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BP: Looney resignation should not slow oil producer’s transition
The oil major needs another long-serving boss to ensure it stays on track
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BlackRock and Amundi warn of rising US recession risk
Investment chiefs point to cooling labour market and favour Treasuries
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EU to launch anti-subsidy probe into Chinese electric vehicles
Investigation could lead to tariffs on country’s manufacturers
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European stocks fall as rising oil prices stoke inflation worries
Wall Street futures edge lower ahead of closely watched US inflation data
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The EV car crash is a warning for Europe’s industrial transition
China is so far ahead in the electric vehicles market that its competitors are trailing
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North Korea’s Kim pledges support for Russia’s ‘sacred fight’ in Ukraine
Leaders expected to discuss possible weapons deal as both countries face isolation and sanctions
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UK economy contracts as wet weather and strikes hit activity
Output drops 0.5% between June and July
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Rishi Sunak pressed on with China reset despite knowing about alleged spy
Prime minister was told about parliamentary researcher’s arrest shortly after incident in March
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