Arconic, the US company that produced the cladding panels in place on London’s Grenfell Tower when it was gutted by fire, has said it will stop selling the flammable version of the tiles for use in high-rise buildings.

The world’s super-rich have become wealthier over the past 12 months, reversing a decline in 2016 when billionaires saw their fortunes hit by fluctuating stock markets and global uncertainty.

Vitamin maker Blackmores was one of the worst performers in the Australian stock market after it announced its chief executive was leaving to take up the top job at the country’s postal service.

The South Korean won strengthened on Tuesday as data showed consumer confidence in the country hit a six-year high.

Asia Pacific markets were mixed on Tuesday as oil prices firmed following a choppy previous session.

Shares in SoftBank recovered some poise after dipping in mid-morning trade following a report Sprint, the Japanese conglomerate’s US mobile business, had entered into exclusive talks with Charter Communications and Comcast to provide them with access to its network.

Nintendo’s stock dipped as much as 1.8 per cent on Tuesday after the company revealed the SNES Classic, a follow-up to its wildly popular NES Classic.

Brazil’s president Michel Temer has been indicted for corruption – the first time since the return of democracy in the 1980s in Latin America’s largest country that a president has faced criminal charges.

After the success of its (drastically under-supplied) NES Classic Edition last year, Nintendo will offer a follow-up this fall for its Super Nintendo Entertainment System, or SNES.

The number of Americans without health insurance would rise by 22m within a decade to a total of 49m under a Senate bill Republicans are pushing as part of their effort to replace Obamacare, according to a new estimate from the arm of Congress that analyses legislative proposals.

The head of the UK’s insurance trade body will warn on Tuesday that a Brexit with no deal with the rest of the European Union would be “unacceptable” for the industry.

Apple has acquired a German company focused on making eye-tracking technology, in the latest signal of its growing interest in virtual- and augmented-reality eyewear.

The Congressional Budget Office on Monday said that a plan put forward by Senate Republicans to replace the Affordable Care Act would see the number of uninsured Americans increase by 22m, compared with that under Obamacare, and would sharply lower funding for Medicaid.

It’s shaping up to be a good day to be a car rental company.

Shares in Hertz have added to their earlier gains following reports that Apple is leasing a small fleet of cars to test the tech giant’s self-driving technology.

US stocks ended the day mixed while Treasuries advanced after disappointing economic data fuelled concerns about the outlook for the nation’s economy this year.

Control of Brazil’s best-known footwear brand, Havaianas flip flops, is set to change hands for the second time as a result of sweeping corruption investigations into the country.

Shares in Rite Aid jumped more than 29 per cent to $4.02 on speculation Walgreens Boots Alliance would gain approval in its bid to takeover the US pharmacy chain.

Amtrak, the US passenger railroad, has named an aviation industry veteran as its next chief executive while it undertakes emergency repairs at the nation’s busiest train station and faces new budget constraints.

A Russian court has frozen oligarch Vladimir Yevtushenkov’s holdings in MTS, Russia’s largest mobile operator, and two other companies as part of a fractious lawsuit filed by state-run oil giant Rosneft.

A key measure of the yield curve flattened to its lowest level in nearly 10 months on Monday, the latest indication of Wall Street’s subdued outlook for the economy.

Avis Budget shares raced higher on Monday, after the rental car company said it signed a deal with Waymo, the Alphabet-owned self-driving car outfit.

A Banca Popolare di Vicenza bond was by far the most traded credit on European corporate bond markets on Monday, after its price rose sharply following a government intervention over the weekend.

Shareholders of WS Atkins, the UK-listed design consultancy, have approved the company’s £2.1bn takeover by Canadian engineering group SNC-Lavalin.

A planned €4.1bn private equity takeover of German drugmaker Stada is set to collapse, after Bain Capital and Cinven failed to secure enough shareholder acceptances to complete the deal.