WORLD FINANCE UPDATE:
The Australian dollar is weaker after global central banks signalled a new round of money printing.
At 0700 AEST on Tuesday, the local unit was trading at 75.34 US cents, down from 75.48 cents on Monday.
And the Australian share market looks set to open higher after strong gains on international markets after Theresa May won the race to succeed David Cameron as British prime minister, alleviating some political uncertainty.
At 0654 AEST on Tuesday, the share price index was up 27 points at 5,328.
ELSEWHERE:
LONDON - Interior minister Theresa May will become Britain's prime minister on Wednesday, with the task of steering its withdrawal from the European Union, after rival Andrea Leadsom abruptly terminated her short-lived and disastrous leadership campaign.
BERLIN - German Chancellor Angela Merkel says access to the European Union's single market means accepting the bloc's basic freedoms and she's rejected suggestions from London that Britain could retain full EU market access while curbing immigration.
NEW YORK - Americans were more upbeat on their earnings growth last month, mirroring a sharp rise in US jobs growth, while inflation expectations remained subdued, according to a Federal Reserve Bank of New York survey.
JERUSALEM - A group of Israelis and Americans have filed a lawsuit seeking $US1 billion ($A1.32 billion) in damages from Facebook Inc. for allegedly facilitating deadly Palestinian militant attacks on their loved ones.
NEW YORK - Thomson Reuters Corp says it's agreed to sell its intellectual property and science business to private equity firms Onex Corp and Baring Private Equity Asia for $3.55 billion in cash.
NEW YORK - Flamboyant German tech entrepreneur Kim Dotcom is planning to relaunch file-sharing website Megaupload in January 2017, five years after the US government took down the site accusing it of piracy.
LONDON - Airline traffic will increase by 4.5 per cent over the next 20 years leading to a demand for about 33,000 new planes by airlines to expand their fleets, according to a report released on Monday by Airbus' Global Market Forecast.
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