The S&P 500 and Nasdaq Composite both returned to record territory on Tuesday, as investors seized on the dovish signals from the Federal Reserve and other major central banks to drive a months-long recovery despite continued uncertainty over the outlook for the global economy.

Toymaker Hasbro on Monday reported a surprise first-quarter profit and revenues that exceeded forecasts as the success of the Bumblebee movie helped spur sales of its Transformers toys.

Olam, one of the world’s biggest traders of agricultural commodities, has made a $360m offer for the flour milling business of African’s richest man Aliko Dangote.

Streaming giant Netflix is selling $2bn of debt as it seeks to ward off competition from traditional broadcasters and technology rivals like Disney and Apple.

Sales of newly built homes in the US climbed for the third consecutive month to their highest level in more than a year, driven by lower mortgage rates and home prices, data on Tuesday showed.

Lockheed Martin boosted its financial guidance for 2019 after a “strong” performance in its first quarter that saw it soar past Wall Street’s expectations.

Oil’s fresh 2019 high helped energy stocks advance on Tuesday as an announcement from the US that it would end sanction waivers on Iranian oil exports continued to drive markets.

United Technologies unveiled better than expected quarterly earnings and upgraded its outlook for this year amid strength in the US industrial conglomerate’s aerospace systems and elevators businesses.

The head of the UK’s markets watchdog has said Brexit will be a defining factor as Britain looks to reshape its rule book for the financial services sector.

Stockpiling to guard against a disorderly Brexit gave Coca-Cola’s revenue and adjusted earnings an additional boost during the first quarter, helping the beverages group squeak past Wall Street forecasts.

UK police have charged 71 people for offences including public order breaches and obstruction of officers in connection with climate change protests in central London.

Donald Trump’s long-awaited state visit to the UK will take place on June 3-5, Buckingham Palace and Downing Street have confirmed.

Procter & Gamble has become the latest consumer goods group to benefit from higher prices as the company behind Head & Shoulders shampoo and Olay moisturisers lifted its sales outlook for the year

Advertisers and users appear to be embracing Twitter’s attempts to curtail abuse and other problems on its site as the social media group’s sales rose by almost a fifth in the first quarter. 

Nigel Farage has unveiled five more candidates who will contest next month’s European elections for his new Brexit party.

Rachel Johnson, the sister of former foreign secretary Boris Johnson, has been named as Change UK’s star candidate for the upcoming European Parliament elections.

Crude prices rose to a five-month high on Tuesday, as Washington’s decision to end sanctions waivers on Iranian oil imports buoyed markets for a second day and sent shares in some of the world’s biggest energy companies higher.

Ukraine-focused miner Ferrexpo has clashed with its auditor over the links between its chief executive and a charitable foundation being investigated for possible discrepancies in the use of funds.

CLSA has appointed Richard Gould as its new chief executive after the Hong Kong-based brokerage lost several senior employees last month.

Heng Swee Keat, Singapore’s finance minister, has been promoted to deputy prime minister in a move that puts him firmly on course to become the country’s next leader.

China has hit out at a US decision to tighten restrictions on oil exports from Iran, warning that the move could destabilise the Middle East even as other buyers scramble to fall into line with Washington.

Casino said on Tuesday that it has expanded its partnership with e-commerce group Amazon as the French retailer seeks to tap into new distribution channels.

A Hong Kong-listed subsidiary of cash-strapped HNA Group says creditors have seized its assets in the US and China after it failed to make a loan repayment last week.

DouYu International, the Tencent-backed game-streaming company, has filed to raise up to $500m in a listing on the New York Stock Exchange, down $200m from the top end of its previous fundraising range.