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Winterkorn out at Porsche in wake of VW scandal

Former Volkswagen chief Martin Winterkorn is now vacating the top position at Porsche, the German automaker said.

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Brazil woes forced Fortress to shut fund: Report

Michael Novogratz was forced out of Fortress Investment because of a bad bet on Brazil, The WSJ reported.

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NASA, Mars, and dodging an asteroid apocalypse

Astronaut Buzz Aldrin and a top NASA scientist explain to CNBC why Mars is still such a big deal.

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UK steel industry ‘crisis’ warning

The steel industry is “in crisis” and needs “life-saving surgery” from the government, UK Steel director Gareth Stace warns.

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How social media is making us less social: Study

A survey finds an overwhelming majority admitted to missing out on a conversation because they were distracted by their phones.

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Xi flies into steel storm, job cuts blamed on China

Confirmation of Tata Steel job losses is expected to coincide with a four-day state visit by Xi to Britain. The FT reports.

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Barclays pushes to shrink investment bank

Barclays plans to accelerate the shrinkage of its investment bank, the FT reports.

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VIDEO: Will this box change car design?

BBC News looks at a new system for changing car oil developed by Castrol, which resembles the ‘printer cartridge’ system.

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US curbs Arctic offshore drilling

The US announces new curbs on oil and gas exploration off Alaska’s northern coast, after Shell stopped its Arctic operation there.

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The islanders who are experts with cash

Where in Britain are people most careful with their cash?