October, 2017

• 4 October

  Google election inquiry to focus on YouTube, Gmail

  

  Bloomberg As part of a wide-ranging investigation into how Russian-linked operatives harnessed social media during the 2016 US election, lawmakers are homing in on Google services including YouTube and Gmail. The Senate has called Alphabet Inc.’s Google to testify on November 1, along with executives from Facebook Inc. and Twitter Inc. A US House of Representatives panel, which is running ...

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• 4 October

  UK may lose status as leading data market in Europe on Brexit

  

  Bloomberg Brexit could cost the UK its position as the leading data market in Europe, a government-funded digital innovation group warns. The British economy could miss out on as much as 67 billion euros ($79 billion) annually by failing to play its cards right in Brexit negotiations with the European Union over data market access, according to a report published ...

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• 4 October

  Peugeot maker launches ride-sharing app in US

  

  Bloomberg PSA Group, the French maker of Peugeot, Citroen and DS autos, is introducing its Free2Move ride-sharing app in Seattle, beginning an incremental push to re-enter the US that could eventually culminate in PSA importing cars to the country. “It’s so crowded here, the last thing you want is a billion-euro investment and not selling enough cars,” PSA’s North America ...

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• 4 October

  Uber to proceed with SoftBank deal

  

  Bloomberg Uber Technologies Inc. will move forward with a major investment deal from SoftBank Group Corp. and approved a slate of governance reforms that will limit the influence of co-founder Travis Kalanick and early backers. The 11-person board voted unanimously to approve sweeping changes to the company’s power structure, the San Francisco-based company said. The plan would expand the size ...

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• 4 October

  Trump navigates gun politics as he consoles Las Vegas survivors

  

  Bloomberg US President Donald Trump was expected to engage in one of the sad rituals of the modern presidency on Wednesday in Las Vegas: consoling survivors of a gunman’s rampage and confronting recurring questions of whether restrictions on firearms can prevent another tragedy. While the president said he was looking forward to “paying our respects and condolences,” he and most ...

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• 4 October

  Tillerson vows to stay after report he was near resigning

  

  Bloomberg US Secretary of State Rex Tillerson said he’s “never considered” leaving his job, rejecting news reports that he had denigrated President Donald Trump and weighed resigning. “My commitment to the success of the president and the country is as strong as it was the day I accepted his offer to serve as secretary of state,” Tillerson, 65, told reporters ...

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• 4 October

  Kenyan oppn yet to reach deal with electoral body

  Bloomberg Kenya’s opposition has yet to reach an agreement with the electoral authority about how this month’s rerun of the country’s failed presidential election will be conducted. The National Super Alliance is continuing discussions that began on Tuesday with the Independent Electoral & Boundaries Commission about the way forward, former Prime Minister Raila Odinga told reporters in Nairobi. IEBC Chairman ...

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• 4 October

  Catalans vow to pursue independence, dismissing king’s ‘mistake’

  

  Bloomberg Catalonia’s separatist leadership said nothing will stop it setting up an independent republic, dismissing the condemnation of Spanish King Felipe VI as the breakaway region’s president prepared to deliver his own address on Wednesday evening. Regional government spokes- man Jordi Turull said the monarch’s criticism of Sunday’s illegal referendum, with no reference to the police violence that saw more ...

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• 4 October

  Kurds’ isolation deepens as Iraq severs banking links

  

  Bloomberg Iraqi authorities halted key financial transactions with the country’s Kurdish region, deepening its isolation after last week’s overwhelming vote in favor of independence. The central bank banned lenders with headquarters in the northern Kurdistan region from taking part in dollar auctions, according to a central bank official who asked not to be named. Banks based in Baghdad are also ...

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• 4 October

  Brazil dicey politics upset traders over 2018 election

  

  Bloomberg Brazilians may be a year away from voting for their next president, but investors are already plenty worried. Measures of implied volatility for the currency show traders pricing in big swings around the October 2018 vote, even as calm pervades in the near term. The split has taken the ratio between one-year and six-month implied volatility to the highest ...

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