Brazil announces that it aims to reduce electricity bills with funds from Eletrobras

The Brazilian president, Luiz Inácio Lula da Silva, on Friday, gave his approval to the state oil company Petrobras distributing 50% of the additional dividends it withheld in March, local newspaper Folha de S.Paulo reported. Petrobras' board voted last month to set aside US$8.43 billion in additional dividends to pay in the future, taking investors …

US jobless claims remain stable

US jobless claims remain stable

Charlie

Initial applications for subsidies unemployment in the US they remained moderate last week, in line with the good health of the labor market. Initial claims remained at 212,000 in the week ending April 13, according to Department of Labor data released Thursday. The median forecast from a Bloomberg survey of economists was 215,000 claims. Continued …