More than 80 per cent of EU companies eligible for a new carbon border tax will be exempted under reforms planned by Brussels, tax commissioner Wopke Hoekstra has said.

Sales of Tesla’s electric vehicles have fallen sharply across many of its key European markets amid a consumer backlash against Elon Musk’s political activism and meddling in regional politics.

The fate of Ukip shows that flashes of electoral glory may precipitate implosion, however. The verdict is out on whether Reform can prove it really is a new phenomenon and can redraw the political map ...

London’s Grenfell Tower, where a fire killed 72 people in 2017, will be dismantled because of safety concerns about the damaged tower block, deputy prime minister Angela Rayner is set to announce.

A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the US Entity List in 2022, conduct trials and test samples.

Wall Street banks saddled with debt from Elon Musk’s $44bn takeover of Twitter sold large chunks of the loan package to investors on Wednesday, allowing a number of lenders to exit one of the toughest ...

Meg O’Neill flags ‘acute’ threat to country’s position as global energy supplier due to slow project approvals ...

Tariffs should not have a “massive impact” on trade this year as consumer sentiment remains strong, the chief executive of Danish container shipping giant AP Møller-Maersk has said.

Axel Rudakubana’s referral to the UK counterterrorism scheme was closed prematurely, three years before he murdered three ...

French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.

Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.

Rami Malek and Indira Varma star in a London production that uses dance brilliantly but lacks emotional connection ...