Europe will never return to Russian gas, European Commission insists Body unveils plans to ban all gas imports from Russia by January 2028 – but faces backlash from Hungary, Slovakia and Austria
UK bank TSB could be sold off by Spanish owner Sabadell Owner says it has received expressions of interest as it battles €11bn hostile approach from local rival BBVA
Israeli stands at Paris airshow shut down ‘by order of French government’ Four booths hidden from view, prompting fury from Israel’s defence ministry and visiting US Republicans
Trump’s ‘revenge tax’ could threaten foreign investment into US, analysts say Concerns raised that section 899 could backfire and also undermine dollar’s safe haven status
Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle East
Credit Suisse was ‘warned’ about Greensill three years before firm collapsed Anonymous messages questioned judgment of senior managers in dealing with Greensill, says Swiss regulator
Competition watchdog to investigate Evri merger with DHL’s UK parcel arm CMA to decide whether deal will substantially lessen competition in delivery market
EU calls for lower price cap on Russian oil in move to tighten sanctions Other measures include greater restrictions on ‘shadow fleet’, banks and Nord Stream investment
Eurostar vows to run direct trains from UK to Germany and Switzerland Cross-Channel rail operator, which is trying to fend off rivals for its London depot space, regards early 2030s as feasible
Trump tariffs could wipe out European steel sector, senior industry figure says ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricing
EU agrees to increase flight delay times before passengers get compensation Travellers on short-haul flights would have to be delayed by four hours or more to get payout under new plan
‘It’s goodbye to French fishermen’: Macron under pressure as crucial UN ocean summit opens As delegates prepare for the global gathering, the president is caught between opposing sides in a row over bottom trawling in France’s marine protected areas
ECB cuts interest rates to 2% in effort to bolster flagging eurozone growth European Central Bank makes eighth quarter-point cut in a year as bloc reels from impact of Trump’s trade wars
Shein accused of ‘shaming’ customers into buying more than they can afford Consumer watchdogs accuse Chinese fashion firm of ‘dark’ practices in formal complaint to European Commission
Ex-minister Greg Hands to advise Royal Mail buyer Daniel Křetínský Former Tory MP will work with Czech billionaire’s EP Group in the UK and Germany