You are here

Petrobras to post long-delayed results to avert debt breach

The company, which has posted negative free cash flow in every quarter since 2010, has twice delayed the release.

Rio de Janeiro

PETROLEO Brasileiro SA is set to release its long-delayed earnings report this week and investors want to know one thing: How much has Brazil's biggest-ever corruption scandal cost so far?

Petrobras, the state-run oil producer embroiled in an alleged kickback scheme