The Justice Department wants to cut down on corporate misbehavior by offering wrongdoers leniency

The Justice Department is piloting a new program meant to entice employees or other individuals involved in unlawful corporate behavior to report it in exchange for leniency—with conditions. The new “Voluntary Self-Disclosure” program targets select individuals who were personally involved in corporate or financial wrongdoing, encouraging them with a non-prosecution …

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BYD spinoff reveals electric sports car, rugged SUV concepts

Fang Cheng Bao – one of Chinese car giant BYD’s many spinoff brands – has revealed a pair of unique electric concept vehicles, both expected to enter production in the coming years. Car News China reports Fang Cheng Bao unveiled the electric sports car concept and rugged SUV show car …

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Oil traders bet Iran will want to keep its exports flowing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Despite crude oil’s combustible properties, armed conflict near large oil producers — Russia and now Iran — has not ignited a sustained rise in price. Brent crude fell on Monday, …

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Iran oil exports hit 6-year high as west prepares sanctions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response …

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