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Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Corruption Allegations Refuse To Die

Boston, MA 11/23/2014 (wallstreetpr) –  Authorities in Brazil were forced to fight back after a magazine alleged that the country’s president had a lot to do with the escalating scandal surrounding Petrobras. Dilma Rousseff press service has already lambasted Veja magazine for alleging that former Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) director Paulo Roberto Costa […]

Scandal hit Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) becomes part o a latest allegation by former director

Boston, MA 10/10/2014 (wallstreetpr) – Paulo Roberto Costa, a former director of the Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) and currency broker Alberto Youssef have claimed, while testifying in the Brazilian Court of Justice that the treasurer of the Workers’ Party, which is the present ruling party, had received bribes from various works that were […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Books Losses On President Rouseff’s Comments

Boston, MA 09/29/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) nosedived by more than 11% during opening trade session today after the Brazilian President Dilma Rousseff called the company’s contributions to fund 2010 candidacy of Rousseff is baseless. The comments referred to an newspaper article that appeared in the weekly edition of Veja, disclosing […]

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