Volkswagen ‘nearing US trade deal’ as it says Trump tariffs have cost it billions

Carmaker’s CEO says Porsche is being squeezed by ‘sandwich’ of tariffs and weak Chinese market

Shrinkflation bites as boxes of Quality Street and Celebrations lose weight

Toblerone and Chocolate Orange also smaller this year after poor cocoa harvests in Africa raise cost of raw materials

‘People are so angry’: how wealth tax became a battleground in Norway’s election

Issue creates clear dividing line between left and right, as populists target voters with vow to scrap levy

Scotland bans arms companies that supply IDF from receiving financial aid

Devolved government says contractors seeking support must prove products will not be used by Israeli military

Shell scraps construction of biofuels plant in Rotterdam

Oil firm, which paused project in 2024, will not restart work because facility deemed ‘insufficiently competitive’

France has a massive debt crisis. So why is it spending billions a year subsidising business?

The government is on the brink of collapse over planned austerity. Instead it must face up to the costs of its unnecessarily rigid labour market, says Guardian Europe columnist Alexander Hurst

Nestlé sacks CEO over ‘undisclosed romantic relationship’

Swiss multinational finds Laurent Freixe breached code of conduct as it names Philipp Navratil as his replacement

Trump’s war on Fed is ‘serious danger’ to world economy, says ECB head

Christine Lagarde issues warning about risks of undermining central bank’s independence

Proposals for commercial planes to operate with one pilot shelved after critical EU report

Regulator Easa concludes there is not enough evidence it is as safe as flying with two pilots as currently required

Safety and space at risk as SUVs reach 30% of car market in English cities, researchers warn

Campaigners call for Paris-style parking charges amid fears big vehicles are taking up excessive public space

Tesla sales in Europe slump 40% as BYD new car registrations more than triple

Electric car business run by Elon Musk continues to lose ground to Chinese rival despite recent revamp of Model Y

France on the brink: how a budget deficit became a political crisis

With the government facing defeat in a confidence vote, the nation’s economic problems will still need to tackled

Lego builds record sales of £4bn as parents steer children away from smartphones

Danish toymaker’s first-half profits also rise, and sales almost double at UK-based Yoto, creator of screen-free speakers for children

Trump threatens tariffs on countries that ‘discriminate’ against US tech

Levies and restrictions could hit UK’s digital services tax and EU states such as France, Italy and Spain

London-Berlin: competition hots up for cross-Channel rail links

Firms vie with Eurostar to provide direct services from Britain to mainland Europe as they spy growth in market