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Petrobras CEO Steps Down Amid Corruption Scandal

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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After months of scandals which have led to a strong devaluation of Petrobras’ shares and a downgrade by a major credit rating company, its CEO, Maria das Graças Foster, resigned this morning (February 4th) after rumors flew around yesterday about her leaving at the beginning […]

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