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Murray News

Government eyes revenue shift amid “comprehensive” cost-cutting push

Idea is part of the menu of proposals under study to achieve zero deficit in 2025 by cutting expenses 06/18/2024 Simone Tebet and Fernando Haddad — Foto: Cristiano Mariz/Agência O Globo In the “comprehensive, general, and unrestricted” review of federal expenditures that it plans to undertake, the economic team is considering an old instrument designed […]

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18 de June de 2024/by Gelcy Bueno
Murray News

Petrobras pays government, paving way for dividends

If the state-run company approves distribution of retained dividends, government could receive about R$32.6bn 06/18/2024 Move may pave the way for Petrobras to decide on distribution of R$21.9 billion in extraordinary dividends from 2023 retained as capital reserve — Foto: Leo Pinheiro/Valor Petrobras’s board of directors approved on Monday the payment of R$19.8 billion related […]

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18 de June de 2024/by Gelcy Bueno
Murray News

Petrobras nominees raise market concerns

CEO Magda Chambriard appointed Fernando Melgarejo, a director at Banco do Brasil’s pension fund, as the oil company’s chief financial and investor relations officer 06/17/2024 Fernando Melgarejo — Foto: Divulgação Petrobras CEO Magda Chambriard announced her first changes to the company’s executive team on Friday (14), nominating three new executives. Analysts interviewed by Valor expressed […]

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17 de June de 2024/by Gelcy Bueno
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