Petroleo Brasileiro SA Petrobras (PETR4.SA)
R$ -0.93 (-3.58%)
RIO DE JANEIRO, Nov 19 A University of
Chicago-trained economist named on Monday to head Brazil's
Petrobras will not privatize the state-run company, but wants to
push ahead with selling non-core assets and to focus on oil
exploration and production.
(Recasts, updates prices, adds quote)
By Aaron Saldanha
Nov 19 Latin American stocks and currencies fell
on Monday as concerns about global trade in light of U.S.-China
trade tensions prompted investors to cut exposure to riskier
emerging market assets.
The United States kept up its tough rhetoric against China
over the weekend. U.S. Vice President Mike Pence said there
would be no end to tariffs on $250 billion of Chinese goods
until China changed its ways.
RIO DE JANEIRO, Nov 19 Brazil's right-wing
President-elect Jair Bolsonaro said on Monday that certain units
of Petroleo Brasileiro could be privatized, even
though the state-run company is strategic for the state.
Nov 19 The currencies of Brazil and Mexico
weakened on Monday despite the dollar dropping to two-month
lows, as concerns of a slowdown in global growth and simmering
U.S.-Chinese trade tensions clouded sentiment.
The U.S. Federal Reserve policymakers signaled rate
increases ahead but also sounded more concerned about a
potential global slowdown, leading markets to suspect the
central bank's tightening cycle may not have much further to
This sent U.S. Treasury yields
BRASILIA, Nov 19 Ivan Monteiro will leave his
post as chief executive officer of Petróleo Brasileiro SA
(Petrobras) on Jan. 1, the state-controlled oil
company said in a securities filing on Monday.
RIO DE JANEIRO, Nov 19 Economist Roberto
Castello Branco has accepted an invitation to become the chief
executive officer of Brazilian state-controlled oil company
Petróleo Brasileiro SA, according to a statement from
future Economy Minister Paulo Guedes on Monday.
Nov 16 LyondellBasell Industries NV is
close to presenting a binding offer to acquire control of
Brazilian petrochemical company Braskem SA, two
people with knowledge of the matter said.
NEW YORK, Nov 14 (LPC) - Latin American companies are
commanding more favorable terms on syndicated loans as investor
confidence returns to the region, even for credits that are
perceived as riskier.
SAO PAULO, Nov 14 Blackrock Inc has
reported owning 5 percent of preferential shares in Petroleo
Brasileiro SA, the state-run oil company said in a
statement on Wednesday.
(Recasts, updates prices, adds quotes)
By Aaron Saldanha
Nov 13 Latin American stocks fell for a sixth
consecutive day on Tuesday and regional currencies followed
suit, with Mexico's peso hitting a near five-month trough on
frigid investor sentiment towards the country and broader Latin
MSCI's index of currencies in Latin America
fell 0.9 percent, while the regional stock index
dropped 1.9 percent.
Stocks on Mexico's benchmark slid 2 percent, leaving
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