£3.5m backing for Smurfit Kappa

Non-exec shows faith in cardboard manufacturer

Ford considers UK job cuts after Brexit

Country produces 1.6m autos annually, mostly for export

Airbus seeks to reassure on its UK arm

Brexit vote highlights risk group could move British operations

Tata Steel UK assets in doubt after vote

Leave vote could dent hopes of steelmaker keeping operations

Iran names local partners for energy majors

Tehran steps closer to opening up oil and gasfields to investors

Investor groups propose VW legal action

Push to have independent expert investigate emissions scandal

Spiralling costs stall London housing projects

Developers say schemes have become unviable and seek to renegotiate

Musk’s $1tn goal seems out of this world

Tesla boss wants to create a trillion-dollar company with SolarCity deal, but Wall St not convinced

DS SMITH PACKAGING

DS Smith wraps up 6% sales growth

Paper and packaging group says European acquisitions paid off

Korean shipbuilding

S Korean shipbuilders engulfed in crisis

World’s largest yards reel from fierce Chinese competition, weak global trade and low oil prices

World’s biggest pension fund sues Toshiba

GPIF launches action over losses linked to conglomerate’s $1.3bn accounting scandal

Tesco: killing Phil’s darlings

Dave Lewis quick to sell his predecessors’ vanity acquisitions

VW shareholders vent anger at chairman

Several investors at annual meeting demand shake-up of supervisory board after emissions scandal

Industrial robot sales hit record

Double-digit global rise led by China

Tesla-SolarCity: storm ahead

Planned deal looks like a bailout between two Elon Musk groups

Musk uses Tesla to buy SolarCity

Electric carmaker shares fall 13% on bid for related solar power company

FedEx manages to defy sluggish economy

Parcel service beats expectations but faces pension writedown

Call for probe of entire VW board

Focus on timing of carmaker’s emissions cheating disclosure

MHI reviews its cruise ship future

Rare order led to cost overruns and write-off

Leonardo set to go on acquisition trail

CEO wants to secure control of regional aircraft maker ATR

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