(Reuters) -Walt Disney Co defended its decision on Tuesday to deny a board seat to Nelson Peltz, saying the activist investor "lacked the skills and experience" to help the entertainment giant in its business.

Sterling rose on Tuesday, nearing a one-month high against the U.S. dollar after data showed the pace of pay growth in Britain, closely watched by the Bank of England as it gauges how much higher to raise interest rates, accelerated again.

(Reuters) -Canadian miner Barrick Gold Corp on Tuesday reported a 13.4% sequential rise in gold production in what could be its highest quarterly output last year, driven by strong performances from its mines in Nevada and Ivory Coast.

U.S. home appliances maker Whirlpool is folding its European business into a new company controlled by Turkish rival Arcelik, reducing its exposure to a market where it had warned attractive profit margins could be some way off.

Canada's Bombardier Inc raised its 2022 forecast for revenue and free cash flow on Tuesday, underpinned by robust demand for private jet travel.

Japan's biggest power generator JERA signed ammonia supply memorandums of understanding (MOUs) with CF Industries of the United States and Norway's Yara Clean Ammonia Norge AS, as it aims to co-fire ammonia to reduce emissions, it said on Tuesday.