Brazil Labor Court Rules Against Petrobras

Instant Max AI Immediate Frontier

(Reuters, 21.Jun.2018) – Brazil’s top labor court ruled in favor of workers at Brazil’s state-controlled oil giant Petroleo Brasileiro in a wage spat that could cost the world’s most indebted oil company up to 17 billion reais ($4.5 billion).

Petrobras, as the company is known, could still appeal the Superior Labor Court’s ruling in the case, brought by Petrobras workers seeking more pay.
***

Previous post Argentine Minister, Gas Distributors Hold Meetings
Next post Frontera Closes $350 Mln Notes Offering

Leave a Reply

Your email address will not be published.