With Germany’s investigation of VW accelerating and Audi Chief Executive Rupert Stadler in custody, it falls to an interim executive to restore order.
Rio Tinto has appointed transport and logistics executive Jacob Stausholm, formerly of A.P. Moller-Maersk, as Chief Financial Officer.
Rapidly growing Wizz Air is already the biggest airline in Eastern Europe. Now its sights are set on the West, and low-cost rival Ryanair is taking heed.
With strict new-energy vehicle production quotas taking effect in China next year, GM China has raised its target to 20 models through 2023.
In spinning off General Electric’s railroad business, CEO John Flannery is taking the biggest step yet toward creating a leaner, more focused GE.
Responding to regulatory, shareholder and societal pressure, oil & gas majors like Shell are increasingly diversifying into renewable energy.
With the United States now the world’s top oil and gas exporter, the first (and biggest) of what could be a string of oil mergers has been struck.
Herbert Diess, who was appointed CEO in April, is tasked with leading a restructuring while repairing the company’s reputation.
French oil and gas major Total S.A. has signed a deal with state oil giant Saudi Aramco to expand their joint venture refinery in Saudi Arabia.