News

Fannie Mae and Freddie Mac's regulator hinted on Wednesday that credit standards could be eased when it laid out the 2015 goals for U.S. mortgage companies.

A Brazilian police officer investigating a kick-back scheme at state-run oil company Petrobras said the total amount of money involved could exceed $28 billion, making it the country's biggest-ever money laundering probe.

European Union antitrust regulators will publish details on Friday of their investigation into online retailer Amazon's tax-minimising arrangements with Luxembourg.