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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

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  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • US reporter urges supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal

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