European shares were below the waterline at the close on Tuesday, after strong services data in the US suggested policymakers might need to remain aggressive with interest rates for longer than hoped.
The US trade deficit widened in October to $78. 2bn from $74. 1bn in September, according to data released on Tuesday by the Commerce Department.
The European Commission is considering banning new investments in Russia’s mining sector, it was reported on Tuesday, as part of a fresh package of sanctions.
A planned merger of two hearing implant specialists risks ramping up prices for the NHS and stifling innovation, the competition watchdog warned on Tuesday.
Wall Street futures were little changed ahead of the bell on Tuesday after concerns that interest rates may rise even further still fuelled a sell-off in the previous session.
S&P Global's Eurozone construction purchasing managers index fell to 43. 6 in November, down from 44. 9 in October for a seventh consecutive monthly contraction across the sector.
Stock markets were mixed in the Asia-Pacific region on Tuesday, as Beijing announced further easing of some Covid-19 restrictions, and after Australia’s central bank hiked interest rates as expected.
German factory orders rose more than expected in October, according to figures released on Tuesday by Destatis.