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Germany on cusp of recession
“Recession is knocking on the door. That can no longer be ruled out,” said Ifo surveys head Klaus Wohlrabe
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China’s C919 jet nears certification
That would mark a milestone in China’s ambitions to climb up the manufacturing supply chain
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Telecom firms merge operations in $19b deal
Tie-up creates heavyweight, posing challenge to top player in Spain
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VW CEO ousted after tumultuous tenure
New chief executive will take over from September 1
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China giving priority to job, price stability
Sets economic growth target of 5.5% for 2022
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Oil stable as EU tweaks sanctions
European bloc allows Russian oil shipments to third countries
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Nokia sees chip shortage easing
The strong performance sent its shares up as much as 7%
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Oil slips on lacklustre US gasoline demand
Gasoline inventories rose 3.5m barrels last week, exceeding forecasts
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Europe races to cut Russian gas use
Sets out plans for countries to reduce consumption by 15% until March
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Oil steady as market balances fears
Economic slowdown worries offset tight supplies, weaker dollar