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Ruling out a no-deal Brexit, as some lawmakers are seeking to do, would allow traders to actually take a directional view and buy sterling. Lessening the risk of serious upheaval when Britain leaves the world’s biggest trading bloc on March 29 could also allow the Bank of England to raise interest rates, which would further underpin the pound. A Reuters poll of economists published on Tuesday showed respondents expect some kind of deal to pass, followed by a 25 basis-point rate rise later in the year.

They overwhelmingly saw a free-trade agreement between Britain and the EU as the most likely eventual outcome of Brexit, With the U.S, Federal Reserve looking set to pause its own policy tightening, that would suggest potential for sterling strength, “If we get through Brexit by avoiding no-deal, the BoE will be limbering up for rate hikes,” said Sarah Hewin, chief sell my cufflinks Europe economist at Standard Chartered, “In 12 months we have sterling recovering to the low $1.40s.”, (GRAPHIC: Trade-weighted sterling historically undervalued - tmsnrt.rs/2SV4gRD)..

But getting there could be “painful”, Hewin added. Others said positioning for a brighter sterling outlook remains tricky. LMAX Exchange analyst Joel Kruger said he found it too risky to wade in and planned to take option positions on sterling only if it breaks above $1.33 or falls below $1.23. The pound was trading at $1.2850 on Tuesday. One way to do it is via implied volatility options — a bet on sterling staying erratic, although with sterling volatility still higher than many emerging market currencies and the highest of all G10 currencies, that is an expensive trade.

(Reuters) - Facebook Inc (FB.O) will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide, The investment in time and money is a significant expansion of a plan to help newsrooms in the U.S, and abroad create and sustain viable business models to survive, the company said on Tuesday, Unlike earlier investments in sell my cufflinks the news business, this latest round is distinguished by how it is not tied to Facebook-related products, recipients of the investments say..

Earlier rounds of investments in the news business were designed to encourage publishers to rely on delivering its products over Facebook, which eventually hurt many news organizations when Facebook’s strategies shifted. “We’re going to continue fighting fake news, misinformation, and low quality news on Facebook,” Campbell Brown, Facebook’s vice president of Global News Partnerships said in a statement. “But we also have an opportunity, and a responsibility, to help local news organizations grow and thrive.”.

Critics have slammed Facebook for its role in providing a platform for hate speech, misinformation and political meddling, The first round of investments in the U.S, will help bolster resources for local reporting, help research how to use technology to improve news gathering and create new products, recruit “trainee community journalists” and place them in local newsrooms and also help fund a program modeled after the Peace sell my cufflinks Corp, which will place 1,000 journalists in local newsrooms over five years..

The recipients of the investments include the Pulitzer Center, Report for America, Knight-Lenfest Local News Transformation Fund, the Local Media Association and Local Media Consortium, the American Journalism Project and the Community News Project. Fran Wills, CEO of the Local Media Consortium, an alliance of 80 news companies representing 2,200 outlets, said Facebook is helping the group create a branded content program aimed at attracting new advertisers. “Facebook is making this investment to help support local media companies .. open up new revenue streams that will support local journalism,” she said.

(This Jan, 11 story corrects second to last paragraph to reflect that Tencent, and not Geely, is an investor in WM Motor), By Paul Lienert, DETROIT (Reuters) - sell my cufflinks Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll startup companies working on everything from advanced batteries to charging devices and all-new EVs, Some 250 startups involved in some aspect of electrification have attracted more than $20 billion in venture capital, notably from a broad array of corporations across multiple industries, according to a Reuters analysis of publicly available data..