1,100 jobs at risk as auto group says government mandate played a ‘significant role’
Steelmaker blames lack of progress from EU policymakers to support transition to lower-carbon alternatives
Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects
Bank of England proposes relaxation of restrictions dating from financial crisis
Trader bypassed internal systems in bid to hide losses, says FCA
Revenue leapt to $525mn in first half of 2024 before chief Pavel Durov was detained over alleged criminality on platform
Two months ago UniCredit swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM
Plymouth’s Princess Yachts offers British maritime heritage and handmade luxury for a few million
Tight market for oil rigs might restrain supply even if producers pull back from projects
Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group
The two films took in solid global ticket sales over weekend after fallow period for big studios
President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplier
Private club’s licence suspended by Westminster City Council following request by police
When two weaklings team up, it creates all sorts of potential problems
Plans to move trading halls to a new, modern facility in Dagenham were shelved earlier this month
Moscow’s move adds to growing list of expulsions amid escalating tensions over Ukraine war
Canadian financial services group working with Fenchurch Advisory on a strategic review of the venture
Red-pilling national economic accounting methodology to avoid backing down
State-backed insurance programmes would fund drugs for obese patients without separate health conditions
Former members of judiciary question whether their role would be a proper safeguard
Some investors worry we’re in bubble territory, but others think a new paradigm has arrived
The race to boost the domestic supply chain comes amid a revival in interest in nuclear energy due to surging power demand
National Audit Office criticises ‘material and pervasive’ gaps in public sector audits
Also in today’s newsletter, Citi slashes promotions and Telegram’s finances propped up by crypto
Stockholm steps up probe after two cables were cut in Baltic Sea
Policymakers need to update their approach if they are determined to use trade measures to protect industry
A carve-up would require a new relationship between the production arm and the remaining broadcaster
Not literally, but effectively
Sale by Vista Outdoor comes after battle that sparked fierce Republican opposition
Paris-based group considers moving co-founder to growing Bay Area office as it hires scientists, engineers and sales specialists
Carmaker looks for steady shareholder as longtime partner Renault sells down its holding
World’s largest real estate investor wants to capitalise on post-pandemic travel boom
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous rounds
Resilience of wide-ranging sector comes as momentum slows in other industries