Petrobras reports giant loss

Brazilian oil giant Petrobras reported a huge net loss in the fourth quarter of 2015, as it booked impairment charges related to assets and investments in light of depressed oil prices.

Big loss: Petrobras CEO Aldemir Bendine
Big loss: Petrobras CEO Aldemir Bendine
Published 21 March 2016, 22:01Updated 18 October 2016, 04:54
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