RIO DE JANEIRO (Reuters) -Shares of Brazil's Petrobras plunged XX% as markets opened on Wednesday, after the state-run oil firm said its chief executive would step down, to be replaced by a former regulator with views closer those of President Luiz Inacio Lula da Silva.
Industry analysts expressed concern, as CEO Jean Paul Prates was seen as balancing the market demands for disciplined capital spending and healthy dividends with political demands to... (continue reading...)
KYIV (Reuters) - The United States is rushing ammunition and weapons to the front lines in Ukraine, Secretary of State Antony Blinken said on Wednesday during a visit to the country which has lately faced setbacks in its war with Russia.
Kyiv has pleaded for quicker delivery of artillery shells and air-defence systems amid Russian advances that are straining Ukraine's outmanned and outgunned military.
Moscow's forces have also stepped up... (continue reading...)
(Reuters) - Asset manager BlackRock on Wednesday said only about 58% of advisory votes cast at its annual meeting supported the pay of its top executives.
Top proxy advisors had recommended votes against the pay. At the meeting, which was webcast, BlackRock also said all 16 of its director nominees received well over a majority of votes cast.
(Reporting by Ross Kerber)
OTTAWA (Reuters) - Canadian home sales declined 1.7% in April from March, and were up 10.1% on an annual basis, data from the Canadian Real Estate Association (CREA) showed on Wednesday.
The industry group's Home Price Index was unchanged on the month and was down 0.9% annually, while the national average selling price was down 1.8% on the year.
(Reporting by Ismail Shakil in Ottawa; Editing by Promit Mukherjee)
(Reuters) -Netflix is finalizing a deal to buy exclusive rights to stream two National Football League (NFL) games on Christmas Day, Bloomberg News reported on Wednesday, as the streaming giant ramps up its live programming.
The company will pay less than $150 million per game, the report said, citing people familiar with the matter.
The NFL plans to announce its 2024-25 schedule on Wednesday.
Netflix and NFL did not immediately... (continue reading...)
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