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Stock impact report

Brazil presidential frontrunner Bolsonaro officially confirms candidacy [Reuters (UK)]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Reuters
Brazil presidential frontrunner Bolsonaro officially confirms candidacy | Reuters 2 Min Read RIO DE JANEIRO (Reuters) - Right-wing Brazilian presidential candidate Jair Bolsonaro vowed to support the sale of assets by state-run oil company Petroleo Brasileiro SA on Sunday, as he received the official confirmation of his candidacy by his party’s convention. Bolsonaro is leading early opinion polls ahead of October elections, with leftist Ciro Gomes challenging the more moderate Marina Silva for second place. The numbers exclude jailed but still popular ex-president Luiz Inacio Lula da Silva.. Bolsonaro told journalists at a news conference that he was supportive of Petrobras’ ongoing sale of assets, but that “it’s too early” to discuss the possibility of a full privatisation. Indebted Petrobras is working to sell $21 billion in assets over two years. Earlier this month, it was forced to suspend major asset sales after a Supreme Court justice ruled that Congress must approval any privat Show less Read more
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