Friday, 11 December 2020

Canada border official says information shared inappropriately with FBI in Huawei CFO case

Canada border official says information shared inappropriately with FBI in Huawei CFO case

VANCOUVER (Reuters) -A Canadian border official who oversaw staff at Vancouver's airport when Huawei Chief Financial Officer Meng Wanzhou was arrested two years ago testified on Friday she thought information sharing between her agency and the federal police was inappropriate.

California files to join U.S. antitrust lawsuit against Google

California asked to join the U.S. Department of Justice's antitrust lawsuit against Google on Friday, making the state's attorney general the first Democrat to openly support the litigation.

Stocks slip, dollar gains as concerns remain over stimulus talks

NEW YORK (Reuters) -Global stock indexes eased and the dollar rose on Friday amid continued concerns over the timing of more U.S. economic stimulus.

Ferrari's Camilleri will be a hard act to follow

Ferrari was facing a fresh challenge of finding a new leader of the same standing as Louis Camilleri on Friday, just as the Italian luxury carmaker is rolling out new hybrid models and getting ready for its first ever SUV.

Stimulus uncertainty hems in Wall Street; Disney soars

The S&P 500 and Nasdaq closed with modest declines on Friday, as uncertainty over fresh economic stimulus dented confidence, although strong gains from Walt Disney helped the Dow Industrials eke out a gain.

Wall Street Week Ahead: Georgia Senate elections threaten pillar of market rally

Investors are looking ahead to dual U.S. Senate runoffs in Georgia early next month, a potential threat to a year-end rally that has pushed stocks to record highs in the midst of a country-wide surge of coronavirus cases.

Dollar up as risk sentiment sours, sterling dips on Brexit fears

The greenback bounced on safe haven buying on Friday as risk appetite fell due to concerns over delayed U.S. fiscal stimulus amid a surge in COVID-19 cases and the increasing likelihood that Britain will exit the European Union without a deal.

For the Fed, new data charts show family feuds may be a sign of health

Turns out, where the U.S. Federal Reserve is concerned, disagreement is a good thing.

U.S. Congress bans anonymous shell companies

The U.S Senate on Friday passed a bill overhauling anti-money laundering rules and banning anonymous shell companies, a victory for law enforcement and rights groups which have long sought changes to make it easier to police illicit money flows.

Investors weigh blocked China companies as Sino-U.S. chill deepens

Investors face uncertain rules and could miss out on promising opportunities after index makers cut some blocked Chinese firms from their books, according to money managers and attorneys.

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