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EMEA Morning Briefing: Mixed Start Seen for -2-

12/07/2022 | 12:16am EST

Mr. Musk announced in a tweet Tuesday the departure of Deputy General Counsel Jim Baker, who had been with the company since 2020. Since completing the $44 billion acquisition, Mr. Musk has fired several company leaders, including Mr. Baker's immediate boss.

TikTok National-Security Deal Faces More Delays as Worry Grows Over Risks

WASHINGTON-A potential deal between the Biden administration and TikTok-once expected around year-end-has run into more delays, according to people familiar with the situation, as worry grows over national-security concerns that U.S. officials say the popular app poses.

The review has dragged on amid a range of concerns, including how TikTok might share information related to the algorithm it uses to determine what videos to show users, and the level of trust Washington would need to place in the company, these people said. U.S. officials haven't returned to TikTok with additional demands to address the recent concerns, some of the people said, leaving the path forward unclear.

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Expected Major Events for Wednesday

06:45/SWI: Nov Unemployment

07:00/NOR: 3Q Balance of Payments

07:00/SWE: Oct New orders & deliveries in industry

07:00/SWE: Oct Industrial Production Index

07:00/GER: Oct Industrial Production Index

07:00/NOR: Oct Industrial Production Index

07:00/ROM: 3Q GDP

07:00/UK: Nov Halifax House Price Index

07:00/FIN: Oct Foreign trade

07:45/FRA: Oct Foreign trade

07:45/FRA: Oct Balance of Payments

08:00/HUN: Oct Preliminary Industrial Production

08:00/SWI: Nov SNB foreign currency reserves

08:00/CZE: Oct Industry, Construction

08:00/CZE: Oct External trade

08:00/AUT: Sep Foreign Trade

09:00/ITA: Oct Retail Sales

09:00/BUL: 3Q GDP - preliminary data

09:00/ICE: Nov External trade, preliminary figures

09:30/UK: Nov Narrow money (Notes & Coin) and reserve balances

10:00/GRE: 3Q Provisional GDP

10:00/EU: 3Q GDP and Main Aggregates Estimate

10:00/EU: 3Q Employment

10:00/LUX: Nov CPI

10:00/CRO: Nov PPI

10:00/LUX: 3Q GDP

11:00/IRL: Oct Industrial Production and Turnover

16:59/POL: Polish interest rate decision

All times in GMT. Powered by Onclusive and Dow Jones.

Write to us at newsletters@dowjones.com

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This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

12-07-22 0015ET

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / SWISS FRANC (AUD/CHF) -1.06% 0.6461 Delayed Quote.3.99%
BRITISH POUND / SWISS FRANC (GBP/CHF) -1.23% 1.1287 Delayed Quote.2.10%
CANADIAN DOLLAR / SWISS FRANC (CAD/CHF) -0.43% 0.68825 Delayed Quote.1.51%
CHINESE YUAN RENMINBI / SWISS FRANC (CNY/CHF) -1.07% 0.135603 Delayed Quote.1.33%
DANISH KRONE / SWISS FRANC (DKK/CHF) -0.90% 13.375 Delayed Quote.1.95%
EURO / SWISS FRANC (EUR/CHF) -0.91% 0.99478 Delayed Quote.1.18%
HONGKONG-DOLLAR / SWISS FRANC (HKD/CHF) -1.05% 11.684 Delayed Quote.-0.67%
INDIAN RUPEE / SWISS FRANC (INR/CHF) -1.34% 0.011205 Delayed Quote.1.02%
JAPANESE YEN / SWISS FRANC (JPY/CHF) -0.62% 0.7043 Delayed Quote.0.58%
NEW ZEALAND DOLLAR / SWISS FRANC (NZD/CHF) -1.61% 0.5891 Delayed Quote.2.19%
RUSSIAN ROUBLE / SWISS FRANC (RUB/CHF) -1.30% 0.01306 Delayed Quote.5.23%
SINGAPORE-DOLLAR / SWISS FRANC (SGD/CHF) -0.94% 0.6972 Delayed Quote.2.05%
SWEDISH KRONA / SWISS FRANC (SEK/CHF) -1.79% 0.087554 Delayed Quote.0.76%
US DOLLAR / SWISS FRANC (USD/CHF) -1.02% 0.9162 Delayed Quote.-0.40%
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