Oil prices fell on Tuesday as optimism for a straightforward recovery in fuel demand faded and a looming increase in supply weighed on the market, with Libya's state oil company flagging progress on talks to resume exports.
Asian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of rising COVID-19 infections in the world's largest economy.
Los Angeles Mayor Eric Garcetti on Monday announced he was taking a "hard pause" on when movie theaters in the city can reopen, citing an increase in coronavirus cases.
China's factory activity expanded at a faster pace in June, beating expectations, as the economy continues to recover after the government lifted strict lockdowns and ramped up investment, but weak global demand is likely to be a drag on growth.
Social media site Reddit on Monday shut down r/The_Donald, a forum which long served as a popular online home base for fans of President Donald Trump, saying it violated the site's hate speech rules.
Safe-haven currencies were on the back foot on Tuesday as hopes of an economic turnaround boosted stock prices while sterling was under pressure after British Prime Minister Boris Johnson promised a "Rooseveltian" boost to public spending.
Alphabet Inc's Google said on Monday that it had removed search ads that charged users searching for voting information large fees for voter registration or harvested their personal data.
Asian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of rising COVID-19 infections in the world's largest economy.
The federal court of Canada on Monday dismissed a plea by drugmakers challenging the Canadian government's new regulations aimed at lowering prices of patented drugs that could potentially lead them to lose billions over a decade.
Goldman Sachs Group Inc has already boosted capital measures and is working to meet the Federal Reserve's benchmark for October, the Wall Street bank said in a statement on Monday.
