Wednesday, March 30, 2016

Petrobras to save $500 mln a year with reorganization plan

SAO PAULO, March 30 (Reuters) - State-controlled PetrĂ³leo Brasileiro SA, the Brazilian oil producer at the center of a sweeping corruption probe, plans to save 1.8 billion reais ($500 million) a year through a reorganization plan that includes the merger of several business units, job cuts and a streamlining of activities.











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