US vice-president Mike Pence delivering a speech on a visit to Nato troops in Estonia on Monday. He heard warm praise for the US sanctions on Russia during talks with leaders of the three Baltic states. Photograph: Ints Kalnins/Reuters

As Moscow expels hundreds of US diplomats in angry response to new sanctions, Washington’s move is also exposing deep divisions in the European Union (...)

Many in Britain have suggested that the possibility of EU economies taking a serious hit from Brexit will incentivise the bloc to give London generous market access. (Photograph: iStock)

The economic impact of Britain leaving the European Union will be “manageable” for the German and EU economies even though some economic sectors will (...)

In some ways, PSA itself is taking a massive risk here. Opel has lost money every year since 1999, and has drained General Motors’ coffers to the tune of some €8-billion in just the last eight years.

So, with PSA Group, the company that owns and operates the Peugeot, DS and Citroen brands, taking over Opel from its current owners, General Motors, w(...)

Smoking cost the world economy more than €1.3 trillion in 2012

In numbers: Economic drag €1.3 trillion Cost of smoking to the world economy in 2012, according to a new study by the World Health Organisation ((...)