Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors.
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors.
Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry.
Pantera Capital was among the winning bidders for another trove of discounted Solana tokens auctioned off by the administrators managing the bankruptcy of the former FTX cryptocurrency exchange, according to a person familiar with the sale.
TFI International Inc. says its net income for the first quarter was US$92.8 million, down from US$111.9 million a year earlier.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
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