PRESS DIGEST- British Business - Feb 27
Feb 27 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
SAO PAULO Jan 11 Petróleo Brasileiro SA (Petrobras) met its average domestic oil output goal for a second consecutive year, the Brazilian state-controlled company said on Wednesday, as it looks to improve offshore exploration and production.
Production in 2016 rose by about 0.8 percent to an average 2.144 million barrels per day, Petrobras said in a securities filing, in line with a target of 2.145 million barrels.
Production in December reached an average 2.3 million barrels per day, it said. (Reporting by Guillermo Parra-Bernal; editing by Jason Neely)
HONG KONG, Feb 27 Asian stocks look set to edge lower for a second day on Monday as weak cues from U.S. share markets and declining European government bond yields on political worries push investors to take profits after a recent rally.
TOKYO, Feb 27 Japan's SoftBank Group Corp is close to finalising an investment in U.S. office-sharing startup WeWork, in a deal expected to be worth over $3 billion, CNBC reported on Monday.