Austrian bank has faced pressure to quit, but exit has been complicated by court process
Some insiders unloaded stock before Trump’s ‘liberation day’ announcement but many more were restricted from doing so
Maker of gas turbines had expected to break even but decarbonisation and AI data centres powered revenues
Maker of Birkin bags reports slower growth than expected as sector braces itself for impact of trade war
Also in this newsletter: CEO of cloud computing company says clients increasingly opt for European software
Moscow hopes transfer of seized business back to Italian owner will show companies a path back into Russian market
EU should ditch its planned ban on internal combustion engines, Manfred Weber of EPP says
Swiss lender’s market capitalisation has been hit harder by US tariffs than Spanish rival
FN Herstal’s small arms are back in demand. But the Belgian gunmaker can only move as fast as its artisanal labour
The Sabadell CEO on why bigger is not always better
US group makes first major acquisition across the Atlantic as it continues competition against industry giant Uber
Shares in industry’s leading equipment supplier fall as it warns of ‘dynamic’ environment
Clash comes as car companies hold crunch talks with Trump to head off 25% import tariffs
The EU is trading market access for expertise in key technologies, just as Beijing once did
French group maintains pledge to expand oil, gas and green businesses while BP and Shell rein in electricity ambitions
The maker of Birkin bags is now the world’s most valuable luxury company, as investors bet on continued struggles at LVMH
European Banking Authority says variable pay for some staff has risen to more than €1mn
French agency’s chief says clients are on a ‘wait and see’ attitude
Slowing demand in the US and ongoing struggles in China will raise concerns for an industry grappling with Trump’s tariffs
Plus, private equity group CVC scouts out private credit group and Intel sells off a stake in its chips unit
FCC chair Brendan Carr urges ‘western allies’ to pick Elon Musk’s Starlink satellite internet company
Brussels says invoking force majeure clause would allow contract termination without penalties
Danish brewer ‘insulated’ from direct impacts of levies but warns they will hit fragile consumer sentiment
Airlines and manufacturers prepare for stand-off over cost of levies
Acquisition will expand group’s motor and home insurance business
