PARIS (Reuters) -Danone's new chief executive Antoine de Saint-Affrique said on Tuesday the French food group has no plans to sell any of its three businesses, after its shares rose last week on a report of merger interest from dairy group Lactalis.

Danone , whose shares were lifted last week by a media report about merger interest from French dairy rival Lactalis, has no plans to sell any of its three businesses, its new chief executive Antoine de Saint-Affrique said on Tuesday.

(Reuters) -United Parcel Service Inc on Tuesday reported better-than-expected quarterly earnings, but shares fell 3% after executives said they expected e-commerce delivery growth - which drove its pandemic business - to cool this year.

Lael Brainard, one of President Joe Biden's nominees to the Federal Reserve, is poised to become the U.S. central bank's next vice chair later on Tuesday with three others expected to be voted on later in the week.

LONDON - Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.

U.S. stock indexes fell at open on Tuesday as investors waited to see if earnings from Big Tech companies this week will provide support to a market worried about high inflation and slowing global growth.