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Petrobras shares plunge as Brazil’s Lula swaps CEO, CFO - Stabroek News

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RIO DE JANEIRO, (Reuters) - Brazil’s Petrobras PETR4.SA announced the exit of its CEO and chief financial officer yesterday, and shares tumbled on news that a former regulator with views closer those of President Luiz Inacio Lula da Silva will take the helm of the state-run oil firm.

The article Petrobras shares plunge as Brazil’s Lula swaps CEO, CFO appeared first on Stabroek News.

Source: Stabroek News - Guyana's Most Trusted Newspaper

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