Finance news you need to know today

TWITTER is in takeover talks with several tech companies, kicking off a slow-rolling auction of the money-losing social media company.

HERE are nine things making news in business and finance around the world today.

1. SYDNEY — The Australian dollar has fallen against the greenback ahead of the US presidential debate. At 6.35am on Monday, the local unit was trading at 76.22 US cents, down from 76.49 cents on Friday.

2. SYDNEY — The Australian market looks set to open lower after Wall Street fell, dragged down by energy stocks as oil prices fell. At 6.45am on Monday, the share price index was down 24 points at 5,396.

3. LONDON — A flashmob descended on the British Museum to protest against oil giant BP’s multi-million pound backing of the arts.

4. NEW DELHI — India’s prime minister says his country will ratify the Paris Agreement on climate change early next month.

5. LIVERPOOL, UK — Britain has a lot of work to do before triggering the formal divorce procedure with the European Union but once it is done, the country will not let the process drag on, Foreign Minister Boris Johnson says.

6. ISTANBUL — Ratings agency Moody’s has cut Turkey’s key bond ratings to what is effectively junk status, citing risks including slowing economic growth.

7. NEW YORK — Twitter Inc has initiated talks with several technology companies to explore selling itself, a person familiar with the matter says, signalling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company.

8. LONDON — Picture messaging app Snapchat is set to launch sunglasses with a built-in video camera.

9. TOKYO — US Transportation Secretary Anthony Foxx says his counterparts in the Group of Seven nations welcomed US guidelines on regulating self-driving cars and have agreed to work together on creating such standards to maintain safety.