LONDON (Reuters) -Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country's Competition Appeal Tribunal (CAT) endorsed the regulator's finding that the deal could harm competition.

Global stocks and bonds stemmed heavy losses on Tuesday in choppy trade as investors tried to recover from the previous day's rout, while bracing themselves for an U.S. interest rate rise this week that could be the largest in 28 years.

WASHINGTON (Reuters) -The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals as global demand rises for the elements, used in everything from computers to household appliances, the State Department said on Tuesday.

EU antitrust regulators, which raided some fashion companies last month, are focusing on a group of designers who two years ago called for changes in sales periods and discounts, people familiar with the matter said.

Meta Platforms won its appeal on Tuesday against Britain blocking its 2020 acquisition of GIFs supplier Giphy on one ground, the country's Competition Appeal Tribunal (CAT) ruled.

U.S. Treasury yields held near multi-year highs on Tuesday, while stock markets reeled from the previous session's rout on signs that central banks' action to curb inflation would tip the world economy into recession.