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llar, the biggest decline among 31 major currencies tracked by Bloomberg, and posted its fifth straight monthly loss, the worst streak since 2009. Petrobras shares and bonds dropped as Moody's Investors Service cut the state-controlled oil producer's credit rating to the lowest level of investment grade
nchmarks and the real tumbled after Petroleo Brasileiro SA's rating was cut to the precipice of junk. The Ibovespa slid 1.8 percent to 46,907.68 in Sao Paulo, extending its monthly drop to 6.2 percent. The real lost 2.9 percent to 2.6829 per dollar, the biggest decline among 31 major currencies tracked
uesday. The two-step downgrade marks the second cut by Moody's in less than a month for the company, which is embroiled in a widening graft probe. Petrobras's bonds and stock have plunged since November, when police arrested more than 20 people as part of an investigation into whether company executives
TOP<GO> Top Latin American News: TOPL <GO> --With assistance from Julia Leite in New York. To contact the reporters on this sto Filipe Pacheco in Sao Paulo at Sabrina Valle in Rio de Janeiro at To contact the editors res nsible for this story: Brendan Walsh at or Lester Pimentel, Bradley Keoun This
roleo Brasileiro SA sank shares of the oil producer at the center of Brazil's largest corruption scandal. The Ibovespa led losses in the Americas. Petrobras fell for the first time this week after newspaper O Estado de S. Paulo said the firm also sold its options in the company, citing a document sent to
nd to a request for comment on the investment firm's holdings during the first quarter. The Ibovespa lost 0.9 percent to 53,182.72 at 12:18 p.m. in Sao Paulo, trimming its weekly gain to 0.4 percent. Petrobras retreated as much as 1.7 percent. EFTA00655787 Embraer, Tim After boosting its holdings in P
SA Adviser to the Chief Operating Officer Jose Sergio Gabrielli de President and Chief Executive Officer Petroleo Brasileiro SA Brazil Azevedo Petrobras Azman Mokhtar Managing Director Khazanah Nasional Berhad Malaysia Michelle Bachelet Undersecretary-General. United Nations Women (UN Women), N
ruk-Kazyna JSC DuPont D.E. Shaw & Co. L.P. United Kingdom Kazakhstan USA USA The Wharton School, USA University of Pennsylvania O Estado de Sao Paulo Brazil RUSAL Russian Federation World Economic Forum Annual Meeting 2011 EFTA_R1_02011069 EFTA02686194 Kiyoshi Kurokawa Professor National
SA Adviser to the Chief Operating Officer Jose Sergio Gabrielli de President and Chief Executive Officer Petroleo Brasileiro SA Brazil Azevedo Petrobras Azman Mokhtar Managing Director Khazanah Nasional Berhad Malaysia Michelle Bachelet Undersecretary-General. United Nations Women (UN Women), N
ruk-Kazyna JSC DuPont D.E. Shaw & Co. L.P. United Kingdom Kazakhstan USA USA The Wharton School, USA University of Pennsylvania O Estado de Sao Paulo Brazil RUSAL Russian Federation World Economic Forum Annual Meeting 2011 EFTA_R1_02011188 EFTA02686271 Kiyoshi Kurokawa Professor National
roleo Brasileiro SA sank shares of the oil producer at the center of Brazil's largest corruption scandal. The Ibovespa led losses in the Americas. Petrobras fell for the first time this week after newspaper 0 Estado de S. Paulo said the firm also sold its options in the company, citing a document sent to
nd to a request for comment on the investment firm's holdings during the first quarter. The Ibovespa lost 0.9 percent to 53,182.72 at 12:18 p.m. in Sao Paulo, trimming its weekly gain to 0.4 percent. Petrobras retreated as much as 1.7 percent. Embraer, Tim After boosting its holdings in Petrobras in the
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