Royal Dutch Shell is gearing up for a key test of its Arctic equipment this month as the oil major's plans to drill off Alaska suffer fresh setbacks

Lincoln and Cadillac will be revamped after losing ground to foreign brands, but there are concerns this may not have come in time to stop decline

Rosneft and Gazprom lead production increases from Soviet era fields to secure Russia place alongside Saudi Arabia in league of crude oil output

The horizon may be brighter, but the industry's journey through boom and bust is likely to remain choppy at best

The Temelin saga risks affecting the image of the Czech Republic and making other countries question their desire for nuclear power

The Libor issue added impetus to UBS dropping its long-standing plan to become a global full-service investment banking powerhouse

Bank of Italy blocks all electronic payments following Vatican City's failure to fully comply with international anti-money laundering rules

Despite the slump in M&A in the sector in 2012, talk has been rekindled over potential for takeovers with some majors, says Anousha Sakoui

The nation's overall car market recorded new registrations of no more than 1.4m vehicles in 2012 – a level that was last seen in 1979

Firms weigh IAASB proposal for auditor's commentary on uncertainties facing companies amid criticism of lifeless ‘pass or fail' pronouncements