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Tuesday, 3 February 2015

Brazil's Rousseff replacing Petrobras CEO - source

Petrobras Chief Executive Maria das Gracas Silva Foster is seen arriving at the Brasilia international airport after meeting with President Rousseff By Luciana Otoni BRASILIA (Reuters) - Brazilian President Dilma Rousseff will replace the chief executive and other senior managers at state-run oil company Petrobras this month in an effort to turn the page on a widening corruption scandal, a government source said on Tuesday. Petrobras shares jumped more than 15 percent, their biggest one-day gain in 16 years, after a newspaper first reported that Rousseff intended to replace Petrobras CEO Maria das Graças Foster. Petroleo Brasileiro SA, as Petrobras is formally known, declined to comment. Petrobras preferred shares, its most-traded class, jumped 15.5 percent in Sao Paulo to close at 10 reais.








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