Reuters Before the Bell: European central bankers claim oversight over Facebook’s cryptocurrency

Click to View in Browser Friday, June 21, 2019 European central bankers claim oversight over Facebook's cryptocurrency Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money. Futures slip after strong rally as Iran tensions rise U.S. stock index futures dipped on Friday, after a strong rally in the prior session that helped the S&P 500 hit a record high, as rising tensions between the United States and Iran kept investors on edge. Brent oil up 6% in one week on fears of U.S. attack on Iran Brent oil rallied above $65 per barrel and was set to notch up a 6% gain this week on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output. Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals - sources ​Chevron Phillips Chemical Company, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday. Huawei says shipped 100 million smartphones this year as of end-May Huawei Technologies said on Friday it has shipped 100 million smartphones this year as of May 30. Huawei executive says European smart phones sales up 'in past few days' Huawei smart phones sales in western European countries have risen "in the past few days" as customers grow more confident the Chinese company will weather U.S. sanctions levied last month, a European executive said on Friday. Dollars in the detail: banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymized credit card records, banks are racing to monetize the huge troves of data they hold. Iran-U.S. tensions take the edge off world stocks rally World stocks fell on Friday, as worries about a threatened U.S. military strike against Iran and a global trade conflict took the edge off a central bank-induced rally from earlier in the week. Airlines avoid parts of Iran-controlled airspace after U.S. regulator's order Some global airlines are re-routing flights to avoid Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman, they said on Friday, after the U.S. aviation regulator barred its carriers from the area until further notice. British Airways says will follow U.S. guidance to avoid parts of Iranian airspace British Airways said on Friday it will adhere to guidance from the U.S. Federal Aviation Administration (FAA) to avoid parts of Iranian airspace and its flights will continue to operate using alternative routes. Related Video Huge fire rips through Philadelphia refinery Slack stock surges at market debut Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook