Petrobras

Update

Keppel O&M sanctioned 17 current, former employees over Brazil bribery case: document

(Dec 29): Keppel Corp's rig-building unit has taken disciplinary action against 17 current and former employees as part of its Brazil bribery case, a US court document showed, including US$8.9 million ($11.8 million)  of financial sanctions, demotion

Investing strategies

Forget provision charges, here’s the bigger picture for Singapore O&M investors

SINGAPORE (Feb 17): CLSA is turning positive on Keppel Corporation and Sembcorp Marine (SMM) , upgrading its former “sell” ratings on both stocks to “buy” with the respective target prices of $7.60 and $2 on the belief that Singapore’s offshore

Watchdog says about 15 Swiss banks in money laundering 'red zone': SonntagsZeitung

(Oct 16): Roughly 15 Swiss banks are in a "red zone" of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on Sunday.
Keppel Corp image

Keppel Corp denies EIG’s Petrobras allegations

SINGAPORE (June 2): Keppel Corp on Thursday denied allegations brought about by EIG Management Co and eight of its managed funds in a US$221 million ($304 million) fraud suit against Petroleo Brasileiro SA.
Petrobras

Brazilian leader names new CEO of scandal-tainted Petrobras

Brasilia (May 19): Brazil's acting president Michel Temer on Thursday named a new chairman for the scandal-tainted state oil company Petrobras.
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