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FTSE steadies after U.S. tariff decision; tobacco stocks weigh

MILAN The UK's top share index steadied in morning trade on Tuesday, weighed down by losses among tobacco stocks, although investors took in their stride Washington's decision to go ahead with 10 percent tariffs on another $200 billion of Chinese goods.

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Don't hurt economy for Brexit 'erotic spasm', says Vince Cable

BRIGHTON, England Hardline Brexit campaigners are forcing the country into an economic mess to enjoy the "erotic spasm" of leaving the European Union, the leader of Britain's Liberal Democrats will say on Tuesday.

UK 12:39pm BST

Visa, Mastercard reach $6.2 billion settlement over card-swipe fees

Visa Inc, Mastercard Inc, and a number of U.S. banks on Tuesday agreed to pay $6.2 billion (4.7 billion pounds) to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments.

1:55pm BST

Spain rejects latest Swiss bid to extradite HSBC whistleblower

MADRID Spain's High Court on Tuesday rejected a second extradition request from Switzerland against Herve Falciani for leaking details of thousands of clients of HSBC's private bank.

Spain 1:03pm BST

BMW moves UK Mini plant shutdown to just after Brexit in case of no deal

LONDON German carmaker BMW said it will move the annual maintenance shutdown period for its British Mini plant to just after Britain is due to leave the European Union in April, in case there is no Brexit deal.

4:09pm BST

EU must take final steps towards banking union - German finance minister

BERLIN German Finance Minister Olaf Scholz said on Tuesday that the European Union needed to take the final steps towards creating a banking union so that large European banks could develop.

4:01pm BST
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FTSE 100 7,303.20 + 1.10 +0.02%
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