A U.S. federal judge has given a preliminary green light to Volkswagen’s $14.7 billion settlement for cheating on emission tests. This means U.S. owners of VWs fitted with “defeat devices” will get about twice the market value of their cars in a buyback, and the 482,000 vehicles themselves will probably be scrapped. Meanwhile, in Europe, the owners of 8.4 ...

  Stephen L. Carter If you’re looking for a diversion after two weeks of heavy convention viewing, I’d recommend a trip to the multiplex to see “Star Trek Beyond.” The reason isn’t just that the movie is by far the most fun of this summer’s tentpole offerings. The film is a paean to the value of diversity, and perhaps heralds ...

  DUBAI / WAM Volumes on the Dubai Gold and Commodities Exchange (DGCX) crossed over 11 million contracts this year, growing 49% from last year. The overall volumes in July 2016 touched 1,674,268 contracts, registering a massive year-on-year increase of 47%, driven largely by elevated trade volumes across precious metals, currencies, equities and hydrocarbon segments. The exchange also recorded the ...