France’s top central banker has said that monetary policy must remain independent of market inflation expectations as well as political pressure, pushing back at suggestions the ECB needs to act at its July meeting.

Global stocks stayed cautious on Tuesday, with a raft of quarterly reports due from US banks setting a test for Wall Street’s record-breaking run, leaving investors on watch for signs of a potential earnings recession. 

The UK job market remains resilient despite rising Brexit uncertainties, according to data released on Tuesday, which pointed to faster than expected earnings growth and an unemployment rate at its lowest level in decades.

Greece is planning to sell its new seven-year bond with a yield that is just above that of the US — seen as one of the world’s safest borrowers — in a sign of the country’s comeback from a deep crisis less than a decade ago.

Austrian chipmaker AMS AG announced on Tuesday it does not see “sufficient basis” for continuing its attempt to acquire German microchip and lighting technology company Osram Licht, a day after Osram made the unsolicited takeover approach public.

Ursula von der Leyen has made her pitch to members of the European Parliament, asking for their support to confirm her as the next commission president to “unify and strengthen” Europe in a crunch vote today.

Scottish soft drinks group AG Barr has warned it expects profit to fall 20 per cent this year, sending shares in the maker of Irn Bru down by almost a third in early trading on Tuesday.

Low-cost carrier Ryanair has warned that delayed deliveries of 737 Max jets will slow its growth, the latest example of the fallout from the grounding of one of Boeing’s flagship aircraft.

Irish building materials supplier CRH announced it will sell its European distribution business to private equity funds managed by Blackstone.

The UK’s competition watchdog has launched an investigation into plans to take Inmarsat, Britain’s largest satellite company, private.

A well-received collection by new chief designer Riccardo Tisci and brisk business in China propelled Burberry to better than expected sales growth in the first quarter of this year.

The International Monetary Fund has lowered its growth forecast for Singapore, citing rising global trade tensions, just days after the city-state reported its worst quarterly economic performance in a decade.

Pakistan has reopened its airspace to all civilian aircraft, nearly five months after it imposed restrictions following an escalation in military hostilities with neighbouring India.

Australia’s central bank has left the door open for further interest rate cuts, having already reduced its key policy rate to successive record lows in recent weeks.

A US federal judge on Monday slashed damages owed by Bayer in a case related to claims that exposure to weed killer Roundup causes cancer.

Wall Street notched fresh record highs in cautious trading on Monday as investors awaited the first onslaught of quarterly earnings reports.

The Benetton’s toll road operator Atlantia is to join a public-private group aiming to revive Italy’s long lossmaking airline Alitalia.

German lighting company Osram said on Monday that it had received an unsolicited takeover approach by a smaller Austrian rival, just days after agreeing a €3.4bn sale to private equity firms Bain Capital and Carlyle.

GAM has drawn a line under a crisis that has engulfed the Swiss asset manager for nearly a year by selling a final tranche of £600m of bonds back to British industrialist Sanjeev Gupta.

A landmark court ruling that changes made to firefighters’ pensions in 2015 were discriminatory will apply to millions of members of public sector schemes, the government has confirmed.

The head of the UK markets regulator has warned that it may be forced into a sudden discontinuation of Libor for new business if the banks that make daily submissions to the lending rate begin leaving rapidly after 2021.

Greece has hired banks to sell a new seven-year bond as the nation once at the centre of the eurozone crisis moves to take advantage of investors’ thirst for euro-denominated debt.

Business activity in New York state rebounded by the most in more than two years and returned to positive territory in July, following a steep drop the previous month amid ongoing trade tensions.

Medical device manufacturer Consort Medical has announced that its profits would be hit by a small explosion at a facility in Northumberland.