Finance news you need to know today

THERESA May says she’s ready to walk away from Brexit negotiations without a deal with the European Union if the agreement isn’t good enough.

THE Australian market looks set to open flat with little to lead it with US and British markets closed due to public holidays. At 0703 AEST on Tuesday, the share price futures index was down four points, or 0.07 per cent, at 5,709.

Meanwhile, the Australian dollar is hardly changed against a steady US counterpart with northern American traders absent on the Memorial Day public holiday. The local currency was trading at 74.39 US cents at 0703 AEST on Tuesday, from 74.30 on Monday.

ELSEWHERE:

LONDON — British Prime Minister Theresa May says she’s ready to walk away from Brexit negotiations without a deal with the European Union if the agreement isn’t good enough.

LONDON — The leader of Britain’s opposition Labour Party says he will ensure there is Brexit deal with the European Union if he wins power, in contrast to Prime Minister Theresa May who has said she would be prepared to walk from a bad deal.

LONDON — British Airways says it will take steps to ensure there is no repeat of a computer system failure that stranded 75,000 passengers over a holiday weekend and turned into a public relations disaster.