A Saudi-flagged supertanker has been struck off the kingdom's main Red Sea oil terminal, in an attack that extends the Houthi blockade to Saudi Arabia's last major export outlet and tightens the squeeze on crude flows to Europe and Asia already disrupted at both Gulf chokepoints. The Bahri-owned VLCC Amzan, a 320,926-deadweight-tonne carrier built in 2014, reported a ballistic-missile strike on 24 August while about 63 nautical miles west of Yanbu, causing a fire on the main

Volkswagen chief executive Oliver Blume was jeered by more than 10,000 workers at the group's Wolfsburg headquarters, as he defended a restructuring plan that could ultimately double the group's job losses to around 100,000 and place German plant closures back on the table, in the sharpest confrontation yet between management and labour at Europe's largest carmaker. Blume and Volkswagen brand chief Thomas Schäfer used the 25 August plant meeting, the first of a series of town

Europe's largest airlines are heading into winter with sharply diverging strategies, as the legacy groups rein in capacity to protect fares while the low-cost giants press on with aggressive expansion, in a split that will test which model best survives the fuel shock that has defined the year. Fresh analysis of fourth-quarter scheduling shows IAG and Lufthansa Group scaling back planned flying, even as Ryanair and Wizz Air continue to grow their intra-European networks. IAG,