Glencore has promoted its top gas and power trader Maxim Kolupaev to lead the firm's entire oil and gas trading division when current head Alex Sanna steps down at the end of 2025, according to a Glencore memo to staff seen by Reuters. ...

Spotify said on Tuesday its founder-CEO Daniel Ek will shift to executive chairman role from January 1, while Gustav Soderstrom and Alex Norstrom will become co-CEOs. ...

Wolfspeed shares surged more than 25% before the bell on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load. ...

Britain's power transmission owners SP Transmission and National Grid Electricity Transmission have selected Italy's Prysmian as the preferred bidder for a proposed link between England and Scotland, ... ...

Stellantis will temporarily halt production at its plant in Mulhouse from October 27 to November 2, a union and the company said on Tuesday. ...

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... ...