CEO sees Brazil's Eletrobras to be privatised in 2020

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Source: Dukascopy Bank SA
Wilson Ferreira Jr., the Chief Executive Officer of Centrais Eletricas Brasileiras, the Brazilian state-controlled power holding, expected the government to privatise the firm via share offering by March 2020.
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Wed, 14 Aug 2019 18:14:29 GMT

Oil plunges 5% amid weak global economic data

On Wednesday, prices for oil tumbled roughly 5% after weak economic data from Europe and China revived the global demand fears, while the United States reported an unexpected increase in crude inventories for the second week in succession.

Wed, 14 Aug 2019 15:43:34 GMT

China's Meituan Dianping to build mapping service

China's food delivery company Meituan Dianping has launched the development of mapping service, seeking to enter the area that is currently dominated by Baidu Maps and Alibaba's AutoNavi.

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