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Petrobras Weighs CEO Change as Brazilian President Turns Up Pressure

Petrobras’s shares plunged roughly 20% following President Bolsonaro’s plan to install an army general as the CEO.

Petrobras’s shares plunged roughly 20% following President Bolsonaro’s plan to install an army general as the CEO.

Photo: antonio lacerda/Shutterstock

This is not a CAPTIS article. Originally, it was published here.