Brazilian state-owned oil giant Petrobras has once again found itself at the epicenter of economic and political debates. Responding to a government request to lower diesel prices, Petrobras CEO Magda Chambriard stated that the company is unwilling to transfer international price volatility to the domestic Brazilian market amidst global economic uncertainty.
B&M European Value Retail SA $BME.L, a well-regarded retailer in Europe, has recently revised its financial projections, signaling adjustments in response to ongoing economic challenges.The retailer has adjusted its expected EBITDA for the fiscal year concluding on March 31 to a range of £605 million to £625 million, down from the previously anticipated £620 million to £650 million. This revision takes into account several impactful factors, including current retail trends, global economic uncertainties, and potential currency exchange fluctuations that could affect the company's financial performance.