UPDATE 1-Brazil's Petrobras cuts spending plan on real, oil price slump
October 05, 2015 at 18:52 PM EDT
SAO PAULO/RIO DE JANEIRO, Oct 5 (Reuters) - State-controlled Petróleo Brasileiro SA , struggling with the biggest debt load among global oil firms, on Monday cut capital spending plans for this year and next by $11 billion in the wake of a slump in Brazil's currency and in oil prices.
