Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated.
Nebraska's Supreme Court heard arguments on Friday about whether Governor Dave Heineman acted properly when he blessed a route for the Keystone XL oil pipeline, and the court's decision could weigh on the controversial project.
Iraq has refiled in U.S. court to gain control of $100 million of Kurdish crude oil on a tanker near Texas, days after the court ruled it lacked jurisdiction to seize the cargo but said it could hear arguments over who is the oil's rightful owner.
Alibaba Group Holding Ltd disclosed on Friday that it would pay $15.8 million in legal fees to law firm Simpson Thacher and other attorneys who advised the Chinese e-commerce giant on its upcoming IPO, six times what Facebook paid its counsel two years ago.
