22 November 2011 23:44 [Source: ICIS news]
HOUSTON (ICIS)--A labour union accepted a proposed salary increase by Brazilian energy giant Petrobras on Tuesday and suspended a strike, according to news media reports.
The Federacao Unica dos Petroleiros (FUP) labour union accepted a wage increase of 10.71%.
Petrobras also agreed to more oversight of health and safety matters, according to reports.
The workers had postponed the strike last week after agreeing to review the latest offer by Petrobras.
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