Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
Boeing is scrambling to restore confidence in the 737 Max from regulators, customers and the flying public.Paris Airshowread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Huawei CEO and founder Ren Zhengfei said that the Chinese tech company will report revenues of around $100 billion in 2019 and 2020, which would be flat growth versus 2018.Technologyread more
Bitcoin leapt across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch its own cryptocurrency.Cryptocurrencyread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
The price of oil put pressure on European markets on Tuesday with the commodity continuing to be a main driver of global asset markets.
U.S. crude oil fell below $49 to touch a new 5-1/2-year low on Tuesday afternoon, extending losses after a 5-percent plunge in the previous session as worries over a global supply glut intensified.
"Oil's plunge below $50 continues to spark debate among traders about whether or not this is actually a bullish or bearish cue," Marius Paun and Jonathon Sudaria, two dealers at brokerage Capital Spreads, said in a morning note. "At the moment, those who believe it's a sign of slowing global demand and an impending deflationary spiral seem to be winning."
U.S. stocks fell on Tuesday, a day after the market's biggest rout since October, as investors fretted the implications of crude's failure to find a floor.
On the data front in Europe, Markit's final composite Purchasing Managers' Index (PMI) for the euro zone came in at 51.4—lower than the earlier estimate of 51.7.
This is one of the most important forward indicators for the euro zone economy and suggests that the single currency region's economy grew by just 0.1 percent in the final quarter of 2014, according to Chris Williamson, chief economist at survey compiler Markit.
Read More Euro zone economy ended 2014 on low note
In the U.K., Markit's PMI index for just the services sector hit a 19-month low and suffered its biggest decline in more than three years.
Meanwhile, markets are closed in Austria, Finland, Poland, Russia, Slovakia, Lebanon, Croatia, Cyprus, Greece and Sweden for the Epiphany holiday.
In stocks news, U.K.-based equipment rental company Ashtead slumped 7.6 percent. Citing traders, Reuters reported that its stock has been hit by a downgrade for U.S. rival United Rentals on Monday.
Follow us on Twitter: