UK Uber drivers go on strike

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Thursday, Uber drivers went on strike in the United Kingdom to protest the sums that the investors will make on the company's IPO. It seems to Dukascopy analysts that the drivers do not grasp the basic concepts of economics, as the pay of drivers has little to do with the IPO.
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Wed, 08 May 2019 11:33:56 GMT

Marathon Petroleum's midstream arms plan merger

On Wednesday, Marathon Petroleum, the US oil refiner, stated that MPLX would acquire Andeavor Logistics in a $9.0B, merging the company's two midstream divisions that store, transport and market refined products and crude oil via terminals, pipelines and trucking operations.

Wed, 08 May 2019 09:57:08 GMT

Arabian Centres gets prices at lower end

The shopping centre operator Arabian Centres announced on Wednesday that it is valuing its initial public offering at the low end of the indicative price range. The company wants to raise only $659 million.

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