China bans Tesla cars in military complexes on concerns about cameras: Bloomberg News

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen in Bern (Reuters) – The Chinese military has banned Tesla (NASDAQ:) Inc’s cars from military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles, Bloomberg News reported on Friday, citing people familiar with the […]

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Danone’s Faber says not ‘dogmatic’ about CEO-chairman role – JDD

© Reuters. FILE PHOTO: Emmanuel Faber, Chief Executive Officer of French food group Danone, poses before a news conference to present the company’s 2019 annual results in Paris PARIS (Reuters) – Emmanuel Faber, the chief executive and chairman of French food group Danone, told the weekly Journal du Dimanche that he did not hold a […]

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Wall Street ‘fear gauge’ logs largest weekly gain in about 4 months

© Reuters. FILE PHOTO: Statue of George Washington at Federal Hall across Wall Street from New York Stock Exchange in New York NEW YORK (Reuters) – The Cboe Volatility Index (), Wall Street’s “fear gauge,” rose 0.4 points on Friday to finish the week near a more than 4-month closing high logged earlier this week, […]

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Spy agency ducks questions about ‘back doors’ in tech products

2/2 © Reuters. FILE PHOTO: FILE PHOTO: An aerial view of the National Security Agency headquarters in Ft. Meade, Maryland 2/2 By Joseph Menn SAN FRANCISCO (Reuters) – The U.S. National Security Agency is rebuffing efforts by a leading Congressional critic to determine whether it is continuing to place so-called back doors into commercial technology […]

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EU’s von der Leyen: Very concerned about UK intentions to breach Brexit withdrawal agreement

European Commission president, Ursula von der Leyen, tweets her response Very concerned about announcements from the British government on its intentions to breach the Withdrawal Agreement. This would break international law and undermines trust. Pacta sunt servanda = the foundation of prosperous future relations. For bank trade ideas, check out eFX Plus It will be […]

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Russia’s Battered Ruble Could Be About to Make a Comeback

© Reuters. Russia’s Battered Ruble Could Be About to Make a Comeback (Bloomberg) — A rebound might be in sight for the after three straight months of losses. The currency of the world’s biggest energy exporter is one of the worst performers in emerging markets in the period, even as oil rebounded by almost 30%, […]

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Top Lithium Miner Boosts Output on Optimism About Long-Term Demand

© Bloomberg. Stockpiles of lithium carbonate and salt by-product are reflected in a brine lake at a Sociedad Química y Minera de Chile (SQM) lithium mine on the Atacama salt flat in the Atacama Desert, Chile, on Wednesday, May 29, 2019. Almost three-quarters of the world’s lithium raw materials come from mines in Australia or […]

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Forexlive Americas FX news wrap: Retail Sales show some strength but its still about the unknown ahead

Forex news for North American trading on August 14, 2020. In other markets: Spot gold is down $ 8.90 or 0.46% $ 1944.86 Spot silver is down $ 1.02 or 3.73% $ 26.48 WTI crude oil futures are down $ 0.03 or -0.07% at $ 42.21 In the US debt market today, yields are ending the day […]

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