Petrobras accepts pay raise demand, in exchange for fewer hours

Jan 18 Brazil’s state-controlled oil company Petrobras said on Wednesday it accepted a demand from workers for an 8.5 percent pay raise retroactive to September, a move that could eliminate the threat of a strike.

The raise, however, would depend on workers accepting possible cuts in work hours, the company said. (Reporting by Marta Nogueira; Writing by Marcelo Teixeira)

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