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North Sea tax receipts slump to £35m

Tax receipts from offshore oil and gas came to only £35m in the last financial year, according to figures from HM Revenue and Customs.

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Ex-GM exec Bob Lutz rails on Volkswagen: They’re trying to bribe customers

This is how VW is trying to keep cars on the road after dieselgate, according to Bob Lutz, former vice chairman of GM.

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Fiat Chrysler recalls 1.1M SUVs, cars worldwide for safety issue

Fiat Chrysler is recalling 1.1 million vehicles worldwide because they might roll away after drivers exit.

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VW increases emissions bill to €16.2bn

Volkswagen sets aside billions more to cover emissions scandal costs as German carmakers agree to recall 630,000 diesels.

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Obama: European unity not in crisis, but under strain

Obama also insisted that Britain should remain in the EU.

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New £20 design and personality unveiled

Artist JMW Turner will feature on the new design of the Bank of England’s £20 note to enter circulation in 2020.

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All-day breakfast boosts McDonald’s

McDonald’s profits jump 35%, helped by the continued popularity of its all-day breakfast and cut-price offers in the US.

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Greece bailout talks make ‘progress’

Eurozone finance ministers say they have made progress in talks about the bailout programme for Greece.

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Global brands join tributes to popstar Prince

After the passing of yet another legendary creative artist, global brands join in on paying tribute to Prince.

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‘Clumsy’ central banks will ‘destroy’ economy: SocGen bear

“Clumsy interventions” by central banker will “destroy” the economy and usher in political chaos, a Societe Generale strategist has claimed.