France's Schneider Electric will take a 60 percent stake in an enlarged industrial software business worth about 3 billion pounds after agreeing to combine with Britain's Aveva Group at the third time of asking.

Britain's Communications Workers Union (CWU) will ballot more than 100,000 of its members working for Royal Mail Plc over industrial action, it said on Tuesday.

Myanmar leader Aung San Suu Kyi came under more pressure on Tuesday from countries with Muslim populations to halt violence against Rohingya Muslims that has sent nearly 125,000 of them fleeing over the border to Bangladesh in just over 10 days.

Europol's head is calling for tighter controls after an analysis found money laundering goes mostly uninvestigated, despite banks alerting police to record numbers of suspicious transactions.

PR agency Bell Pottinger lost its contract with banking giant HSBC and saw its second-biggest shareholder walk away on Tuesday after it was thrown out of an industry body for running a racially-charged campaign in South Africa.

Scotland's First Minister Nicola Sturgeon announced a series of eye-catching measures to boost the economy on Tuesday, including the creation of a national investment bank and green energy schemes like a phasing out of new petrol and diesel cars from 2032.