{
Rui Costa

People

}

Petrobras Chairman Resigns Amid Concerns Over Dividend Policy

Petrobras Chairman Pietro Mendes is set to leave the company to take a position at Brazil’s oil regulator, raising concerns among investors about the future of the company's dividend policy. Bruno Moretti, associated with President Luiz Inacio Lula da Silva’s administration, is expected to succeed Mendes.
bloomberg.com
PETROBRAS ON N2 BRA Rui Costa Pietro Mendes Bruno Moretti Luiz Inácio Lula da Silva Show more
Regulatory & Legal, News Article
21:59 04.12.2024

brazil government moves towards austerity plan to address fiscal concerns

Brazil's Finance Minister Fernando Haddad has gained support from Rui Costa, President Lula's chief of staff, for an austerity plan aimed at addressing investor concerns over the country's fiscal health. They have agreed on spending cut measures to be submitted to the president for approval, with an announcement expected soon.
bloomberg.com
Brazilian Real Apple Inc. BRA Rui Costa Fernando Haddad Luiz Inacio Lula da Silva Show more
Finance & Economy, News Article
15:31 30.10.2024
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