Rolls-Royce boss ‘open’ to Germany joining UK’s fighter jet project

Tufan Erginbilgiç says decision is for the government but German participation remains a possibility

AI-resistant ‘halo’ stocks drive UK and EU markets to record highs

Investors shifting to ‘heavy-asset, low-obsolescence’ companies insulated from disruption, says Goldman Sachs

BA owner’s profits rise by 20% despite drop in passenger numbers last year

IAG reports record operating profits on margins of more than 15% at British Airways and sister airline Iberia

Rolls-Royce boss pushes for UK taxpayer support for new jet engine

Firm, which has announced record profits and £9bn share buyback, has £3bn project for smaller commercial planes

WPP to sell assets and cut jobs in radical shake-up to counter AI threat

Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028

Ocado to cut 1,000 jobs in £150m cost-saving drive

Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses affecting UK

British public want deeper economic ties with EU, business secretary says

Peter Kyle signs cooperation deal on competition and says it is not a case of being nostalgic for pre-Brexit past

Diageo slashes dividend and vows to address Guinness shortage in London

Drinks maker reduces sales and profit forecast for second time in four months amid weak demand in US and China

HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade

Bank reports better-than-expected annual results and CEO signals overhaul of lender is almost over

Ineos said to be in talks to sell parts of business to tackle rising debt

Talks reportedly focused on assets of owner Jim Ratcliffe’s vinyls business Inovyn as group scrambles to cut costs

Aston Martin to cut 20% of workforce in effort to save £40m

Details emerge after struggling carmaker reports pre-tax losses of £363.9m for 2025

Wednesday briefing: Is the tide turning against Trump on tariffs?

In today’s newsletter: With the latest supreme court ruling exposing the president’s tariff plans as unlawful, US politicians and the American people have found them to be unworkable. Where does Trump go from here?

Trump threatens ‘obnoxious’ tariffs as UK and EU seek clarity on trade deals

US president suggests trade war could escalate as administration says it will stop collecting levies ruled illegal by supreme court

Stock markets stumble as global trade faces more Trump tariff uncertainty

US president’s international trade war spooks investors, with drops in US share prices after European losses

Wegovy and Ozempic owner dealt blow as next-gen weight-loss drug is labelled ‘obsolete’

Novo Nordisk’s shares fall sharply after testing of CagriSema falls short of investors’ expectations