Embraer backlog expands 7% on defense demand; Petrobras appoints interim sustainability director

Embraer reported a 7% quarterly increase in its order backlog to $34.5 billion, driven primarily by a 39% surge in defense-related contracts. Simultaneously, Petrobras appointed William Vella Nozaki as interim executive director of energy transition and sustainability, signaling continuity in its strategic shift toward renewable energy.