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Brazilian equities higher in volatile trade after capital stormed

By Gabriel Araujo and Karin Strohecker SAO PAULO/LONDON (Reuters) -Brazilian equities were higher in choppy trade on Monday, a day after thousands of supporters of former President Jair Bolsonaro stormed government buildings in the capital, ....

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Petrobras Chief Executive Resigns

The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from… ....

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Brazil's Petrobras swaps CEOs amid political blowback on fuel prices

Bolsonaro, who faces an uphill re-election bid in October amid high inflation and elevated fuel prices, also said he and Lira had discussed opening a congressional investigation into Petrobras' board of directors. Matheus Spiess, an economist at Empiricus, said the move was "clearly negative." "We've already had these shocks during Bolsonaro's government, but lately they have been quite stressful," Spiess said. But Ilan Arbetman, an analyst at Ativa Investimentos, said the move may support Petrobras' shares by decreasing political pressure on the firm and alleviating ongoing uncertainty. ....

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