Petrobras shares plunge as Brazil's Lula swaps CEO, CFO The ouster of Prates represents a win for members of Lula's cabinet pushing for lower fuel prices, smaller dividends and more capital spending to create jobs and boost the economy. Despite all the ... 05/15/2024 - 2:41 am | View Link
Brazil's Lula sacks Petrobras chief over dividend payments Jean Paul Prates, a former state senator and ally of Lula, "has been dismissed," a presidential spokesman said Tuesday evening. A lawyer and economist, Prates was appointed last January by the ... 05/14/2024 - 5:56 pm | View Link
Petrobras shares plunge as Brazil's Lula swaps CEO, CFO opens new tab announced the exit of its CEO and chief financial officer on Wednesday, and shares tumbled on news that a former regulator with views closer to those of President Luiz Inacio Lula da ... 05/14/2024 - 1:00 pm | View Link
China only produces 1% of critical litho chipmaking tools, exposing it to harsh US sanctions — investment in domestic toolmakers looks to reverse the trend