Investors prepare class action to challenge losses with Petrobras intervention
Attorney André Almeida, one of the parties behind the class action lawsuit for investor losses resulting from the corruption scheme...
February 23, 2021Topic
Roberto Castello Branco
IFI: Brazil likely to see 10 more years of primary deficit and breaches of spending cap
RIO DE JANEIRO, BRAZIL - Brazil is not expected to register a primary surplus over the next decade and may...
February 23, 2021
Analysis: Could Petrobras cause divorce between Bolsonaro and the market?
Among economists and analysts who believe that the latest news about Petrobras (PETR4;PETR3) represents the divorce between the Bolsonaro.
February 22, 2021
Bolsonaro’s nominee to run Petrobras stresses need for “balance” in fuel pricing
Brazilian President Jair Bolsonaro’s nominee to lead state-run oil company Petrobras said on Saturday, February 29th, the company needs to...
February 20, 2021
Petrobras CEO resisting pressure from Bolsonaro to resign – sources
The chief executive of Brazil’s state-led oil company Petrobras is resisting pressure from President Jair Bolsonaro to resign following tensions...
February 19, 2021
Bolsonaro Pushes Truckers Pressure onto Governors by Proposing to Change State Taxes
With no room to meet truckers' demands, President Jair Bolsonaro announced on Friday, February 5th, that he is considering a...
February 6, 2021
Brazil’s Petrobras Announces 4.84 Percent Increase in Diesel Fuel Prices
Petrobras CEO Roberto Castello Branco announced Wednesday night an increase of R$0.10 per liter of diesel at refineries.
April 18, 2019
Brazil’s Petrobras Sees Shares Plummet After Price Hike Cancellation
Oil giant, Petrobras, saw its shares plummet on Friday after the company announced it was cancelling a 5.7 percent diesel...
April 13, 2019
Brazil’s Petrobras Registers Positive Results After Four Years of Losses
After four years registering losses, Brazil’s oil giant, Petrobras, announced the company registered a net income of R$25.8 billion in...
February 28, 2019