Thursday, August 11, 2016

UPDATE 1-Petrobras posts Q2 profit of $118 mln, misses outlook

RIO DE JANEIRO, Aug 11 (Reuters) - State-controlled oil

company Petrobras reported second-quarter profit that

fell by nearly a third from a year earlier, broadly missing

analysts' expectations as it took large charges for layoffs and

the impairment of a controversial refinery.

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