Robert Mueller, the former special counsel who investigated Russia’s role in the 2016 US presidential election, has agreed to testify before Congress on July 17 in response to a subpoena, House Democrats said on Tuesday evening.

New Zealand held its benchmark rate at a record low on Wednesday, in line with forecasts, but left the door open for cuts later in the year as the country's economy faces headwinds including global trade tensions. 

Markets in Asia lost ground and the US dollar rowed back from three-month lows as US central bankers tempered expectations of a larger-than-usual rate cut, and as sentiment remained cautious ahead of a meeting between American and Chinese leaders later this week. 

Apple has bought the autonomous vehicle start-up Drive.ai, adding its engineers to the iPhone maker’s own self-driving project.

San Francisco will ban ecigarettes becoming the first city in the US to block sales of the devices, as concerns grow over rising vaping levels among young people.

Kuwait has become the latest country to receive the coveted emerging markets status from MSCI, in a move that is expected to result in billions of dollars of investor inflows into the Gulf country's stocks. 

China has suspended imports of Canadian pork from some suppliers after an investigation found health certificates had been forged, according to the Chinese embassy in Ottawa, ratcheting up tensions between the two countries.

FedEx on Tuesday topped its twice-lowered expectations for quarterly earnings and cautioned that a slower global economy and trade uncertainty will continue to drag on its business in the next year.

US stocks fell the most in nearly a month as investors parsed comments from Federal Reserve officials amid growing expectations for an interest-rate cut.

A top Bank of Ireland executive is leaving the state-backed lender in a move that comes amid tension between the Irish government and the country’s banks over stringent pay caps and a bonus ban.

A prominent Turkish philanthropist accused of seeking to overthrow the government was ordered to remain behind bars on Tuesday, dashing the hopes of his supporters that he could be released after close to two years in pre-trial detention.

Texas Monthly, the self-styled national magazine of Texas founded by Michael Levy, has been purchased by Houston billionaire heiress Randa Duncan Williams.

LedgerX has won approval from US markets regulators to trade bitcoin futures that are settled in the digital currency, a move supporters hope will be a step forward in building a derivatives market for the volatile asset.

Melania Trump announced that her spokeswoman, Stephanie Grisham, will become the White House’s new press secretary, replacing Sarah Huckabee Sanders, who will leave her post at the end of the month.

The 10-year Treasury yield fell back below the closely watched 2 per cent level on Tuesday, as investors await a speech from Federal Reserve chairman Jay Powell and concerns over rising tensions between the US and Iran boost demand for haven assets.

Investors were faced with a soft batch of US housing data, showing continued moderation in home prices and declining new home sales, but signs of returning buyers and early-stage construction approval.

Mitsubishi Heavy Industries will pay $550m in cash to acquire Bombardier’s CRJ regional jet business in a deal that will give the Japanese company immediate access to an extensive maintenance and sales network.

Austria’s supreme court on Tuesday approved a US extradition request for Dmitry Firtash, leaving the Russia-linked Ukrainian oligarch one step from a trial in Chicago over alleged bribery involving titanium dealings in India.

The policeman in charge of security when Liverpool fans died as a result of the Hillsborough disaster of 1989 is to be tried a second time. The jury failed to reach a verdict in the first trial of David Duckenfield for gross negligence manslaughter, which ended in April.

UK retail sales were hit by unseasonably cold weather in May and the trend seems to have continued in June, according to a closely watched survey.

The UK’s financial regulator has already held discussions with Facebook over its planned digital currency and will seek many more, warning that the technology giant “will not walk through authorisation” likely needed from the watchdog to operate.

Norway’s sovereign wealth fund, the world’s largest, has removed a host of large multinationals from its investment blacklist on ethical grounds.

Six of H2O Asset Management’s funds suffered a reduction of more than €2.6bn in their combined assets last week, as investors pulled their money on concerns about holdings of debt linked to a controversial German financier.

A no-deal Brexit would deliver a “knockout blow” to the competitiveness of Britain’s automotive sector and could cost it more than £70m a day due to delays at the border, the industry’s trade body has warned.