Law & Society

Brazil's state-run oil firm Petrobras said on Tuesday it may increase the number of foreign companies it works with after banning several Brazilian contractors because police have implicated them in a kickback scheme at the company.

BP reviewed the activities of its in-house foreign exchange traders, the British oil and gas group said on Tuesday, after the Financial Times reported that BP was investigating whether its traders were involved in rigging the currency market.

The breakneck growth of U.S. public pension assets paused in the third quarter of the year, due to falling earnings, U.S. Census data released on Wednesday showed.