Elon Musk’s X fined €120m by EU in first clash under new digital laws Ruling could put European Commission on collision course with billionaire, and possibly Donald Trump
EU looks at legally forcing industries to reduce purchases from China Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements
Airbus cuts plane delivery target amid A320 fuselage problem Output reduction to ‘around 790’ planes comes after French firm issued recall over software glitch affecting 6,000 jets
Production of French-German fighter jet threatened by rivalries, chief executive says Relations between French company Dassault and the German unit of Airbus are reportedly ‘very strained’
MPs launch inquiry into Andrew’s lease arrangements at Royal Lodge – as it happened Justice secretary expected to pull back from plans to reserve jury trials from only the most serious cases
‘The Chinese will not pause’: Volvo and Polestar bosses urge EU to stick to 2035 petrol car ban Exclusive: Swedish carmakers push to retain target as Germany lobbies to help its own industry by softening cutoff date
Swiss prosecutors file charges against Credit Suisse and UBS over ‘tuna bonds’ scandal Banks accused of ‘organisational deficiencies’ relating to scam that crashed Mozambique economy nearly a decade ago
Airbus finds problem with fuselage panels after fixing software glitch Shares in French manufacturer tumble as second problem comes to light after weekend of flight disruption
There are those on the left and right who offer only grievance: Labour is getting on with the job of economic renewal Judge last week’s budget in the light of our bold plans to sweep away red tape, tackle inactivity among young people and pursue a closer trading relationship with the EU, says prime minister Keir Starmer
Ryanair closes frequent flyers club after members take advantage of discounts Airline says 55,000 people signed up to Prime, making €4.4m, but passengers benefited by more than €6m
UK energy bill payers will hand £2bn a year to EDF for new power stations French government-owned company to receive funding for Hinkley Point C and Sizewell C
‘The customers are still there’: Welsh mussel farmers hope post-Brexit reset can revive business Shellfish exports to the EU from the Menai Strait have all but collapsed, but fishers are looking to the future
UK politics: No 10 says no final decisions after leak reveals jury trials might be scrapped except for alleged rapists and killers – as it happened Downing Street does not deny that justice secretary, David Lammy, is considering scrapping juries for most trials
Novo Nordisk shares slide after Ozempic pill fails in Alzheimer’s trials Report dashes hopes for new use for blockbuster weight-loss drug
EU and US to restart trade talks as sticking points on July tariff deal remain US officials to hold high-level talks in Brussels amid unhappiness in Washington at slow action on July deal