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United Kingdom

Gram Slattery

RPT-NEWSMAKER-At Brazil's Petrobras, a 'Chicago Boy' takes the reins

03 Jan 2019

RIO DE JANEIRO, Jan 3 Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA, will either save the indebted oil major - or strip it to the bone.

At Brazil's Petrobras, a 'Chicago Boy' takes the reins

03 Jan 2019

RIO DE JANEIRO Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA , will either save the indebted oil major - or strip it to the bone.

Exclusive: Petrobras oilfield gets bids from PetroRio, Karoon Energy - sources

03 Jan 2019

RIO DE JANEIRO Brazil's PetroRio SA and Australia's Karoon Energy Ltd are among the bidders for a mature shallow water oilfield owned by Petroleo Brasileiro SA , according to two sources speaking on condition of anonymity, as the state-run oil major marches ahead with an ambitious divestment program.

UPDATE 3-Brazil's Via Varejo shares tumble as lead shareholder plans to cut stake

26 Dec 2018

SAO PAULO, Dec 26 Shares of Brazilian appliance retailer Via Varejo SA fell as much as 6 percent on Wednesday after its CEO was unexpectedly replaced with the head of its controlling shareholder, which said it would sell its 31.7 percent stake over the next year.

Brazil's Via Varejo replaces CEO as turnaround effort accelerates

26 Dec 2018

SAO PAULO, Dec 26 The board of Brazilian electronics and appliance retailer Via Varejo SA has replaced recently appointed CEO Flavio Dias, the company said, as it tries to turn the page on a year of lukewarm results and rocky stock performance.

UPDATE 1-Brazilian regulators recommend convictions in alleged train cartel case

12 Dec 2018

RIO DE JANEIRO, Dec 12 Brazil's antitrust authority Cade has recommended that a court convict 16 companies and 52 individuals over allegations they were involved in forming a cartel to fix bids for public train contracts across the central and southern parts of the country.

UPDATE 3-Petrobras unveils plan to boost asset sales, deepwater investment

05 Dec 2018

SAO PAULO/RIO DE JANEIRO, Dec 5 Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil.

New Petrobras CEO rules out privatization, wants non-core asset sales

19 Nov 2018

RIO DE JANEIRO 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.

Technocrat with a deft touch, Petrobras' placeholder CEO may cling on

16 Nov 2018

RIO DE JANEIRO Brazil's right-wing President-elect Jair Bolsonaro has thrilled investors with pledges to transform the state's role in Latin America's largest country.

ANALYSIS-Technocrat with a deft touch, Petrobras' placeholder CEO may cling on

16 Nov 2018

RIO DE JANEIRO, Nov 16 Brazil's right-wing President-elect Jair Bolsonaro has thrilled investors with pledges to transform the state's role in Latin America's largest country.

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