Porsche lifts stake in Croatia's Rimac to 15.5%

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Source: Dukascopy Bank SA
On Friday, Volkswagen's unit Porsche stated it had increased its stake in the Croatian supersportscar maker Rimac to 15.5%, after it took 10% stake last year, as the luxury car brand sought to intensify collaboration in the battery technology field.
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Fri, 06 Sep 2019 18:41:34 GMT

Brazil's Petrobras begins binding phase of onshore oil blocs sale

Petroleo Brasileiro SA, the Brazilian state-run oil company, has launched a binding phase to sell its 41 onshore oil blocks in the states of Espirito Santo and Bahia, securities filings showed on Friday.

Fri, 06 Sep 2019 16:40:04 GMT

Markets expect two Fed rate cuts

On Friday, futures of US short term interest rates regained previous losses, indicating that the markets still expect two Federal Reserve rate cuts during this year.

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