Italy may not support EU-Mercosur free trade deal without changes
Italy has signaled it might not support a major trade deal between the EU and South American countries.
Business
What action is Trump taking against Venezuela’s oil industry?
The US president wants a blockade of oil tankers under sanctions to stop them entering and leaving VenezuelaAnalysis: Maduro says the real reason for Trump’s fixation is oil – is he right?Donald Trump has intensified pressure on Venezuela’s president, …
Falling sales at Stella McCartney fuel fears over fashion label’s future
Directors blame ‘challenging market conditions’ as losses widen from £25m in 2024 to £33m Sales at Stella McCartney’s fashion label sank by more than a quarter last year tipping it further into the red and adding to fears it could run out of money by 2…
Warner Bros board rejects takeover bid from Paramount, favours deal with Netflix
Warner Bros Discovery’s board has urged shareholders to reject a $108.4 billion hostile takeover bid from Paramount Skydance, saying it failed to provide adequate financing assurances. The board argued that the terms of a rival merger deal with Netfli…
EU leaders prepare to take unprecedented steps to help Ukraine at a high-stakes summit
European Union leaders are about to attempt something unprecedented.
Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid
Decision will pave the way for Netflix to proceed with buyout of film and TV groupWarner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with …
UK to bring forward review of EV sales targets from 2027 to next year
Ministers hint at further relaxation of zero emission mandate but say will not follow EU over 2035 petrol cars banThe UK is to bring forward its review of electric vehicle sales targets from 2027 to next year, as the government said it would listen to …
Oil prices rise as Trump orders blockade of sanctioned tankers in and out of Venezuela
Crude benchmarks were rising on Wednesday after US President Donald Trump said the US would put a stop to any traffic of sanctioned oil tankers in and out of Venezuela. The country’s oil revenue is a lifeline for the Maduro government, which now mainl…
Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lin…