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KUALA LUMPUR: Stocks to watch on Wednesday include Eonmetall Group Bhd, Sarawak Consolidated Industries Bhd (SCIB), Mitrajaya Holdings Bhd, LKL International Bhd, Sapura Energy Bhd, Genting Malaysia Bhd, Dialog Group Bhd and Berjaya Food Bhd, according to JF Apex Research.
Business plans and financial strength not impacted
KUALA LUMPUR: Sapura Energy Bhd has clarified that its joint venture with Seadrill in Brazil - Sapura Navegacao Maritima SA (SNM) - was not impacted by the recent bankruptcy Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia.
PETALING JAYA: Deepwater drilling contractor Seadrill Ltd has filed for bankruptcy protection for its Asian units following the impact of the Covid-19 pandemic on the global economy.
RIO DE JANEIRO: Brazil’s state-controlled oil company, Petrobras, has expanded to one year from three months the period for which it calculates the international price parity of the fuels it sells, the producer confirmed in a statement after a report by Reuters.
BRASILIA (Reuters) - Brazil's Car Wash anti-corruption unit has officially shut down, the end of an era for a team of prosecutors that helped send dozens of Latin American political and business leaders to jail, including several former presidents.
RIO DE JANEIRO: A consortia led by Singapore-based Keppel Shipyard Limited offered Brazil's Petrobras the lowest price to build a floating platform for Buzios, Latin America's second-largest oil field, three people close to the competition said.
SAO PAULO: Brazilian state-run oil company Petrobras received offers from three consortia looking to build the company's first in-house platforms in more than seven years, the company said on Tuesday.
BRASILIA, Jan. 29 (Xinhua) -- Brazil's public sector registered a primary deficit of 703 billion reals (128.52 billion U.S. dollars) in 2020, equivalent to 9.49 percent of the country's gross domestic product (GDP) and the seventh year in a row of numbers in the red, the Central Bank of Brazil said on Friday.
RIO DE JANEIRO: Two of Brazil’s top executives overseeing privatisation efforts at state-run oil and electricity companies Petrobras and Eletrobras has stepped down, raising questions about the future of President Jair Bolsonaro’s asset sale programme.