News Wire

LME to ban metal tainted by child labour or corruption

15h51 The London Metal Exchange (LME) could ban or delist brands that are not responsibly sourced by 2022 under an initiative launched on Tuesday to help root out metal tainted by child labour or corruption.  Full story

Sterling slides to two-month low as Brexit pressure builds on PM May

15h44 Sterling slid to a two-month low on Tuesday as hopes for a breakthrough in Brexit talks between the ruling and opposition parties faded and British Prime Minister Theresa May faced growing pressure to quit.. . .  Full story

Italy's fiscal dispute with EU might resume after debt exceeds forecasts

15h38 Public debt in Greece and Italy, the two most indebted countries in the euro zone, grew last year while the bloc as a whole saw its liabilities decrease, the European Union statistics office said. . .  Full story

Wall St opens higher as technology shares gain

15h33 U.S. stocks opened higher on Tuesday, led by gains in technology stocks and upbeat earnings from a handful of companies including Coca-Cola and Twitter.. . .  Full story

Canadian dollar hits 4-week low ahead of BoC rate decision

15h33 The Canadian dollar weakened to a nearly four-week low against its U.S. counterpart on Tuesday as the greenback broadly climbed and as investors awaited a Bank of Canada interest rate decision on Wednesday.. . .  Full story

Twitter gains more users, Trump renews attack on social media

15h24 Twitter Inc on Tuesday posted better-than-expected quarterly revenue and a surprise increase in monthly active users, showing its efforts to police spam accounts and abusive posts were helping lure more users and advertising dollars.. . .  Full story

Saudi's Al Rajhi Bank Q1 net profit rises 21 pct

15h22 Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 21 percent rise in first-quarter net profit on Tuesday, helped by higher special commission income and fees.. . .  Full story

Earnings aid Saudi, real estate hurts Egypt

15h12 Saudi Arabia's stock market rose on Tuesday, lifted by a slew of corporate announcements, while Egypt's blue-chip index was pulled down by its real estate shares. Saudi Arabia's index added 0.4. . .  Full story

Harley-Davidson profit tops estimates as Trump weighs in

15h11 Harley-Davidson Inc surged past expectations for first-quarter profit on Tuesday and drew a change of tack from U.S. President Donald Trump, who vowed to protect the motorcycle maker from European tariffs, driving its shares up. . .  Full story

EU watchdogs give banks no leeway on Brexit-driven hub demands

15h08 European Union regulators are refusing to cut British-based banks any slack over bulking up in the bloc in preparation for Brexit, despite an extension to the process which some have taken as an opportunity to. . .  Full story

Gold falls to 4-month low on firm dollar, risk sentiment

15h08 Gold prices fell on Tuesday to a near four-month low as a firmer dollar and investors' ongoing preference for riskier assets took the sheen off the metal traditionally seen as a safe haven.. . .  Full story

Gulf OPEC members ready to raise output if there is demand -sources

15h05 Gulf OPEC producers can step in to meet any oil supply shortage following a U.S. decision to end waivers on buyers of Iranian crude, but will first wait to see whether there is actual. . .  Full story

UK watchdog urges EU to make financial market access flexible

15h00 The European Union's system of financial-market access needs adapting to avoid disputes between the EU and Britain over rules after Brexit, a top UK regulator said on Tuesday.. . .  Full story

Oil hits highest since November as U.S. tightens Iran sanctions

14h57 Oil prices hit their highest since November on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers to stop buying from Tehran.. . .  Full story

Ivorian cocoa farmers fear lack of rain could impact mid-crop

14h48 Below-average rainfall in Ivory Coast last week could affect cocoa production, farmers said on Tuesday, as good soil moisture content mitigated the impact of dry weather in several growing regions.. . .  Full story

Stocks splutter as oil races to near six-month high

14h36 Oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, giving energy company shares their best day since January but doing surprisingly little for the main petrocurrencies.. . .  Full story

Pulte tops order estimates as home prices ease, mortgage rates fall

14h35 PulteGroup Inc topped analysts' estimates for quarterly profit and new orders on Tuesday, as home demand was spurred by lower mortgage rates and easing home prices, after the Federal Reserve suspended its campaign of monetary. . .  Full story

BlackRock will not back Bayer management in AGM vote -sources

14h32 Fund manager BlackRock will not support Bayer's management in a key vote at its annual general meeting (AGM) on Friday, two people familiar with the situation told Reuters.. . .  Full story

Nickel hits two-month low on improving supply

14h23 Nickel prices hit a two-month low on Tuesday on signs of rising supply, while the wider market was mixed on conflicting signals about China's economy.. . .  Full story

Update on Deutsche Bank-Commerzbank merger talks by Friday at latest - sources

14h07 Deutsche Bank is expected to announce by Friday at the latest an update on its merger talks with Commerzbank, which are now in their sixth week, people familiar with the matter said on Tuesday.. . .  Full story

Battlelines drawn for second Spanish election debate, coalition deals unclear

14h05 The main contenders in Spain's national election prepared for a second televised debate on Tuesday after a encounter in which they accused each other of lying but left open questions about what coalition. . .  Full story

