Equinor considers suing Trump administration over halted US windfarm Norway’s state energy company’s $2.5bn project off coast of New York was almost a third finished
Aston Martin limits exports to US because of Trump tariffs Fellow carmakers Stellantis and Mercedes withdraw financial guidance for year over impact of trade war
The grass is not always greener on US stock markets Narrative that US listings outperform European ones has been popular for years, but analysis shows a different story
Trump reveals plans to ease tariff impact on US carmakers US president will curb some duties on foreign parts in domestically manufactured cars, administration says
Spain and Portugal power outage: what caused it, and was there a cyber-attack? Several countries in Europe have been scrambling to restore electricity after a huge power cut caused blackouts
Adidas warns Trump tariffs will put up US shoe prices Company had strong first quarter but says it cannot raise outlook for this year owing to tariffs uncertainty
Drugmaker AstraZeneca shifts more production to US amid Trump tariffs UK and rest of Europe risk losing out to US and China unless they ramp up spending on new medicines, says CEO Pascal Soriot
Tens of millions across Spain and Portugal hit by huge power outage Transport, ATMs and telecommunications all affected as operator blames extreme temperature variations
EU microchip strategy ‘deeply disconnected from reality’, say official auditors Plan to supply 20% of the world’s chips by 2030 described as ‘essentially aspirational’
Producer of Peaky Blinders and Big Brother ‘drafts bid’ for ITV French entertainment business Banijay Group looks at possible takeover of broadcaster or just its profitable studio arm
Reeves holds ‘positive and upbeat’ trade talks with Bessent Chancellor discusses ‘prosperity deal’ with Treasury secretary Scott Bessent but US calls for reduced tariffs on car imports to UK
Ukraine, Gaza and Iran: can Witkoff secure any wins for Trump? To solve three conflicts simultaneously would be a daunting task for anyone, but it is especially so for a man entirely new to diplomacy
EU fines Apple and Meta for breaching fair competition rules First penalties under landmark Digital Markets Act are fines of €500m to Apple and €200m to Facebook owner
Sanctioned Russian and Belarusian wood smuggled into UK, study suggests ‘Chemical fingerprint’ shows 46% of wood samples certified as sustainable did not come from labelled country of origin
Spain unveils €11bn plan to reach long-delayed Nato defence spending target Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence