from nappies to medicine

Terms under discussion include increasing state’s holding to 50% as pressure on supplies continues

Assurance comes after reports that crucial support scheme may not be in operation until November

Cap on outsize revenues will bring solidarity from businesses towards struggling customers, says official

Europe’s competition commission has imposed €8.25bn in antitrust fines on the company

EU countries’ efforts to avoid big shortages likely to ‘successfully solve’ Russian cuts, says bank

Draft regulation includes windfall tax on ‘surplus’ profits from oil and gas companies

Brexit chief extends olive branch in effort to bring UK back to negotiating table in long-running dispute

Industry bosses in Germany say high costs are having an impact on vehicle production and sales

Shareholders also called on to block eight senior bosses of airline from re-election