Cia de Saneamento de Minas Gerais announced new terms for its privatization process, after two bids for a 30% stake in the Brazilian water utility came in below the government’s expectations.
COPASA work in Belo Horizonte, Brazil. Photographer: Douglas Magno/AFP/Getty Images
Brazil’s state-controlled oil giant Petroleo Brasileiro SA is reducing domestic diesel prices starting Monday as part of a government subsidy program to shield consumers from the war in the Middle East.
A Petrobras gas station in Sao Paulo, Brazil, on Thursday, May 16, 2024. Brazil's president shook up the leadership of Petrobras, the nation's state-owned oil company, by firing the chief executive officer and one of his top deputies after months of sparring.
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