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Montevideo, February 27th 2021 - 10:44 UTC

 

 

Bolsonaro's arrogance plunges Bovespa index 4% and Petrobras shares 21%

Tuesday, February 23rd 2021 - 08:11 UTC
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Brazil’s benchmark Bovespa index fell more than 4% Monday following President Jair Bolsonaro's decision last week to replace the chief executive of state oil company Petrobras. The company's shares plunged more than 21% on news that the government nominated an army general with no oil and gas industry experience as its new CEO. Read full article

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