Repsol YPF S.A. (BMAD:REP), Spain’s biggest oil company, is considering the sale of about 40% of its Brazil assets in an initial public offering as early as this year, company executives said Thursday on a conference call.
Brazilian President Lula da Silva has been named the most influential leader in the world by Time Magazine, ahead of US President Barack Obama who is ranked fourth. No European leader figures among the top 25.