Author: Pan Pylas

BP confirmed that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging share price.

LONDON — British oil giant BP said Jan. 17 its interim chief executive, Murray Auchincloss, will be given the job on a permanent basis to replace Bernard Looney.

LONDON — Long lines are snaking down streets across the U.K. as drivers struggle to fill up their cars, causing widespread traffic misery and worries over whether emergency services can do their work.

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

Hundreds of stranded truck drivers hoped to get the green light to leave Britain on Dec. 22 as the country found itself increasingly isolated and its trade bottled up, cut off by neighbors afraid of a new strain of the coronavirus circulating in England.

LONDON — Share prices around the world, particularly in Japan, took a hit Feb. 25 amid mounting fears about the economic impact of the new coronavirus outbreak.