Stock Market News

Pinterest climbed Tuesday as investors continued to digest a note from Wedbush Securities hailing the company's "unique" social media platform that puts its on course to top $1 billion in revenue this year.

– France stocks were higher after the close on Tuesday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher.

– Russia stocks were higher after the close on Tuesday, as gains in the Telecoms, Power and Oil & Gas sectors led shares higher.

– Norway stocks were higher after the close on Tuesday, as gains in the Software & Computer Services, Commercial Service And Supplies and Healthcare Equipment & Services sectors led shares higher.

By Katanga Johnson

By Alistair Smout

– Israel stocks were higher after the close on Tuesday, as gains in the Technology, Biomed and Insurance sectors led shares higher.

– Denmark stocks were higher after the close on Tuesday, as gains in the Software & Computer Services, Technology and Industrials sectors led shares higher.

By Shreyashi Sanyal

– Turkey stocks were higher after the close on Tuesday, as gains in the Metal Products & Machinery, Food & Beverages and Holdings & Investments sectors led shares higher.

LE BOURGET, France An electric plane capable of flying up to 650 miles with nine passengers made its debut at the Paris Airshow on Tuesday, with its manufacturer targeting regional commuter routes such as the French capital to the southern city of Toulouse.

The e-commerce giant bought social network Bebo for under $25 million via its streaming platform Twitch, TechCrunch reported.

By Tim Hepher and Eric M. Johnson

By Hilary Russ

By Tina Bellon

By Svea Herbst-Bayliss

BERLIN Deutsche Bank (DE:DBKGn) Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news agency reported on Tuesday.

By Shreyashi Sanyal

By David Milliken

Kellogg Co said on Tuesday it would cut about 150 jobs and take a $35 million hit to trim its North American operations following the sale of Keebler biscuits and a handful of other brands for $1.3 billion in April.

By Tim Hepher and Andrea Shalal

-Reuters contributed to this report.

– Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Agriculture & Food and Cement sectors led shares higher.

U.S. stocks opened at their highest level in six-weeks on Tuesday, with Nasdaq leading the charge, as dovish calls from the European Central Bank raised expectations of a similar accommodative stance from the Federal Reserve.

PARIS The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.