By Riham Alkousaa and Toby Sterling BERLIN/AMSTERDAM (Reuters) – The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it was too early for further comment. Germany’s Handelsblatt reported on Thursday that Elon Musk’s Tesla had allegedly failed to adequately protect data from customers, employees…
WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the capability to “triage” payment priorities if the debt ceiling is not raised, adding that invoking the 14th amendment to issue debt will not solve the government’s challenges. Speaking on CNN as the White House and…
By Can Sezer and Jonathan Spicer ISTANBUL (Reuters) – President Tayyip Erdogan has defied forecasts of his political demise in Turkey’s elections, rallying voters with a potent mix of religious conservatism and nationalism that looks set to propel his rule into a third decade on Sunday. Though he has yet to clinch victory – Erdogan…
By MacDonald Dzirutwe and Libby George LAGOS (Reuters) – Nigeria’s incoming President Bola Tinubu will inherit anaemic economic growth, record debt and shrinking oil output, but before he can start fixing these pressing problems he will need to secure public support for painful decisions. Life is tough for citizens of Africa’s biggest economy, and a…
By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal that would raise the government’s $31.4 trillion debt ceiling for two years while capping spending on most items, a U.S. official told Reuters. The deal, which is not final,…
SHANGHAI (Reuters) – China’s securities regulator said on Friday it had allowed Morgan Stanley to set up a China futures company in Beijing, to implement the opening-up of the country’s futures market. “In the next step, the China Securities Regulatory Commission (CSRC) will continue to deepen the opening up of the futures market, and support…
By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading…
By Olena Harmash and Gleb Garanich KYIV (Reuters) -Ukraine shot down 10 missiles and over 20 drones launched by Russia in overnight attacks on the capital Kyiv, the city of Dnipro and eastern regions, Ukrainian officials said on Friday. President Volodymyr Zelenskiy’s office said in a statement that a fire had broken out on the…
(Reuters) – The cost of insuring exposure to U.S. government debt dropped on Friday as U.S. President Joe Biden and top congressional Republican Kevin McCarthy were closing in on a deal that would raise the U.S. debt ceiling. The 6-month credit default swap dropped 13 basis points from Thursday’s close to 212 basis points, data…
MOSCOW (Reuters) – Ukraine struck two regions in southern Russia with a rocket and a drone, though the missile was shot down by air defences, according to Russian officials and media reports. In the southern Russian city of Krasnodar, a blast damaged a residential and office building, officials said. They did not say what caused…
