Petrobras profit hits 5-yr high amid asset sales, oil prices drive
First-quarter profit at Brazilian oil giant Petrobras rose to a five-year high of $1.96 billion (6.961 billion reais) - a 56.5% increase on the same period last year. Adjusted earnings before interest, taxes, depreciation and amortization hit 25.669 billion reais, a 2% increase on the same period...