WORLD FINANCE UPDATE:
The Australian dollar has firmed on recovering global risk appetite after China lifted its currency higher.
At 0700 AEDT on Tuesday, the local unit was trading at 69.84 US cents, up from 69.66 cents on Monday.
And the Australian share market looks set to open lower after another losing session across major international markets with concern persisting over China's economy.
At 0645 AEDT on Tuesday, the share price index was down nine points at 4,857.
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WASHINGTON - The US Supreme Court has rejected a bid by Nestle SA, the world's largest food maker, and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves to harvest cocoa in Ivory Coast.
LONDON - Six bankers have been formally charged in a British court with conspiring to manipulate Euribor benchmark interest rates, while another five accused in the case did not appear for the hearing.
HONG KONG - The biggest-ever Chinese acquisition of a German company has been announced, with a consortium led by state-owned China National Chemical Corp (ChemChina) buying industrial machinery maker KraussMaffei Group for about $US1 billion ($A1.43 billion).
NEW YORK - Irish drugmaker Shire will pay about $US32 billion ($A45.95 billion) in cash and stock to buy Baxalta and strengthen its position in rare disease treatments.
PARISE - The Paris terror attack on November 13 caused Air France-KLM to lose 70 million euros ($A108.98 million) in December, the Franco-Dutch airline says.
NEW YORK - The iconic Los Angeles mansion of Hugh Hefner, the founder of the Playboy empire, is being put up for sale for $US200 million, Playboy Enterprises said, one of the highest asking prices for a private residence in the United States.
