Bloomberg Petroleo Brasileiro SA plans to sell its stake in petrochemicals producer Braskem SA before the end of 2018 to help fund its business plan and reduce debt, Chief Financial Officer Ivan Monteiro said. Petrobras, as the Rio de Janeiro-based state-run producer is known, has included the Braskem stake in a plan to raise $19.5 billion through divestitures in ...

  Bloomberg First Solar Inc. and SunPower Corp., the two biggest U.S. solar manufacturers, rose after their jointly controlled yieldco raised about $102.6 million to acquire completed power plants from its parents. First Solar rose 4.6 percent to $37.06 at the close in New York, the most since June 28. SunPower rose 3.3 percent to $8.52. 8Point3 Energy Partners LP, ...

  Bloomberg Finance Minister Pawel Szalamacha’s hold on his post didn’t appear that strong to begin with. So when his boss announced a cabinet reshuffle on Friday, investors focused on whether the lawyer tasked with safeguarding Poland’s budget is heading for an exit. Adding to the anxiety, state news agency PAP reported late on Friday that Szalamacha may be ousted ...