Thierry Garnier to step down from DIY group next year to take helm of one of Europe’s largest supermarket chains
Drugmaker lifts sales and profit forecasts in wake of strong demand for GLP-1 anti-obesity drugs
Spanish bank to run combined business as Santander UK after £2.65bn takeover
Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London
German biotech is shifting towards cancer treatments
Japanese carmaker will also combine its two production lines in UK’s Sunderland plant
Italian group pressing ahead with €35bn bid for Germany’s Commerzbank
World’s largest brewer beats expectations to defy gloom in alcohol sector
Former commodities trader’s £12mn lawsuit alleges German lender breached a ‘duty of care’
LVMH is exploring sales of brands including Marc Jacobs and Fenty in one of the biggest pullbacks in its history
BAE’s Hägglunds is increasing capacity as it gears up for a huge joint order from several of the region’s armies
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
Government considers extending reactor lifespans comes as energy shocks force Europe to reconsider atomic power
VW takes €500mn hit from shelving EV output at US plant while rival Stellantis returns to profit as it pivots back to petrol
Chief executive Arthur Hoeld has cut hundreds of jobs and reshaped sportswear company’s leadership team
Ben & Jerry’s maker beats first-quarter sales forecasts though its price growth was lower than expected
Airline pares growth plans, cuts spending and increases ticket prices in response to Iran war
FTSE 100 energy group says bid ‘fundamentally undervalues’ its business
BNP Paribas, Crédit Agricole and SocGen report higher first-quarter profit but are unable to capitalise on market volatility
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based
Ferretti boss Alberto Galassi criticises Chinese investor Weichai as proxy battle intensifies at luxury yachtmaker
ID.Polo is one of four planned affordable electric vehicles across the VW, Škoda and Cupra brands
Investigation focuses on a 2013 deal with Qatar’s armed forces
Long fight over just how well fortified its balance sheet needs to be is inching in Swiss bank’s direction
Finance arms of German carmakers among three lenders to appeal against regulator’s £9.1bn redress programme
