U.S. stock index futures rose on Tuesday as investors returned from the Labor Day weekend to pick up beaten-down stocks after last week's selloff on worries about monetary policy tightening.
A former FedEx Corp delivery contractor on Tuesday called for a no-confidence vote by contractors against FedEx Ground Chief Executive John Smith, escalating a conflict with the parcel delivery firm.
Euro zone government bond yields fell sharply on Tuesday, as expectations for a massive interest rate raise by the European Central Bank this week eased following media reports that policymakers are considering a smaller hike.
The U.S. Commerce Department said Tuesday it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.
WHA Group, the Thai industrial estate developer, said on Tuesday that it and China's BYD are set to announce plans for an electric vehicle (EV) manufacturing facility in Thailand.
Norway's Equinor believes that a wide-scale demand reduction would be the only feasible short-term solution to Europe's power crisis if Russia cuts off all gas supply, a senior executive at the energy group told Reuters.
The share price of EDF on Tuesday crossed the 12 euros price set by the French government to buy out the French energy giant, as speculation grows about efforts by activist minority shareholders to obtain a higher offer price.
Liz Truss becomes Britain's new prime minister on Tuesday, facing inflation at 40-year highs, the biggest squeeze on household living standards in decades and a looming recession.
Top tier Chinese banks preparing to respond to Beijing's call to boost lending to the real economy and debt-laden property sector are set to face a squeeze on their profit margins in the second half, bankers and analysts said.
