France's TotalEnergies has struck a partnership deal with Czech billionaire Daniel Kretinsky's firm EPH. It will create a 50-50 joint venture that will manage power plants across several western European countries with a total capacity of 14 gigawatts. In an all-stock deal, EPH will receive €5.1 billion worth of new Total shares and become its third-largest shareholder.

Plus, France and Ukraine strike a deal for Kyiv to buy up to 100 Rafale fighter jets. We take a look at how much such a purchase could cost.