Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that begins on Tuesday.
Oil dropped on Tuesday although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom's output in half and sent prices soaring by the most in decades.
With Britain sourcing the vast majority of the insulin needed by its 1 million diabetics from overseas, its biggest providers have had to restructure their supply chains in case a chaotic Brexit disrupts the normal arteries of trade.
For two men trained as scientists, the bosses of Britain's major insulin providers have had to become experts in ferry schedules, trucking laws and warehouse capacity as they seek to guarantee the supply of life-saving drugs through a chaotic Brexit.
Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative's office said, paving the way for high-level talks in October aimed at resolving a bitter, 14-month trade war.
Saudi Arabia's energy minister Prince Abdulaziz bin Salman will hold a press conference on Tuesday following the attacks on Aramco facilities in Abqaiq and Khurais which have cut the company's crude oil supply by about 50 percent, the media ministry said.
Oil shed some of its massive gains on Tuesday as the United States flagged the possible release of crude reserves, while stocks inched lower as investors remained on the sidelines ahead of this week's Federal Reserve meeting.
China on Tuesday condemned an attack on Saudi Arabia's oil facilities, in a toughening of its language from the previous day, but again without saying who it believed was behind it.
Anheuser-Busch InBev NV kicked off a second attempt to spin off its Asian business in Hong Kong with the launch of an IPO on Wednesday worth up to $6.6 billion in what is poised to be the world's second largest IPO this year.
Oil prices slid on Tuesday, although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that halved the kingdom's output and prompted a price spike not seen in decades.
The Kremlin said on Tuesday that it had not received a formal request from any party for Moscow to act as a mediator between Saudi Arabia and Iran following an attack on Saudi Arabia's oil infrastructure.
The European Union's order for Apple to pay 13 billion euros ($14 billion) in back taxes to Ireland "defies reality and common sense," the U.S. company said on Tuesday, as it launched a legal challenge against the 2016 ruling.
Anheuser-Busch InBev NV will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an IPO worth up to $6.6 billion that could be the world's second largest flotation this year.
U.S. stock index futures edged lower on Tuesday as the focus shifted away from weekend bombings on Saudi Arabia's main oil refinery to the Federal Reserve's two-day policy meeting, where it is widely expected to cut interest rates.
Oil shed some of its gains on Tuesday as the United States raised the possibility of releasing crude reserves, while stocks inched lower as investors waited for this week's Federal Reserve meeting.