Britain's Serica Energy said on Tuesday it will buy Prax Upstream, the sole operator of Lancaster oilfield located in the UK's North Sea, for $25.6 million. ...

Lufthansa faces a strike at its core airline after pilots' union VC on Tuesday said its members voted in favour of a walkout in a dispute over pensions. ...

Germany's top appeals court quashed on Tuesday a lower court's decision to back a settlement by Volkswagen over directors' and officers' liability insurance coverage in the so-called dieselgate case. ...

Shell has started production from its Victory gas field in the North Sea, which at peak production can heat almost 900,000 homes per year, it said on Tuesday. ...

Kia America is recalling over 39,500 vehicles in the U.S. as the heating, ventilation, and air conditioning (HVAC) blower motor wiring harness may be inadequate causing fire risks, the U.S. National H... ...

Visa said on Tuesday it will start testing a new way for businesses to fund international payments by allowing them to use stablecoins instead of pre-depositing cash in local accounts. ...

TKMS, the defence division to be spun off by German conglomerate Thyssenkrupp , plans a payout ratio of 30 to 50% of net profit and wants to distribute its first dividend to shareholders in 2027, acco... ...

German retail sales unexpectedly fell in August, the federal statistics office said on Tuesday, led by a decline in online and mail-in orders. ...

British lender Close Brothers reported an annual profit of 144.3 million pounds ($193.88 million) on Tuesday, beating market estimates, as cost-saving measures and selective lending helped offset pressure from the motor finance commission probe. ...

British online fashion retailer ASOS warned on Tuesday that its annual revenue would miss market expectations against the backdrop of weak consumer demand and that profit would come in at the lower en... ...