RIO DE JANEIRO Brazil's Petrobras found suspicious activity in its oil trading business - and failed to stop it - six years before an alleged bribery scandal erupted in that unit in 2018, according to three people with knowledge of the situation and documents seen by Reuters.
BUENOS AIRES Moderate Argentine Senator Miguel Pichetto will run as vice-presidential candidate with President Mauricio Macri in October's election, the two politicians said on Tuesday, a selection that could help broaden the struggling leader's voter base.
RIO DE JANEIRO, May 31 A closely watched
embankment at a Brazilian iron ore mine run by Vale SA
has begun to slide slowly into the bottom of a mining
pit, the company said on Friday, reducing concerns that a sudden
landslide would trigger a dangerous dam collapse.
RIO DE JANEIRO, May 30 Brazil's Petrobras has
received an information request from the U.S. Commodity Futures
Trading Commission regarding its trading activities, the
state-run oil firm said on Thursday, after prosecutors found
evidence of fraud in deals with major traders.
RIO DE JANEIRO, May 28 Prosecutors in Brazil
criticized compliance standards at Brazilian bank Banco Bradesco
SA on Tuesday, after requesting that a federal court
issue an arrest warrant for two branch managers allegedly
involved in a vast money laundering scheme.
BRASILIA/RIO DE JANEIRO, May 28 Brazil's Supreme
Court is set to issue on Thursday a key decision that could hold
up billions of dollars of divestments by oil company Petroleo
Brasileiro SA and other state-run firms.
RIO DE JANEIRO Brazil's Petroleo Brasileiro SA is nearing the sale of two oilfields in a process that could fetch around $1 billion and aid the state-run oil firm in its bid to reduce debt.
RIO DE JANEIRO, May 28 Brazil's Petroleo
Brasileiro SA is nearing the sale of two oilfields in
a process that could fetch around $1 billion and aid the
state-run oil firm in its bid to reduce debt.
RIO DE JANEIRO/SAO PAULO, May 17 Brazilian
state-run oil firm Petroleo Brasileiro SA has removed
three banks from the privatization process of fuel distribution
unit Petrobras Distribuidora, four sources with
knowledge of the matter told Reuters this week.
RIO DE JANEIRO, May 8 Oil and gas production at
Petroleo Brasileiro SA is on the rise, executives
said on Wednesday, telling analysts that the company was on
course to hit its annual production target despite lagging
output in the first three months of the year.