13 September 2015, News Wires – Petroleo Brasileiro SA’s tumble to a 12-year low put the Ibovespa on pace for a second week of losses. The state-controlled oil producer extended a three-day slide to 11 percent after Standard & Poor’s cut its credit rating to junk, adding to speculation the company will struggle to shore up […] More »
Brazil’s stocks fall amid bets Petrobras turnaround will fizzle
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