Starmer vows new sanctions on Russia and nuclear energy support for Ukraine

G7 told ‘we will stand with Ukraine for as long as it takes’, with Russia’s finance networks and shadow fleet targeted

EU trade deficit with China reaches record €1bn a day, data shows

Import and export figures come as European leaders prepare to meet this week to address growing imbalance

Shipments deliberately mislabelled to bolster settler economy, says non-profit Global Echo

US president left last meeting early, but world leaders aim to end Ukraine war and push for resolution in Gaza and Iran

Forecasters were wrong about an immediate recession but right that we would be worse off outside the EU

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

Budget airline describes inquiry as ‘bogus’ as watchdog says it is only large carrier flying from UK to impose charge

Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chief

Paris and Berlin conclude firms involved unable to agree on way forward in blow to Europe’s common defence push

Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targets

Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortages

Average tour earnings down 45%, with nearly three-fifths of musicians saying touring in Europe is no longer viable

Evoke had been in talks for two months with Bally’s Intralot, which has extensive international operations

Exclusive: Analysis shows resort has yet to recoup Disney’s investment despite record revenue and 16m annual visitors

Business secretary to meet European counterpart on Friday as EU industry leaders worry about retaliatory measures by UK