By RIO DE JANEIRO (Reuters) - Petroleo Brasileiro SA’s executive management is considering resigning en masse after the Brazilian government decided to replace Chief Executive Roberto Castello Branco, three people close to the management said, asking not to be named as information is private.President Jair Bolsonaro earlier said he had decided to appoint former Defense Minister Joaquim Silva e Luna as the state-controlled oil company’s CEO.Reporting by Sabrina Valle; Editing by Christian PlumbOur Standards:…By RIO DE JANEIRO (Reuters) - Petroleo Brasileiro SA’s executive management is considering resigning en masse after the Brazilian government decided to replace Chief Executive Roberto Castello Branco, three people close to the management said, asking not to be named as information is private.President Jair Bolsonaro earlier said he had decided to appoint former Defense Minister Joaquim Silva e Luna as the state-controlled oil company’s CEO.Reporting by Sabrina Valle; Editing by Christian PlumbOur Standards:WW…

A man walks past the headquarters of Brazilian oil company Petrobras in Rio de Janeiro, Brazil, September 10, 2020. REUTERS/Ricardo Moraes/File PhotoRegister now for FREE unlimited access to Reuters.comRIO DE JANEIRO, Feb 19 (Reuters) - Brazilian President Jair Bolsonaro moved to replace the head of state-run oil company Petrobras, naming a retired army general with no oil and gas experience as CEO after weeks of clashes with the current chief executive over fuel price hikes.In a late Friday statement from the Mines and Energy Ministry, first shared on Bolsonaro's Facebook page, the...…A man walks past the headquarters of Brazilian oil company Petrobras in Rio de Janeiro, Brazil, September 10, 2020. REUTERS/Ricardo Moraes/File PhotoRegister now for FREE unlimited access to Reuters.comRIO DE JANEIRO, Feb 19 (Reuters) - Brazilian President Jair Bolsonaro moved to replace the head of state-run oil company Petrobras, naming a retired army general with no oil and gas experience as CEO after weeks of clashes with the current chief executive over fuel price hikes.In a late Friday statement from the Mines and Energy Ministry, first shared on Bolsonaro's Facebook page, the...WW…

By , J&F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian authorities three years ago. Then, J&F paid a record-setting 10.3 billion-real ($1.85 billion) fine in Brazil for its role in corruption scandals that severely weakened then-president Michel Temer.In Brazil, its top executives have admitted to bribing more than 1,900 politicians to advance their business interests - especially JBS’s expansion - and secure low-cost financing from state-run banks.Shares of JBS rose more than 9% in late Sao Paulo trading following announcement of the...…By , J&F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian authorities three years ago. Then, J&F paid a record-setting 10.3 billion-real ($1.85 billion) fine in Brazil for its role in corruption scandals that severely weakened then-president Michel Temer.In Brazil, its top executives have admitted to bribing more than 1,900 politicians to advance their business interests - especially JBS’s expansion - and secure low-cost financing from state-run banks.Shares of JBS rose more than 9% in late Sao Paulo trading following announcement of the...WW…

By RIO DE JANEIRO (Reuters) - For the Krenak indigenous people who live along the Rio Doce in southeastern Brazil, the waterway was their community’s lifeblood, a source of food and spiritual presence, where children were baptized and learned to swim.Slideshow But in 2015, a dam co-owned by BHP Group and Vale SA collapsed, unleashing 44 million cubic meters of mining waste into the river and Atlantic Ocean, 650 km away, in what became Brazil’s worst environmental disaster.Five years later, the tribe says survival remains a struggle, despite living hundreds of kilometers downstream from the...…By RIO DE JANEIRO (Reuters) - For the Krenak indigenous people who live along the Rio Doce in southeastern Brazil, the waterway was their community’s lifeblood, a source of food and spiritual presence, where children were baptized and learned to swim.Slideshow But in 2015, a dam co-owned by BHP Group and Vale SA collapsed, unleashing 44 million cubic meters of mining waste into the river and Atlantic Ocean, 650 km away, in what became Brazil’s worst environmental disaster.Five years later, the tribe says survival remains a struggle, despite living hundreds of kilometers downstream from the...WW…