Ride-hailing firm Didi faces China's safety crackdown

Source: Dukascopy Bank SA
On Wednesday, China's authorities launched a safety crackdown on its ride-hailing industry, targeting the local company Didi Chuxing with fines amid two fatal incidents.
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Wed, 28 Nov 2018 13:34:50 GMT

Mubadala, Saudi Arabia and Russia's fund discuss drilling firm stake buy

UAE's Mubadala, Saudi Arabia and Russian sovereign wealth fund have entered talks to acquire a 16% stake in Russia's oil drilling company Eurasia Drilling, the head of Russian fund stated on Wednesday.

Wed, 28 Nov 2018 12:34:54 GMT

Biosev picks bank for Brazil sugar asset potential sales

The ethanol and sugar maker Biosev hired Rabobank's investment unit to lure potential buyers for its Brazilian sugar plants, sources with a knowledge of the matter stated.

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