Mexico said it would welcome Donald Trump’s pick of lawyer Christopher Landau as US ambassador, saying the appointment would help boost bilateral relations.

Lyft’s initial public offering is oversubscribed based on investor demand two days into its roadshow, according to people familiar with the matter.

Inmarsat, the British satellite communications group, is considering a $3.3bn takeover bid from an investor group led by buyout firms Apax and Warburg Pincus, in a deal that would return it to private equity control.

FedEx reported quarterly results below its own expectations and again lowered its full-year earnings outlook as it battles a continued trend of weaker growth in global trade, sending its shares more than 5 per cent lower.

US stocks erased their early gains to close moderately lower as investors fretted that trade talks with Beijing may have hit a speed bump.

The body in charge of a major scheme to boost competition in UK banking warned Metro Bank not to provide misleading information about its business plans after it was criticised for giving the under-fire bank a £120m prize.

Wall Street fell to session lows following media reports China was pushing back against US demands in the long-running trade talks between the pair.

Investors cheered MoviePass’ decision to bring back unlimited movie pass on Tuesday just months after the cinema subscription service moved to cap viewings to 3 times a month.

Shares in US and European carmakers raced ahead on Tuesday as merger speculation and upbeat comments from an industry analyst lit a fire under the sector that languished in 2018.

If you thought the equity market looked calm at the moment, it can’t hold a candle to foreign exchange, where levels of volatility are hovering around their lowest levels since 2014.

The leaders of four pro-EU political parties have criticised Jeremy Corbyn’s insistence on seeking a softer Brexit deal as they held their first ever formal meeting in parliament.

The overall impact of the tariffs the government plans to impose in the event of a no deal Brexit on the economy would be “pretty small beer”, according to the Bank of England’s former chief economist.

There is no guarantee that the other 27 EU members will grant the UK an extension for its Brexit preparations if it requests one, a senior French official said on Tuesday.

Leading sugar trader Alvean announced a change in leadership as it tackles the tough environment facing the sugar industry.

Two out of three people in advanced economies want their governments to tax the rich more while three out of four wish their leaders would do more to safeguard their security, a report shows.

Chemicals giant Ineos, owned by Britain’s richest man Jim Ratcliffe, has acquired Team Sky, securing the financial future of the UK road cycling organisation which has won the Tour de France six times in the past decade.

The first deep coal mine in the UK for more than 30 years was given the go-ahead on Tuesday by Cumbria county councillors.

UBS has been fined a record £27.6m by the UK’s financial watchdog for misreporting 136m transactions over nearly a decade.

Panic over? It is according to the derivative markets.

Oliver Hemsley, the retired founder of Numis Securities, has pulled out of a deal to take over Nex Exchange, which sought to revitalise the UK market for fledgling shares.

Barclays, the UK bank under attack from activist investor Edward Bramson, published its most detailed explanation of why it thinks investors should vote against his attempt to force his way on to the board at the lender’s annual meeting.

Wage increases in the eurozone kept up their swift quarterly march despite weaker industrial output, official data showed.

Chinese smartphone maker Xiaomi ended a tough 2018 on a high, reporting a year-on-year jump in fourth-quarter profits aided by overseas expansion that offset a shrinking market and competition in its home market.

The UK’s financial watchdog is being pressed to investigate its response to complaints from investors who risk losing much of the £236m they put in London Capital & Finance, now subject to a criminal probe by the Serious Fraud Office.