WORLD FINANCE UPDATE:
The Australian share market looks set to open lower, ignoring widespread optimistic sentiment following the passage of the Republican tax reform bill through the US Senate,
At 0700 AEDT on Tuesday, the share price futures index was down 17 points, or 0.28 per cent, at 5,979.
Meanwhile, the Australian dollar has slipped fractionally against a stronger US dollar.
The local currency was trading at 75.95 US cents at 0700 AEDT on Tuesday, from 75.97 on Monday.
BRUSSELS – British Prime Minister Theresa May has failed to strike a Brexit divorce deal with EU negotiators in Brussels despite earlier reports of a breakthrough agreement that would have kept British-ruled Northern Ireland aligned with EU regulations.
EDINBURGH – Scotland, Wales and London should all benefit from any special deal given to Northern Ireland to smooth access to European Union markets after Brexit, the three regions’ most senior politicians say.
BRUSSELS – The Republic of Ireland and US tech giant Apple have reached an agreement over the terms of an escrow account where the company will transfer up to 13 billion euros ($A20 billion) in unpaid taxes, the Irish finance minister says.
LONDON – Bitcoin has powered to a record high just below $US11,800, continuing its surge from below $US1,000 at the start of the year.
LONDON – Facebook has launched a new version of its Messenger app that is aimed at children.