Odour of oil and return of Trump hang heavy over Cop29 in Baku Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance
Wall Street and bitcoin soar to record highs as Trump wins US election Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third
Post-Brexit border scheme to simplify trade put on pause again Single Trade Window designed to reduce friction on imports and exports will be halted until at least 2026 amid cost fears
German carmakers’ shares slump on fear Trump will impose steep tariffs Move would create yet another challenge for European carmakers already struggling with falling sales and profits
Imported Christmas trees cost more thanks to post-Brexit checks Nearly all are deemed ‘high-risk’ and so will need customs declarations and phytosanitary certificates
The Guardian view on Brexit and the Tory leadership: a cycle of radicalisation Editorial: The party has gone too far down the path of Eurosceptic delusion to have a rational debate about its legacy
Stellantis reports slump in car sales as European demand falls Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehicles
Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden Plans are further blow to Europe’s hopes of creating a homegrown electric car battery
EU launches action against shopping website Temu over illegal products Formal investigation opens amid concerns Chinese shopping website is breaching Digital Services Act
‘Ray of hope’: German economy grows 0.2% ending recession fears Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending
Sweden and Norway rethink cashless society plans over Russia security fears Rise in hybrid warfare and cyber-attacks blamed on pro-Russia groups prompt Nordic neighbours to backpedal
Volkswagen hit by 60% fall in profits as sales in China slump Drop comes as carmaker faces battle with unions over plan to shut three factories in Germany
Post-Brexit border checks putting food security at risk, produce sellers warn Importers also facing rising costs, delays and damage to orders, letter from representatives tells government
Volkswagen to shut three factories, axe jobs and cut pay by 10%, says union German carmaker warns of stagnation in the European sector amid news of deeper-than-expected action
Ministers urged to cut ties with P&O Ferries owner over links to Russia The government is facing calls to cease trading with DP World because of its partnership with Putin’s northern sea route