France warns US buyer of Sanofi division of penalties for shifting production abroad Private equity firm CD&R revealed to be in exclusive talks to buy 50% stake in consumer healthcare arm Opella
‘It’s desperation’: Ireland’s restaurant industry facing crisis with daily closures Rise in VAT, inflation and people working from home has led small business owners to demand government support
ECB cuts interest rates to support flagging eurozone economy Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown
Why is Germany shooting its own stagnating economy in the foot? A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon
Taiwan to have satellite internet service as protection in case of Chinese attack Coverage with UK-European provider will be in place by end of month, says island’s main telecoms company
Vauxhall owner to make decision on future of UK plants ‘in next few weeks’ Stellantis chief says company is nearing decision on Ellesmere Port and Luton amid row over EV quotas
Russia’s shadow fleet of oil tankers grows despite western sanctions Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report
The EU needs Britain as much as Britain needs it. Where is Starmer’s solidarity? Economic problems and the far right threaten the whole of Europe. Labour’s isolationist approach must change
Monster pickup trucks accelerate into Europe as sales rise despite safety fears A Dodge Ram 1500 is bigger than a Panzer I tank and campaigners say heavy trucks are ‘lethal’ in collisions
Talks on UK rejoining EU could start in 10 years’ time, says Peter Mandelson Labour peer says in meantime it is essential to try to reduce damage of Brexit deal struck by Boris Johnson
Portugal proposes decade of tax breaks for young people to stem brain drain Measure government says will help up to 400,000 people included in budget after negotiations with opposition Socialists
Unilever sells Russian business after pressure from campaigners Dove maker’s deal with local manufacturer Arnest Group includes four factories
New HSBC boss ‘ready to cut jobs of senior bankers to save $300m’ Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units
New UK laws to stop repeat of P&O mass sackings scandal go before parliament Labour clamps down on poor working conditions at sea with laws on collective dismissal and minimum wage on cross-Channel ferries
Plan to fingerprint passengers on entry to EU to be delayed again France, Germany and the Netherlands have raised concerns over entry-exit system, originally due to launch in 2023