We are live in Glasgow, Rome and London ahead of the landmark COP26 summit. UK Prime Minister Boris Johnson says humanity must not flinch in the face of the climate change. However, U.S. President Joe Biden voiced disappointment at the slow progress seen during the G20 in Rome and lashed out at the lack of climate commitment from China, Russia and Saudi Arabia. Washington and Brussels agree on lifting steel and aluminium tariffs while Italian PM Mario Draghi tells CNBC he has high hopes for a return to multilateralism. And in Asia, markets are broadly higher. The Nikkei is leading gains as Japan’s ruling LDP maintains its majority in parliament.

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