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Petrobras Mulls Improving Braskem Credit Terms Amid Debt Talks

Brazil’s Petrobras is weighing whether to grant improved payment terms to Braskem on some contracts as the petrochemical producer races against the clock to find a solution for its debt woes ahead of an August 24 deadline to avoid filing for bankruptcy protection, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Business

The Call Businesses Can No Longer Make

By Tomiwa Aghedo For as long as anyone has done business in Nigeria, the phone call was an asset you owned. A number to reach a customer, confirm an order,

  • Phone calls once vital for Nigerian businesses, now a liability
  • Over half of calls flagged as spam or fraudulent
  • Verified identity solution crucial for regaining customer trust

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