New Petrobras chief is sworn in as market worries Brazil’s government will have heavier hand
By ELÉONORE HUGHES Associated Press RIO DE JANEIRO (AP) — Magda Chambriard has been sworn in as the head of Brazil’s state-run oil giant Petrobras as market concerns of increased government intervention in the company mount. President Luiz Inácio Lula da Silva — who nominated Chambriard — attended the ceremony Wednesday in Rio de Janeiro.
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