EU fines Temu for failing to stop sale of illegal and dangerous products European Commission finds shoppers on Chinese website very likely to find unsafe items and imposes €200m penalty
Why is Ferrari facing such a backlash to its first electric car? The Italian marque has broken with the past with its four-door, €550,000 Luce and traditionalists are furious
Flying Tiger snapped up by Modella Capital amid fears for its future UK private equity investor with reputation for hard-nosed restructuring says it is backing existing management
Fired BP chair disputes oil company’s claims of poor conduct Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’
Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills down
How the plastic bottle cap became a parable for the value of EU regulation Supporters of deregulation want Europe to be more like the US. But that would serve only American interests, says Alberto Alemanno, a professor of EU law
Oil prices fall below $100 a barrel on hopes of Iran peace deal Brent crude futures down 6% to lowest level in two weeks and stock markets rise
Estée Lauder ends merger talks with Gaultier owner Puig Key sticking point to building beauty powerhouse was level compensation demanded by Charlotte Tilbury
Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts Bill Winters faced backlash over remarks about some of near 8,000 staff set to lose roles to AI
Starmer says he will campaign for Burnham in Makerfield byelection – as it happened Prime minister tells reporters he would campaign personally in the contest
EasyJet summer holiday bookings down on last year amid Iran war uncertainty Airline, which took £25m hit on jet fuel in March, says passengers are waiting later to book trips
‘Give every item a long life’: Vinted boss on how the site is moving beyond fashion Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even books
EU agrees to implement US trade deal struck last summer MEPs had twice frozen ratification process in protest at Trump’s threats to increase tariffs and take control of Greenland
Germany urged to stop admiring Beijing and wake up to ‘China Shock 2.0’ ‘China has already eaten much of German industry’s lunch and is preparing to start on dinner,’ thinktank says
Son of Mango fashion chain founder arrested in Spain over father’s death Jonathan Andic released on €1m bail after being questioned in connection with death of Isak Andic in 2024