ASX LIVE: Wall Street gains; Austal cuts profit guidance, inflation data ahead

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ASX LIVE: Wall Street gains; Austal cuts profit guidance, inflation data ahead
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Google, YouTube sales jump. Snap shares sink on weak guidance. Gold, oil edge higher. ASX futures lift 0.26pc. Follow latest here.

, the billionaire real estate investor and owner of Tottenham Hotspur football club, has been charged over multiple alleged instances of insider trading, US prosecutors said on Tuesday .

The 86-year-old, who is one of Britain’s richest men, is accused of tipping off employees, associates, friends and romantic interests with non-public information about various entities, and lending some of them hundreds of thousands of dollars to trade on the privileged knowledge.

Mr Lewis, whose investments are largely held through a portfolio company, Tavistock Group, is alleged to have shared information about publicly traded life science groups Solid Biosciences and Mirati Therapeutics, as well as beef producer Australian Agricultural Company and a special purpose acquisition company, BCTG.

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