Stocks Petroleo Brasileiro SA - Petrobras

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  • SAO PAULO, Nov 30- Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of Brazil's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting concerns about the...

  • SAO PAULO, Nov 30- Brazil's Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of the country's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting...

  • SAO PAULO, Nov 30- Murilo Ferreira quit as chairman of Brazil's Petroleo Brasileiro SA, the state-controlled oil company said on Monday, without disclosing the reason for his decision. Ferreira had been on a leave of absence since Sept. 14, and Nelson Carvalho replaced him on an interim basis. Prosecutors have accused Brazil's leading engineering firms of...

  • SAO PAULO, Nov 30- Brazilian financier André Esteves resigned as chief executive officer and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank. Prosecutor General Rodrigo Janot used evidence and testimony from others under investigation...

  • Andre Esteves attends the Conservation International 16th Annual New York Dinner at The Plaza Hotel on May 15, 2013 in New York City.

    Esteves was placed under arrest following accusations that he interfered in a sprawling investigation into Petrobras, the FT reports.

  • SAO PAULO, Nov 30- Brazilian financier André Esteves resigned as chief executive and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank. Prosecutors are preparing to file charges against the billionaire dealmaker, who they suspect, along...

  • RIO DE JANEIRO, Nov 25- Brazil's Senate on Wednesday approved a Supreme Court decision to arrest the leader of the ruling coalition in the upper house, Senator Delcídio do Amaral, for allegedly obstructing a corruption probe into state-run oil company Petrobras. Senators voted 59-13 to uphold the top court's ruling which led to the country's first-ever...

  • SAO PAULO, Nov 25- Brazil's Grupo BTG Pactual SA scrambled to contain fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up plunging shares. The moves highlighted investors' concerns whether Latin America's largest independent investment bank can thrive...

  • BTG scrambles to contain Esteves arrest fallout Wednesday, 25 Nov 2015 | 4:16 PM ET

    SAO PAULO, Nov 25- Brazil's Grupo BTG Pactual SA scrambled to contain the fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up its plunging share price. Ratings agency Moody's Investors Service warned the credit rating of Latin America's largest homegrown...

  • SAO PAULO/ BRASILIA, Nov 25- The chief executive of Brazil's biggest independent investment bank and the leading senator in the governing coalition were arrested on Wednesday on suspicion of obstructing the country's most sweeping corruption investigation ever. The arrest of André Esteves, the billionaire CEO and controlling shareholder of BTG Pactual...

  • *Supreme Court orders arrests for obstructing investigation. SAO PAULO/ BRASILIA, Nov 25- Brazilian police arrested the ruling party's leader in the Senate and the chief executive of Latin America's biggest investment bank on Wednesday on suspicion of obstructing an investigation into corruption at state-run oil company Petrobras. Amaral is chairman of...

  • SAO PAULO, Nov 24- The arrest of a powerful rancher and friend of former president Luíz Inácio Lula da Silva on Tuesday brought Brazil's largest-ever corruption investigation to the country's farm sector, one of the few bright spots in its stalling economy. The arrest warrant issued by Judge Sergio Moro cited evidence that Bumlai had used his connections to...

  • RIO DE JANEIRO, Nov 23- Indebted state-run oil company Petroleo Brasileiro SA has ruled out bolstering its capital in the short term, a source with direct knowledge of the company's decision said on Monday. Finance Minister Joaquim Levy said on Friday that he did not see an immediate need to inject fresh capital into Petrobras, saying it had adequate resources to...

  • BRASILIA, Nov 23- Brazil's state-run oil company Petroleo Brasileiro SA said in a statement on Monday there are no talks "at this moment" about using hybrid notes as a way to bolster its capital, denying media reports of a possible capital injection by the government.

  • RIO DE JANEIRO, Nov 23- Heavily indebted state-run oil company Petroleo Brasileiro SA is not considering using so-called hybrid securities to bolster its capital, a source close to the company said on Monday. Local media reported last week that the Brazilian Treasury was studying the possibility of transferring the hybrid securities to Petrobras, as the...

  • SAO PAULO, Nov 23- Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it had been unable to produce 2.29 million barrels of oil and 48.4 million cubic meters of natural gas during a strike that began on Nov. 1. Petrobras, as the firm is known, said the majority of unions representing oil workers had voted to end the strike, thought to be the most...

  • CURITIBA, Brazil, Nov 18- Brazilian prosecutors are increasingly turning their attention to bribery by foreign companies in the country's biggest-ever corruption case, a lead prosecutor said in an interview, adding that only one such company had signed a leniency deal so far. Deltan Dallagnol, 35, a relentless anti-corruption advocate, said companies that...

  • RIO DE JANEIRO, Nov 17- The Brazilian oilworkers union local responsible for the bulk of the country's oil and gas output told its members on Tuesday to leave all Petroleo Brasileiro SA vessels in the Campos Basin, Brazil's most productive oil district. The Campos Basin is responsible for 64 percent of Brazil's oil output and 34 percent of natural gas output, the...

  • CURITIBA, Brazil Nov 16- Brazilian police and prosecutors investigating corruption at Petroleo Brasileiro SA said on Monday they have evidence that bribes were paid as part of the state-run oil company's $1.2 billion purchase of Pasadena Refining Systems Inc in 2006.. At a news conference announcing a new round of searches, seizures and arrests, federal...

  • RIO DE JANEIRO, Nov 16- A union representing workers at state-run oil company Petroleo Brasileiro SA in Brazil's most important production area said on Monday it remains on strike over back pay and the state-owned oil company's plans for assets sales. Sindipetro Norte Fluminense workers operate oil platforms and other services in the Campos Basin, the source...