Pernod Ricard scraps PSG deal that left bitter taste among Marseille fans

Brand partnership for pastis, a traditional Marseille aperitif, with arch-rival decried as ‘stab in the back’

VW slams production into reverse as industry faces battles on all sides

Plan to cut German factories is politically fraught but makes sense economically given Chinese competition, falling demand and CO2 rules

Critics say Labour should ‘have run a mile’ from LetterOne after it acquires 15% of Aberdeen-based Harbour Energy

Carmaker defends plan to close German plants as Volvo ditches target to sell only electric cars by 2030

Review follows UK competition watchdog’s announcement of ‘urgent review’ into Oasis concert tickets fiasco

Martin Winterkorn denies charges of fraud, providing false testimony and misleading markets over the affair

Police find group ‘collecting olives in flagrante’ near Seville, with lucrative fruit a tempting target for criminals

Plans underline European carmakers’ problems in switching from petrol and diesel vehicles to electric models

Battle ahead for Labour as it introduces higher taxes and tougher environmental rules on producers

Engineer’s descendants say French capital landmark ‘not intended as advertising platform’

Germany was once an economic model to emulate but its reliance on industries past their sell-by date is costing it dear

In isolation, Alexander Grothendieck seemed to have lost touch with reality, but some say his metaphysical theories could contain wonders

Reduction of about a fifth of workforce in two subdivisions part of plan to slash up to $3bn in costs by end of 2025

Drop to lowest level since 2021 may lead to cut in September though unemployment figures give cause for concern

‘Ugly’ footwear trend boosts German company’s results but shares fall on bigger-than-expected drop in margins