UK oil and gas giant BP is cutting 4,700 jobs, or 5% of its workforce, in order to “save costs and revive a share price that has lagged behind rivals over the past year” ...

Porsche appears to be reconsidering axing combustion engines from its Macan mid-sized SUV line-up, amid a slump in demand for electric vehicles and falling global sales.

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen ...