Oil giant Petrobras to lay off 20% of its workforce
Brazilian state-owned oil company Petrobras could let go around 20 percent of...
Latin America
Credit Suisse, BNP to provide $3.01 bn loan to Brazilian power distributors
Itau Unibanco SA, Banco Bradesco SA, Santander Brasil SA and Banco do...
Petrobras to issue global bonds in the US market
Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P....
Latam Airlines to suspend more flights until April amid coronavirus pandemic
The airline previously announced that it would cut its international operations by...
Brazil’s Petrobras to cut production by 3% in response to coronavirus
The company will also delay dividend payment and slashed 2020 investments by...
Brazil’s central bank to launch QR code-based instant payments
The instant payment platform is called Pix...
Petrobras sets new production record in Q4 2019
It produced over 3 million barrels of oil equivalent per day in...
Brazilian unicorn fintech EBANX trials digital wallet service
EBANX became a unicorn, worth over $1 billion last year after a...