WORLD FINANCE UPDATE:
The Australian dollar is in negative territory with no data or news to drive direction.
At 0700 AEST on Tuesday, the local unit was trading at 72.24 US cents, down from 72.45 cents on Monday.
And the Australian share market looks set to open flat following a poor performance on Wall Street where a bounce in Apple failed to offset concerns that the US Federal Reserve could raise interest rates sooner rather than later.
At 0645 AEST on Tuesday, the share price index was down four points at 5,332.
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ELSEWHERE:
LONDON - Business growth across the euro zone dipped to a 16-month low in May but stronger showings from Germany and France suggest it is the smaller member countries that may be struggling.
WASHINGTON - The International Monetary Fund is calling on European creditor nations to commit to "upfront unconditional" debt relief for Greece as part of an international rescue program for the debt-laden nation.
NEW YORK - A US appeals court has revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defence against investors' claims of market-rigging.
NEW YORK - A US appeals court has thrown out a jury's finding that Bank of America Corp was liable for mortgage fraud leading up to the 2008 financial crisis, voiding a $US1.27 billion ($A1.76 billion) penalty and dealing the US Department of Justice a major setback.
NEW YORK - Boeing Co is selling 100 aircraft worth about $US11.3 billion ($A15.64 billion) at list prices to Vietnam's VietJet as the airline seeks to expand its international and domestic flights.
DUBAI - General Electric Co says it has made a series of deals with Saudi Arabia worth over $US1.4 billion ($A1.94 billion) as part of the kingdom's ambitious plan to wean itself off crude oil.
