Chinese carmaker Chery Auto ‘actively considering’ building UK factory As company faces increased UK and EU tariffs, it says move would be part of ‘localisation’ strategy
‘We are waking from a long sleep’: France’s ex-PM Gabriel Attal on revitalising relations with the UK The leader of Macron’s party wants to tackle teenage screen addiction, ban headscarves for girls under 15 and bring France closer to Britain. On a visit to London, he discusses Ukraine, immigration – and his presidential intentions
Paris airshow in subdued mood after deadly Air India crash Industry professionals gather at civil and military aircraft event further overshadowed by war between Israel and Iran
EU accuses China’s AliExpress of ‘systemic failure’ over illegal goods Regulators say online retailer not doing enough to prevent sale of counterfeit clothes and unsafe children’s toys
Europe will never return to Russian gas, European Commission insists Body unveils plans to ban all gas imports from Russia by January 2028 – but faces backlash from Hungary, Slovakia and Austria
UK bank TSB could be sold off by Spanish owner Sabadell Owner says it has received expressions of interest as it battles €11bn hostile approach from local rival BBVA
Israeli stands at Paris airshow shut down ‘by order of French government’ Four booths hidden from view, prompting fury from Israel’s defence ministry and visiting US Republicans
Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say Concerns raised that section 899 could backfire and also undermine dollar’s safe haven status
Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle East
Credit Suisse was ‘warned’ about Greensill three years before firm collapsed Anonymous messages questioned judgment of senior managers in dealing with Greensill, says Swiss regulator
Competition watchdog to investigate Evri merger with DHL’s UK parcel arm CMA to decide whether deal will substantially lessen competition in delivery market
EU calls for lower price cap on Russian oil in move to tighten sanctions Other measures include greater restrictions on ‘shadow fleet’, banks and Nord Stream investment
Eurostar vows to run direct trains from UK to Germany and Switzerland Cross-Channel rail operator, which is trying to fend off rivals for its London depot space, regards early 2030s as feasible
Trump tariffs could wipe out European steel sector, senior industry figure says ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricing
EU agrees to increase flight delay times before passengers get compensation Travellers on short-haul flights would have to be delayed by four hours or more to get payout under new plan