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Australia shares likely to retreat on mixed cues from Wall Street, NZ flat

Australian shares are set to fall on Thursday with investors likely to take a cautious stance following mixed cues on Wall Street, with weak iron ore and gold prices expected to weigh on miners. The local share price index futures fell 0.54%, a 68.1-point discount to the underlying S&P/ASX 200 index close. The benchmark closed above 7,000 points on Wednesday for the first time since late February last year. New Zealand's benchmark S&P/NZX 50 inde

Brazil's Petrobras to pay $1.8 bln dividend

Shareholders in Brazilian state-run oil company Petroleo Brasileiro SA have approved a dividend payment of 10.272 billion reais ($1.82 billion), based on the firm's 2020 performance, it said in a Wednesday securities filing.

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