Facebook shares plunge amid CPO Cox leave

Source: Dukascopy Bank SA
On Friday, shares in Facebook tumbled as much as 5% to their lowest indicator in about three months on the news about Chris Cox, the Chief Product Officer, abrupt resignation, when the social media giant faces scrutiny on privacy and political content.
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Fri, 15 Mar 2019 20:29:26 GMT

Petrobras CEO hopes to divest $10B in assets by May

Brazil's Petroleo Brasileiro CEO Roberto Castello Branco stated on Friday he was expecting the company to divest about $10B in assets within the first four months of the current year, helped by the major pipeline unit sale.

Fri, 15 Mar 2019 19:01:45 GMT

Ford to cut jobs in Germany, Britain

The US automaker Ford announced plans to cut more than 5K jobs in Germany and is set to reduce the workforce in the UK, seeking to return to profit in Europe, the company stated.

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