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Tuesday Papers: Shell abandons Alaska Arctic drilling

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Top stories The Guardian: Shell has abandoned its controversial drilling operations in the Alaskan Arctic in the face of mounting opposition in what jubilant environmentalists described as “an unmitigated defeat” for big oil. Financial Times: The Serious Fraud Office is investigating whether Bank of England officials told lenders to bid at a particular rate to minimise questions about the health of their balance sheets, thereby rigging emergency auctions at the onset of the financial crisis. The Daily Telegraph: German prosecutors on Monday announced a criminal probe against Volkswagen's former boss Martin Winterkorn as VW group carmakers Audi and Skoda said more than three million of their...

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