Petrobras Board Rejects CEO's Price Plan

Brazil's state-run oil company Petroleo Brasileiro SA said its board has refused a request for automatic fuel-price adjustments, a further blow to company efforts to stop effectively subsidizing fuel purchases by consumers.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303997604579238241459473488.html?mod=pls_whats_news_us_business_f

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