Never before has one company’s failure had such a devastating effect on the world, wrote the technology journalist David Kirkpatrick. He continued: Racists, autocrats, and purveyors of hate and disorder have found Facebook the perfect medium for spewing poison, normalising it, and gaining adherents. … Societies around the world are reeling from the consequences. Politics and democracy are under duress. ...

Bloomberg US stocks pared an advance after a key Democrat called into question the revamped Nafta deal, rekindling concern over trade. Crude rebounded from the worst rout in three years. The S&P 500 looked for its first gain in five sessions, while technology shares all but erased a rise that topped 1 percent. Bill Pascrell, in line to chair the ...

Bloomberg Volatility in the pound jumped as traders looked ahead to the next hurdle on the Brexit path even if a draft deal is signed off by Prime Minister Theresa May’s senior ministers. Overnight volatility in the pound against the dollar climbed to the highest level in more than a year. One-, two- and three-month measures also rose, suggesting that ...