New German military service targets 40,000 teenagers a year

Russian threat prompts Berlin to boost numbers of army reservists and professional soldiers
LVMH sales fall in warning for luxury sector

Sales at the high-end group’s key fashion and leather goods division dropped by 9% in the second quarter
JD.com in talks to buy German electronics retailer Ceconomy for €2.2bn

MediaMarkt owner in ‘advanced negotiations’ with Chinese ecommerce group
BCG will not publish internal probe into Gaza modelling work

Consulting firm tells UK parliament that report will be kept under wraps despite pressure to explain involvement
Tesla shares fall as Trump says he wants Musk to ‘thrive’

Slide comes after carmaker says second-quarter profits dropped by more than a fifth
Zelenskyy signals retreat from power grab after mass protests

Ukrainian president says he is taking advice from Keir Starmer on independence of corruption watchdogs