Heathrow substation fire ‘caused by fault first identified seven years ago’ Ofgem opens investigation into National Grid as report finds incident that cut airport power was preventable
EU targets 90% cut in emissions by 2040 as green groups cry foul Anger as long-awaited announcement of cuts against 1990 pollution levels allows for foreign carbon credits
EU may as well be ‘province of China’ due to reliance on imports, says industrialist Stefan Scherer, boss of AMG Lithium, says Europe must become more self-sufficient in critical raw materials and new technologies
He was the EU’s great Brexit survivor. Can Maroš Šefčovič now pull off a trade deal with Trump? EU’s longest-serving commissioner faces arguably his sternest test with the clock ticking before 9 July deadline
‘He left us with nothing’: the British investors swindled by a German property firm Investors in the Dolphin/GPG ponzi scheme run by Charles Smethurst are angry that more is not being done to recover the €1bn owed to them
EU retaliation against Trump drug tariffs would be bad idea, says industry European pharmaceutical body says it would be ‘negative for both sides’ if Brussels hits back on threatened US levies
Sky sells German pay-TV business to RTL for €150m Parent company Comcast had been trying to offload lossmaking Sky Deutschland for a number of years
EU ready for trade deal with US but ‘all options on the table’, says von der Leyen European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs
Clothing prices rising in US as Trump tariffs kick in, H&M boss says Daniel Ervér cites ‘fast-moving situation’ as US administration has changed rules on several occasions
Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours Statement to stock market follows media reports of early talks with BP to create a £200bn UK oil company
Eurostar services restored after severe delays due to huge cable theft in France Engineers repair high-speed line after day of chaos for passengers, caused by 600m of cable being stolen or cut
Chinese carmaker Chery Auto ‘actively considering’ building UK factory As company faces increased UK and EU tariffs, it says move would be part of ‘localisation’ strategy
‘We are waking from a long sleep’: France’s ex-PM Gabriel Attal on revitalising relations with the UK The leader of Macron’s party wants to tackle teenage screen addiction, ban headscarves for girls under 15 and bring France closer to Britain. On a visit to London, he discusses Ukraine, immigration – and his presidential intentions
Paris airshow in subdued mood after deadly Air India crash Industry professionals gather at civil and military aircraft event further overshadowed by war between Israel and Iran
EU accuses China’s AliExpress of ‘systemic failure’ over illegal goods Regulators say online retailer not doing enough to prevent sale of counterfeit clothes and unsafe children’s toys