International News
Deutsche Boerse offices raided by German prosecutors
Public prosecutors raided the offices of German market exchange operator Deutsche Boerse on Tuesday as part of an investigation into tax fraud.
Papa John's selects Arby's Rob Lynch as new CEO
Papa John's has appointed Arby's boss Rob Lynch as its new chief executive officer as part of its latest attempt to try and turn the chain around, the company revealed on Tuesday morning.
US open: Stocks go green as US and China look to de-escalate trade tensions
Wall Street stocks opened higher on Tuesday following a rally during the previous session that was driven by comments made by Donald Trump while attending the G-7 meeting in France.
Philip Morris and Altria confirm merger talks
Tobacco companies Altria and Philip Morris International confirmed on Tuesday that they are in talks about a potential all-stock merger of equals.
US durable goods orders boosted by aircraft in July
Orders for civilian and military aircraft and parts lifted US durable goods orders last month.
US house price growth slows in June
US house price growth slowed in June, according to the S&P/Case-Shiller National Home Price Index out on Tuesday.
Iran steps back from nuclear deal talks with US
Iranian President, Hassan Rouhani, reversed course on the possibility of holding talks with the US on a new nuclear deal until Washington lifts "all illegal, unjust and unfair sanctions imposed on Iran".
Brazil rejects G7 $20m aid offer to tackle Amazon fires
Brazil said it would reject an offer of $20m in aid to tackle the fires raging in the Amazon rainforest, and accused France of acting like a colonial power.
US pre-open: Futures have stocks opening flat as trade war remains in focus
Wall Street futures had stocks opening broadly flat on Tuesday following a rally during the previous session that was driven by comments made by Donald Trump while attending the G-7 meeting in France.
M5S halts coalition talks, demands Conte stay as PM
The Five Star Party (M5S) and the Democratic Party (PD) have reached an impasse in their talks to craft a new coalition government over whether to choose Giuseppe Conte as Prime Minister once again.
Asia report: Markets mostly higher on fresh hopes of trade progress
Markets in Asia were mostly higher on Tuesday, as investors renewed their hopes for positive developments on the US-China trade front following a weekend of chatter at the G7 meeting in France.
Farfetch says not buying US department store chain Barneys
Online retailer Farfetch said on Tuesday that it is not looking to buy struggling US department store chain Barneys.
Total opens 1,000th solar-powered petrol station
Total inaugurated its 1,000th ‘solarised’ service station powered by solar panels on Tuesday, with the company describing the rooftop solar systems at the Totale Palmeraie retail outlet in Marrakesh, Morocco, as a “milestone” in its programme to ‘solarise’ certain of its service stations worldwide, which began in late 2016.
Weaker exports dent German growth in Q2
Germany's economy shrank in the second quarter, according to figures released by Destatis on Tuesday, in line with the first estimate and analysts' expectations.