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An oil company consultant and former Chevron Corp trader have been arrested and charged with running a kickback scheme while cheating Chevron out of the full value of trades, according to U.S authorities.

Volkswagen announced a U.S. deal to buy back or potentially fix about a half million polluting diesel cars and set up environmental and consumer compensation funds.

New York state’s financial regulator has told 13 foreign banks doing business there to hand over details about their dealings with a law firm in Panama that helped set up thousands of shell companies.