![The scandal has cost Volkswagen more than $US24 billion ($31.2 billion) in US government penalties and owner restitution.](http://web.archive.org./web/20170707024313im_/https://www.fairfaxstatic.com.au/content/dam/images/g/l/m/r/i/y/image.related.wideLandscape.620x349.gx6fd9.png/1499382129192.jpg)
VW emissions scandal: more charges set to be laid
A former Audi AG manager is being charged with fraud by the Justice Department for his alleged role in helping Volkswagen AG cheat US emissions standards, a person familiar with the matter said.
A former Audi AG manager is being charged with fraud by the Justice Department for his alleged role in helping Volkswagen AG cheat US emissions standards, a person familiar with the matter said.
International relations will always be a test for us all. That's where the arts come in.
Almost fifty years ago, science fiction author John Brunner wrote about a world filled with electric cars... rising investment, as evidenced by Volvo's landmark decision this week, suggests that may well be about to happen.
Mark Zuckerberg has increasingly become a vocal advocate of universal basic income, the economic system in which all people are given a free paycheck from the government, no questions asked.
Defendants in federal cases typically clam up. Martin Shkreli has not, live streaming after court and lashing out at journalists and the prosecution. Barred from Twitter, it appears he is running a fake fan account to vent.
A "snortable" chocolate powder is being marketed as a drug-free way to get a buzz, but the medical community is yet to give it the thumbs-up.
Martin Shkreli is in the midst of a criminal trial that could land him behind bars for 20 years, but the 'Pharma Bro' is refusing to keep a low profile.
The world's leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new medicines, with GlaxoSmithKline as part of a new $US43 million ($55.9 million) deal.
Working in any male-dominated industry has its challenges, but for female pilots there's been extra hurdles.
India has cancelled the registration of more than 100,000 companies which were "in violation of laws", Prime Minister Narendra Modi said, in the latest effort by the government against "black money" and tax evasion.
Money for power: Some of the business and finance executives who left multimillion-dollar jobs to work for President Donald Trump now earn less than the average school teacher, according to White House salary data released on Friday.
Facing 20 years in prison for securities fraud, Martin Shkreli used the lunch break at his trial on Friday to make a surprise appearance with reporters to handicap his case so far and mock the prosecution.
Alibaba's Jack Ma is up partnerships across the region to win over some of the estimated 450 million people with limited access to banking services.
Sarah Hassan, who gave Martin Shkreli $390,000 to invest, got an email at 8:13 pm saying she was up 45 per cent. At 8:44 pm, Shkreli sent out a second email notifying her he was shutting the fund down.
Murdoch has long tried to cement his legacy by adding Sky to his company's stable of global media assets.
Prosecutors say Martin Shkreli, known as 'Pharma Bro', is a conman who told 'lies on top of lies'. But his attorney says he's a weird genius, who shouldn't be convicted for his lack of people skills.
Martin Shkreli's criminal fraud trial jury hasn't been selected yet and already the brash pharma executive tried to get the case thrown out of court and lashed out at reporters covering his case.
The maker of Havaianas, the colourful Brazilian flip-flops donned by celebrities, is poised to pass from one of Brazil's most-powerful families to another thanks to the country's latest political turmoil.
Crown staff have been handed shorter than expected jail terms.
Crown staff including executive Jason O'Connor are expected to plead guilty when their court case is heard today in Baoshan District Court, outside Shanghai.
Billion-dollar hotel developments in Sydney and Queensland, a shareholding in Virgin Australia, and the Australia's biggest cinema chain will come under the scrutiny of Chinese regulators trying to rein in a US$215 billion ($284 billion) overseas buying spree by Chinese companies.
The tycoon's request to Twitter last week -- asking how he can best use his wealth to help people "right now" -- has set off a frenzy of responses from every corner of the world. Even Madonna chimed in.
The Oscar-winner co-founded the tequila brand four years ago.
Since staff of James Packer's casino empire were detained in China in October and accused of illegally promoting gambling, Crown's network of offices from Macau to Indonesia appears to have vanished.
Travis Kalanick has stepped down as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.
The billionaire who made a fortune betting against the pound in the 1990s warns Britain's economy could slow to such an extent that the decision to quit the EU might even be reversed.
Australia is the third most popular destination for ultra-rich Chinese to invest wealth offshore, a new report shows.
Whole Foods' 63-year-old CEO says he was set up with Amazon on a "blind date" about six weeks ago and fell in love after conversing for hours.
Rising temperatures and humidity will make the world's tropics increasingly unliveable by pushing more people to the thresholds of their physical tolerance and beyond, a new international study finds.
Almost 10 years since the global financial crisis, in a world of sub-par economic growth even the optimists are downbeat.
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