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Volkswagen to fork out $14.7bn to settle diesel claims in US

Volkswagen will pay approximately $14.7 billion to resolve civil claims over its diesel cars with 2-liter diesel engines, including plans for buybacks and payments...
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.