15bn

France is home to the world’s richest person, the wealthiest woman and now the biggest dairy fortune. Over the course of three generations, the secretive Besnier family has grown what began as an artisanal cheesemaking operation in…

Vitol, the world’s largest independent commodity trader, has emerged as one of the biggest winners of the energy crisis, reporting record profits far in excess of its rivals.The privately owned group, whose top executives are largely…

Hungary says it is increasingly confident that pledges to wean itself off Russian fossil fuels and tackle corruption will enable it to strike a deal with Brussels aimed at unlocking billions of euros in recovery funding.Judit Varga,…

It is an unlikely setting for a legal fight over a British colonial holdover. But at lunchtime last Monday, a bailiff walked into a serviced office building in the Avenue John F Kennedy in central Luxembourg to serve an asset seizure notice…

Hungary’s government has made a number of concessions to the European Commission in a protracted stand-off over rule of law and transparency failings, as it seeks to unlock about €15bn worth of pandemic recovery funds amid a crisis…

The £15bn takeover of Britain’s largest electricity distributor by a consortium led by KKR and Australia’s Macquarie has collapsed after rising inflation prompted a last-minute price rise by its Hong Kong owner.Billionaire tycoon Li…

The head of RWE has warned that Germany’s biggest utility will reconsider £15bn of investment it plans to make in the UK’s renewable energy sector if the country imposes a windfall tax on electricity generators.RWE is one of the UK’s…

Boris Johnson wants to reverse Rishi Sunak’s planned multibillion-pound tax raid on business as he tries to firm up support on the Tory right in the aftermath of last week’s confidence vote. Allies of the prime minister said that…

Rishi Sunak has announced a £15bn package to help UK households facing a further hike in energy bills this autumn, while completing a major U-turn with a £5bn windfall tax on oil and gas companies to help pay for it.The chancellor…

Roman Abramovich has denied that he demanded personal repayment of around £1.5bn of debt owed by Chelsea, as American investors close in on buying the west London football club from the sanctioned Russian.In a statement posted to…