At least three of the seven people on the Chinese Communist Party’s most powerful committee, including President Xi Jinping, have relatives who have controlled secretive offshore companies.

The resignation of the prime minister, Sigmundur David Gunnlaugsson, was the first prominent political fallout from the document leaks, which have shed unflattering light on the private financial activities of many rich and powerful people around the world.

In the list of the world's great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco has systematically corrupted the global oil industry, distributing many millions of dollars worth of bribes on behalf of corporate behemoths including Samsung, Rolls-Royce, Halliburton and Australia's own Leighton Holdings.

It has been eight years since he took a major title, and he's rarely seen with a club in his hand. Even though Tiger Woods will be, at best, a ceremonial figure at the Masters, many believe he can still rediscover his magic at age 40. A look at the events and injuries that set him back suggests otherwise. [This story appears in the April 4, 2016, edition of Sports Illustrated.

The Federal Trade Commission on Tuesday accused Volkswagen Group of deceiving American consumers into buying emission-spewing diesel vehicles, seeking more than $15 billion in damages in what could be one of the largest false-advertising cases in U.S. history. The FTC filed a four-count civil complaint against Volkswagen Group in U.S. District Court in California, alleging the company falsely advertised that it was selling new "clean diesel" vehicles that were purchased by about 550,000 buyers.

A high-ranking US Navy captain has been sentenced to nearly four years in jail for passing classified information to a Malaysian defence contractor. Daniel Dusek provided the information in exchange for luxury hotel stays and the services of prostitutes. Dusek was also ordered to pay a $70,000 (£50,000) fine and $30,000 in restitution to the navy. He is the highest-ranking officer to be charged in one of the US military's worst bribery scandals.

International student Pranay Alawala, who worked in three 7-Eleven stores in Brisbane, recently secured a payout of $33,000 from his former employer. So far more than 110 workers have been paid out an estimated $2.8 million through an independent panel assessing claims. Savouring the taste of success at a Brisbane cafe after the two-year battle, Mr Alawala can now afford a coffee like the ones he used to serve to 7-Eleven customers.

Goldman Sachs’ cozy relationship with the Malaysian government is coming back to haunt the firm and one of its regional chairmen. The fallout from the widening scandal hitting the white-shoe investment bank involves Tim Leissner, the Singapore-based chairman of Goldman’s Southeast Asia operations, who has left that country and relocated to Los Angeles on a leave of absence from the firm. A state fund — 1Malaysia Development Berhad...

Retired Los Angeles County Sheriff Lee Baca pleaded guilty Wednesday to lying to federal investigators, a stunning reversal for the longtime law enforcement leader who for years insisted he played no role in the misconduct that tarnished his agency. Baca’s plea in a downtown courtroom capped a string of prosecutions that began with low-ranking officials and worked up the chain of command. His former No. 2, Paul Tanaka, is scheduled to stand trial...

Volkswagen will offer generous compensation packages to the roughly 600,000 U.S. owners of diesel vehicles whose emissions are over the legal limit, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg told the Frankfurter Allgemeine Sonntagszeitung. Feinberg previously headed...

Why fix part of a problem when you could address the underlying issue instead? In an open letter, the group urged California Air Resources Board Chair Mary Nichols to have VW "cure the air, not the cars." Instead of requiring the German automaker to attempt to recall and fix all of the 85,000 diesel vehicles it sold with software designed to cheat emissions tests -- a solution they label "costly," "impractical" and generally inefficient -- Musk and company propose California allocate...

Volkswagen said U.S. sales plunged 25% in November in the wake of the German automaker's massive emissions cheating scandal. The company admitted in September that most of its diesel cars in the U.S. had software that allowed it to pass emissions tests, even though the cars dumped 40 times the allowed levels of pollutants into the atmosphere. The EPA ordered it to stop selling those cars in the U.S.

A laboratory test carried out for BBC Panorama shows that Volkswagen diesel cars programmed with a "defeat device" can cheat official European pollution tests, as well as tests in the US. The company told the BBC it believes this is the first time the cheating software has been filmed in action. VW has admitted it used the device to rig tighter pollution tests in America. But it's been more ambiguous about whether it used the same tactics to actively cheat official European tests.

Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data, saying the ambitious goals set by former Chief Executive Martin Winterkorn were difficult to achieve, Bild am Sonntag reported. The paper said VW engineers tampered with tyre pressure and mixed diesel with their motor oil to make them use less fuel, a deception that began in 2013 and carried on until the spring of this year.

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The EPA says Volkswagen cheated on emissions tests on more diesel cars than previously believed. The Environmental Protection Agency issued a second notice of violation (NOV) of the Clean Air Act to the automaker, covering about 10,000 model year 2014 diesel cars sold in the U.S. In addition, the notice covers an unknown volume of 2016 vehicles. The cars all have 3.0-liter engines. Here’s more from the agency...

Volkswagen was recently brought to its knees when scientists discovered the company had installed a device in its diesel-powered cars to fool emissions tests. Its stock price tanked, its reputation has been damaged and its CEO resigned on Wednesday. So who made the discovery that sent the German car giant into a tailspin? A group of scientists at West Virginia University.

A Volkswagen engineer warned the company about cheating over its emission tests as early as 2011, a German newspaper reports. Frankfurter Allgemeine Sonntagszeitung says the warning emerged during VW's current investigation into the scandal. Separately, Bild am Sonntag said the internal inquiry had found that parts supplier Bosch had warned Volkswagen not to use its software illegally.

Atmospheric levels of a little known by-product from diesel engines are up 70 times higher than expected according to a study. Researchers found that long-chain hydrocarbons are significantly under-reported in car manufacturer's data. These hydrocarbons are a key component of two of the worst air pollutants, ozone and particulate matter.

Country halts sale of VWs in the Euro5 class, which contains bulk of vehicles said to have defeat devices, which mask true emissions.