 | | | | European Union leaders agreed on Tuesday to name France's Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU's other top four jobs after marathon talks that have exposed deep divisions in the bloc. | | | | | | Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand. | | | | | | U.S. stocks held near the unchanged mark on Tuesday as optimism over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods, stalling a recent rally. | | | | | | Weak U.S. and euro zone manufacturing data and Washington's threat to impose additional tariffs on European goods weighed on global stock markets on Tuesday, cooling a rally that pushed U.S. stocks to near-record highs the previous day. | | | | | | The European Union said on Tuesday it was open to talks with Washington in a dispute over aircraft subsidies after the United States threatened an additional $4 bln in tariffs on EU goods including olives, Italian cheese and Scotch whisky. | | | | | | The Scottish government and the Scotch Whisky Association (SWA) urged the United States and the EU on Tuesday to end a trade dispute after Washington threatened tariffs on $4 billion of goods including Scotland's most famous export. | | | | | | An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists. | | | | | | The Scottish government said on Tuesday it is "deeply concerned" about Scotch whisky being implicated in a long-running trade dispute between the United States and the European Union. | | | | | | Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover. | | | | | | Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline. | | | | | |
