Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares Carriers warn they cannot hold off passing on costs for long, while some airlines plan to increase flights via Asia
HelloFresh hit by sales slump as people lose appetite for meal kits German food delivery firm’s share price has plummeted by 93% since 2021 boom during Covid lockdowns
Bentley to cut hundreds of UK jobs amid ‘challenging global market environment’ Carmaker reduces office-based roles and will not fill vacancies ‘to ensure long-term competitiveness of business’
‘Very damaging’: how the Iran war is hitting energy-intensive industries Conflict pushes companies struggling with rising costs in sectors such as steel and chemicals to the edge
EU calls for urgent reboot in talks with UK to stop reset deal failing Time is running out to find agreement on areas such as tuition fees EU citizens would pay in Britain and rules for food safety
European takeover battle hots up with UniCredit’s ‘unfriendly attack’ on Commerzbank Milan-based bank plans to up its near-30% stake in German lender to trigger formal talks despite strong opposition from Berlin
Trump steps up pressure on European allies to help protect strait of Hormuz US president says it is ‘only appropriate’ for Europe to help, and warns failure to do so would be ‘very bad’ for Nato
Global food supplies could be badly hit if Iran war drags on, says fertiliser boss Yara’s Svein Tore Holsether says it would be ‘catastrophic’ if the strait of Hormuz was closed for a year
War prompts Europeans to switch holidays away from eastern Mediterranean Summer holidaymakers opting for ‘more familiar, easy-to-reach locations’ as travel industry counts cost of Middle East conflict
Bailiffs board Ryanair plane after airline refuses to pay delayed flight compensation Austrian officials took action after airline ignored court order to pay €890 to unnamed women
Russia earned €6bn from fossil fuel exports since start of Iran war, data suggests Figures from thinktank show Russia received extra €672m in revenues from oil, gas and coal during March so far
Shell CEO’s pay jumps 60% despite slump in profits at oil company Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025
European drivers face €220 a year jump in fuel costs due to Iran conflict, say experts Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn
Roman Abramovich’s Chelsea FC sale cash may be under investigation as ‘proceeds of crime’ Documents filed at Companies House over 2022 deal could complicate row with UK over how money will be used