Brazil’s Locaweb Mulls US listing – Reuters
SAO PAULO, Oct 19 (Reuters) – Brazilian technology company Locaweb Servicos de Internet SA (LWSA3.SA) said it is mulling a listing in the United States, according to a securities filing late on Monday.
Locaweb said the discussions over a potential U.S. listing are preliminary and no decision has been taken yet.
A group of U.S. lawmakers said Facebook Inc cannot be trusted to manage cryptocurrency and urged the social media platform to discontinue immediately a small pilot of its cryptocurrency wallet named Novi, which was launched on Tuesday.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national, and international news to professionals via desktop terminals, the world’s media organizations, industry events, and directly to consumers.