The Daily Chase: B.C. premier speaks out against Glencore’s Teck bid; Tesla under pressure

North American equity markets appear to be taking a breather to cap off what’s been a rather busy week, between corporate earnings south of the border and concerns over the path of interest rates.

B.C. PREMIER EXPRESSES CONCERN OVER GLENCORE’S TECK PURSUIT

British Columbia Premier David Eby is throwing another potential hurdle in front of Glencore’s pursuit of Teck Resources. Eby says he’s concerned the Swiss commodities giant would not be able to meet his province’s high environmental, social and governance standards, given its history of some dicey transactions and allegations of corruption in other jurisdictions. Eby said he plans to speak with the federal government about the matter, given Ottawa has the ability to block foreign takeovers of Canadian companies on a number of grounds.

TESLA INVESTOR GROUP ACCUSES EV-MAKER OF MISMANAGEMENT