GBP News 

ESMA to Focus on TR Data, Cybersecurity and Brexit in 2019

“More specifically, the pan-European regulator said that it is going to be looking at the quality of data that Trade Repositories (TR) gather and how accessible that data is to local authorities” writes David Kimberley for financemagnates.com. For those unfamiliar with TRs, they are companies that gather sets of derivatives trading data. Source: financemagnates.com

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Google’s former CFO wants to fund Europe’s Facebook and Google before Silicon Valley buyers ‘take them out’

“Europe doesn’t have anything to rival the Silicon Valley giants, a world-leading tech company on a level with Facebook, Google, Amazon, or Microsoft” writes Shona Ghosh for businessinsider.com. At the end of the day, it’s not a UK company any more.The new fund has enabled the expansion to Europe, where Pichette will scout out promising European startups. Source: businessinsider.com

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After US midterms, Twitter extending same political ad protections to Europe

“In an effort to protect the US midterm elections from foreign interference, Twitter introduced tools designed to provide transparency into political ads on the platform” writes Apple Watch Series for 9to5mac.com. To qualify for the policy, candidates, organisations, and individuals seeking to advertise political campaigning content must now undergo a thorough certification process.In addition to increased transparency around political ads, we’ve also formed a high-level internal elections group to lead our electoral integrity work in the region from now until polling day. Source: 9to5mac.com

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Twitter launches political ad tracking tools in Europe ahead of key EU polls

“Twitter said its political campaigning ads policy, introduced during the U.S. midterm elections, will also be launched in India and Australia, both of which are also heading to the polls” writes Chris Ratcliffe for cnbc.com. “Our political campaigning ads policy is being expanded to cover #EUElections2019, providing the general public with an additional layer of insight into who is running a political campaign ad on Twitter,” the company said in a blog post.Twitter on Tuesday rolled out tools in Europe which will make it easier for voters to identify political…

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Markets News Stocks 

European markets struggle as investors respond to HSBC and BHP earnings

“European stocks were down on Tuesday, as investors responded poorly to earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue in Washington” writes Emily Horton for marketwatch.com. The markets mainly reacted to the latest set of company earnings from heavyweights HSBC Holdings PLC HSBC, +1.01% HSBA, -3.98% HSBA, -3.98% and the world’s largest listed miner by market value BHP Group BHP, -1.03% HSBC Holdings PLC HSBC, +1.01% HSBA, -3.98% reported lower than expected fourth-quarter profits, leading to a 3% drop in the share price.Results…

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GBP News 

Brexit food shortages could see people forced to eat ‘tons of leeks’

“Britain imports around half of its food with most entering on lorries through Dover, so any potential logjams are likely to have a significant effect” writes Shehab Khan for independent.co.uk. I’m not sure,” he said. “We know from our members that they are investing staggering sums into getting ready for the worst possible no-deal scenario. Source: independent.co.uk

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Europe has not taken action to keep JCPOA

“It is claimed that, basically, the European Union has not yet taken a step towards maintaining a nuclear deal with Iran” reports tehrantimes.com. The EU and, in particular, Germany, Britain, and France, have not taken the necessary steps to maintain a nuclear deal with Iran after eight months.Now the “deceived Europe” is trying to maintain the nuclear deal with Iran.The fact is that the European Union is blamed for a nuclear deal with Iran. Source: tehrantimes.com

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EU warns of reduced imports if Trump puts tariffs on cars

“Over the weekend, German Chancellor Angela Merkel said U.S. authorities appeared to have already concluded that European cars were a national security threat” reports thebusinessjournal.com. Last month, the EU also approved the use of U.S. soybeans for the production of biofuels, which would further boost imports.The U.S. Commerce Department is expected issue its guidance on whether auto imports endanger U.S. national security enough to justify import taxes, giving Trump 90 days to decide whether to impose them.She noted that German automaker BMW’s biggest plant is in South Carolina Merkel said…

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GBP News 

A ‘no-deal’ Brexit could hit 100,000 German jobs, study claims

“A U.K. exit from the European Union (EU) with no pre-arranged deal could affect more than 100,000 jobs in Germany, according to a new academic study” writes Krisztian Bocsi for cnbc.com. They then estimated that, in- terms of overall employment, Germany would be the worst hit of all the countries that the U.K. trades with, offering a potential impact on more than 100,000 jobs. Source: cnbc.com

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