Receive Breaking News updates as they occur
Lueneburg (Germany) (AFP) - A former Nazi death camp officer dubbed the "bookkeeper of Auschwitz" went on trial in Germany on Tuesday, with almost 70 Holocaust survivors and victims' relatives at the court.
World stocks climbed back toward all-time highs on Tuesday as upbeat European earnings reports and expectations of a sixth straight rise in German business confidence helped offset worries about a possible Greek default. Publicis , Sky , ARM Holdings were all up more than 4 percent after reporting results, with the overall picture of a weaker euro and improving economic conditions - driven by the European Central Bank's bond-buying stimulus plan - drawing investment flows into equity markets. Germany's closely-watched ZEW business confidence indicator, due at 5 a.m. EDT, was expected to confirm the brighter picture in Europe's biggest economy, with its sentiment gauge seen rising to 55.3 from 54.8 and current conditions to 56.0 from 55.1 . "In macro terms at least, the worst of the crisis looks like it is over for the euro zone and certainly my own 'misery indices' are looking less bad," said Neil Williams, chief economist at fund manager Hermes in London.
By Christopher Johnson LONDON (Reuters) - Brent crude oil steadied around $63 a barrel on Tuesday, not far below the 2015 high, supported by worries that a civil war in Yemen could destabilize the Middle East, affecting oil supplies. Oil has climbed around 15 percent this month due to concern over the conflict in Yemen, Saudi Arabia's southern neighbor. The seaways around Yemen are some of the most important for the international oil trade with access points to the Red Sea and Suez Canal as well as the Middle East Gulf. Brent crude for June was down 50 cents at $62.95 a barrel by 0815 GMT (0415 a.m. EDT).