Bloomberg Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct knowledge of the matter said. The parties reached the accord ahead of a Thursday deadline set by a federal judge for …

Bloomberg Soybeans extended a rally above $10 a bushel, the highest price since July, and corn traded near $4 a bushel as unfavourable weather in South America and prospects for improved demand for U.S. supplies bolstered agriculture markets. Dryness in Brazil is causing conditions to deteriorate for its second corn crop, and the country suspended import tariffs for the next …

  Bloomberg Shareholders of oil-rig venture Sete Brasil Participacoes SA agreed to a plan to file for bankruptcy protection after its single client failed to present a viable book order. A Sete Brasil official confirmed that investors are backing the plan and declined to elaborate. Shareholders had set that day as a deadline for Petroleo Brasileiro SA to propose a …