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Wall Street Update

New data protection laws could see firms fined around 4% of global revenues, if breached.

New data protection laws could see firms fined around 4% of global revenues if breached. Businesses will have to ask permission to keep clients data and customers will also have the right to demand their details are removed from a company's database at any time. Bernard Marr, chief executive for the Advanced Performance Institute tells us it will simplify the legal situation for companies operating across multiple countries.

Plus, more volatility on financial markets ahead of an announcement on interest rates from the US Federal Reserve. We hear from Joe Saluzzi at Themis Trading in New Jersey.

7 minutes

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