Maersk to cut 10,000 jobs as shipping demand drops

Danish company has axed 6,500 of those roles already, with global economic slowdown taking toll

Sea-lice outbreak on Icelandic salmon farm a ‘welfare disaster’, footage shows

Drone images of cages shot by activist reveal open sores affecting ‘up to 1m fish’. Fish producers are now culling them for animal feed

Sales soar at Danish firm behind weight-loss drug semaglutide

Novo Nordisk says it struggling to keep up with demand after becoming Europe’s most valuable company

BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

French police detain Russian tycoon over alleged financial and sanctions violations

Alfa Bank founder Alexey Kuzmichev was sanctioned by EU for ‘well-established ties’ to Vladimir Putin

Eurozone economy shrinks by 0.1%, putting it at brink of recession

Ireland posts biggest decline, while Germany contracts by 0.1% and France grows by 0.1%

Russia has tightened capital controls to help prop up rouble, report says

Western companies that sell their Russian assets restricted from taking proceeds in dollars and euros

France is Europe’s biggest supporter of ‘carbon bomb’ projects, data shows

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact

‘It’s just a matter of time’: why AI could help Europe create its own Apple or Google

Silicon Valley overshadows its transatlantic rivals. But as artificial intelligence grows – and with a global summit on it this week – some think it could offer a Euro startup the chance to become a new Google

Taxation is not a ‘burden’. It’s Brexit that weighs Britain down

Taxes spent wisely improve lives and attract investors – and in fact leaving the EU has made cutting them harder than ever

Is crisis at Siemens Energy symptom of a wider wind power problem?

Rising construction and financing costs are likely to require fresh policies from the UK and US

Russia raises interest rate to 15% after steep climb in inflation

Two-point rate rise surprises analysts as central bank blames 6.6% inflation on consumer demand

Strong demand drives profits record at British Airways owner IAG

Group says it will use third-quarter earnings of £1.52bn to invest in the business and reduce its debt

Brexit ‘shaved £850m off beauty industry’s exports to EU’

Customs delays and increased cost of cross-border trade have affected sales, report suggests

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens