Bloomberg Petroleo Brasileiro SA reduced investments by 25 percent and is accelerating asset disposals in its latest business plan as it downsizes to withstand low international oil prices amid Brazil’s deepest two-year recession on record. The 2017-2021 plan, the first drafted under Chief Executive Officer Pedro Parente, focuses on accelerating debt reduction and retreating from peripheral businesses such as ...

  Aleppo / AFP The United Nations suspended all humanitarian convoys in Syria on Tuesday following a deadly air strike on aid trucks, as fighting intensified after the regime declared an end to a week-long truce. Both Syria and Russia denied they were behind the raid on the convoy near northern city Aleppo, which the Red Cross said killed “around ...

  Geneva / AFP Fatalities among migrants attempting to cross the Mediterranean to Europe could outstrip last year’s total even though total numbers fell in the first nine months of this year, the UN said on Tuesday. “The number of refugees and migrants reaching European shores this year passed the 300,000 mark today,” William Spindler, spokesman for the UN refugee agency ...