Julia Kollewe

LIVE – Updated at 14:11 US stock futures point to lower Wall Street open; British grocery inflation slows to 3%, says Worldpanel, while heatwave boosts sales of suncare and syrups for water amid #WaterTok trend.

US stock futures point to lower Wall Street open; British grocery inflation slows to 3%, says Worldpanel, while heatwave boosts sales of suncare and syrups for water amid #WaterTok trend

Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation

Fears of long-lasting energy crunch ‘slinking away’ as vessel traffic doubled in 24 hours to highest level since late February

EasyJet has opened talks with Castlelake, despite rejecting a fourth takeover offer worth £4.9bn from the US investment firm, with the airline saying it would open its books in the hope of receiving a higher bid.

Rome's airports will have to suspend the EU's new digital border system for non-EU citizens to avoid a "disaster" during the peak tourism summer months, according to the head of the airports company.

Ryanair chief executive claims CMA has forced it to adopt ‘less transparent and less consumer-friendly’ approach

Ryanair has changed its family seating policy, after Britain's competition watchdog launched an investigation into the airline's charges for parents to sit with their children.

Ryanair has changed its family seating policy, after Britain's competition watchdog launched an investigation into the airline's charges for parents to sit with their children.

Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz.