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
How are EU and member states reacting to energy crisis triggered by Iran war? Prospect of Trump easing US sanctions on Russian oil is a nightmare for the bloc as nations work out how to respond
VW to cut 50,000 jobs by 2030 amid Trump tariffs and falling Chinese sales Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands
Roman Abramovich ready to fight UK government over proceeds from £2.5bn Chelsea sale Russian oligarch says money is his to allocate despite international sanctions imposed on his assets
Yorkshire Water receives fresh funding despite sewage fines and pay row Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO’s pay
Great Britain has only two days of gas stored, while Iran war threatens to disrupt supplies National Gas insists storage broadly in line with levels for time of year despite disruption for tankers carrying LNG
Trump shouldn’t ease Russia sanctions – they are choking its economy As the US waives its ban on India buying Putin’s oil for 30 days, Europe must bolster its own measures, such as stopping the flow of luxury cars
BP’s new boss will take home at least £11.7m this year, more than double her predecessor Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in April
US grants waiver to allow India to buy Russian oil amid Iran war ‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments
Nissan ‘says Sunderland plant could close’ if UK excluded from Made in Europe rules Reports of carmaker’s warning come as lobby group says EU proposals could damage £70bn cross-channel trade
Paramount-Warner Bros mega-merger could still face ‘real threats’, antitrust experts say The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK
European Commission proposes ‘Buy EU’ plan to compete against China Plan to create and preserve jobs in clean tech and low carbon sectors could include UK if there is reciprocal market access