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  • Petrobras hit with labor suit defeat

    6/22/18
    Brazil's state-run oil company Petrobras lost a trial held on Thursday on labor suits. The federal labor court (TST) judges voted 13-12 in favor of making the firm review the criteria for calculating the sums of the remunerations...

  • Brazilian savings bond industry expands

    6/22/18
    The Brazilian savings bond industry registered 6.8bn reais (US$1.8bn) in premiums in the first four months of the year, up 8.1% from the same period of 2017. Meanwhile, technical reserves rose 1.7% to 29bn reais at the end of April,...