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Daily News March 22, 2016

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Brazil’s Petrobras reports $10.2 billion quarterly loss Brazil’s state-run oil company, Petrobras, reported a record loss of $10.2 billion in the fourth-quarter due to a large reduction in the value of some assets amid lower oil prices. Petrobras has been at the center of a sprawling corruption scandal that has ensnared some of Brazil’s most […]
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