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Petrobras Swings on Reports That CEO Departure Is Imminent

Petrobras Swings on Reports That CEO Departure Is Imminent
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Petrobras CEO Seeks Lula Meeting Amid Speculation He'll Be Fired

(Bloomberg) -- Petroleo Brasileiro Chief Executive Officer Jean Paul Prates is seeking a meeting with Luiz Inacio Lula da Silva to see if the president supports him in the role amid speculation about his departure that caused shares to swing wildly earlier Thursday. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesKim J

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Petrobras shares swing "wildly" amidst reports that CEO Jean Paul Prates departure is near

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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Brazil's Azul lowers 2023 earnings forecast but sees better 2024

Brazil's Azul lowers 2023 earnings forecast but sees better 2024
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Brazil's Azul lowers 2023 earnings forecast but sees better 2024

SAO PAULO (Reuters) - Brazilian airline Azul on Tuesday reduced its forecast for core earnings this year due to slower capacity growth and higher jet ...

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Petrobras will reduce fuel prices to offset increases in fuels taxes

Petrobras will reduce fuel prices to offset increases in fuels taxes
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Brazilian state to seek privatization of power firm Copel, shares soar

Brazilian power company
Copel could be turned into a firm with
dispersed ownership and no controlling shareholder by local
authorities, a move that would in practice privatize the
state-run utility,... | November 21, 2022

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Brazil's Vale cuts 2022 iron ore output forecast amid lower prices | Hellenic Shipping News Worldwide

Brazil's Vale cuts 2022 iron ore output forecast amid lower prices | Hellenic Shipping News Worldwide
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Vale cuts 2022 iron ore output forecast amid lower prices, including for nickel

SAO PAULO — Brazilian miner Vale SA on Tuesday cut its 2022 iron ore production forecast due to the sale of its Center-West system assets, supply chain…

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Vale Shares Fall 3.2% After Production Report Disappoints, Guidance Cut

By Jeffrey T. Lewis

SAO PAULO--Vale SA's shares declined 3.2% Wednesday after the Brazilian iron ore producer released a production report that disappointed some analysts and the company cut...

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