Oil traders to Saudi Arabia: "show us the barrels" - Kemp

14h00 "The United States, Saudi Arabia and the United Arab Emirates ... are committed to ensuring that global oil markets remain adequately supplied," the White House said in a press statement issued on Monday.. . .  Full story

INSIGHT-On South America's largest solar farm, Chinese power radiates

14h00 In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America's largest solar farm is rising, powered by funding and technology from China.. . .  Full story

COLUMN-In Iran oil sanctions poker game, Trump shows his hand, relies on other players: Russell

14h00 U.S. President Donald Trump has shown his cards on sanctions against Iran's crude oil exports, but whether he has played a winning hand depends on what the other players are holding.. . .  Full story

Trump warms to Harley Davidson, says EU tariffs 'unfair'

13h59 U.S. President Donald Trump on Tuesday appeared to reverse course on Harley Davidson Inc , saying European tariffs facing the motorcycle manufacturer were "unfair" and vowing to reciprocate, after urging a boycott of the company. . .  Full story

Wheat bounces from six-week low on bargain buying

13h37 Chicago wheat futures rose on bargain hunting on Tuesday, bouncing from a six-week low that was hit as a result of a positive picture for U.S. crops.. . .  Full story

Partners Group to buy Norway's CapeOmega in $1.4 bln deal

13h33 Swiss-based asset manager Partners Group has agreed to buy CapeOmega, a partner in Norwegian pipeline owner Gassled, from HitecVision for 1.2 billion euros ($1.35 billion), the companies said on Monday.. . .  Full story

German prosecutors probe bonus payments to suspended VW manager

13h33 German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was suspended over the carmaker's emissions cheating scandal.. . .  Full story

Indonesia's PLN chief named suspect in power project graft case

13h32 The chief executive of Indonesian state electricity utility Perusahaan Listrik Negara (PLN) has been named a suspect in a graft case related to a power project, the country's Corruption Eradication Commission (KPK) said on Tuesday.. . .  Full story

Sheremetyevo airport's co-owners may sell 30 pct stake

13h30 Private shareholders in Moscow's Sheremetyevo airport may sell a 30 percent stake to raise money for a potential purchase of Russia's 30.5 percent holding at a later date, the chairman of Sheremetyevo's board Alexander Ponomarenko. . .  Full story

France says Iran/Instex mechanism is making positive progress

13h22 The 'Instex' mechanism set up by France, Britain and Germany for Iran to skirt U.S. sanctions is making positive progress, said the French foreign ministry on Tuesday, as it responded to the latest moves. . .  Full story

-Belgium's Umicore warns on 2020 earnings, shares slump

13h18 Belgian materials and technology group Umicore warned on Tuesday that delays in the electric vehicle market and weak energy storage demand would hurt 2020 sales and earnings growth, setting its shares on course for their. . .  Full story

Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

13h12 A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the centre of the tussle told. . .  Full story

Dollar gains with FX volatility holding near five-year lows

13h08 The dollar held near three-week highs on Tuesday as a drop in market volatility ramped up demand for riskier assets, with higher U.S. bond yields also offering some support.. . .  Full story

How China is replacing America as Asia's military titan

13h07 In 1938, in the midst of a long campaign to bring China under Communist Party rule, revolutionary leader Mao Zedong wrote: "Whoever has an army has power.". . .  Full story

Palm hits one-week low as high stocks worries persist

13h05 Malaysian palm oil futures fell to their lowest in a week on Tuesday, their second straight day of losses as concerns persisted over high inventory levels in the world's second largest producer.. . .  Full story

Italian bond yields hit seven-week high as govt tensions grow, rating review looms

12h59 Italy's 10-year government bond yield jumped to its highest in seven weeks on Tuesday, pushed up by unease over government infighting and an upcoming ratings review.. . .  Full story

Malaysia's Leong Hup halves offer size, targets mid-May listing - sources

12h53 Malaysian poultry producer Leong Hup is targeting raising as much as $291 million in a scaled-down IPO in mid-May, sources with knowledge of the matter said, in what would be the Southeast Asian. . .  Full story

Lyft underwriters hail promising future as Uber looms

12h36 Lyft Inc picked up upbeat ratings from the brokerage arms of its Wall Street underwriters on Tuesday, allowing the ride-hailing company to recover some of the damage done to its share price in the. . .  Full story

Russia tightens grip over grain exports with state-led association

12h32 Major grain traders in Russia have agreed to create a new exporters' association led by a state-controlled firm, increasing the government's influence over supplies from the world's biggest wheat exporter.. . .  Full story

S.Korea to send delegation to U.S. for talks on Iran sanction waivers

12h30 A South Korean delegation will head to Washington as early as this week for talks with U.S. officials after the United States announced plans to end all Iran sanction waivers, two South Korean government. . .  Full story

Amazon strengthens ties with French food retailer Casino

12h17 E-commerce giant Amazon and French retailer Casino are expanding their partnership, with Amazon installing pick-up lockers in Casino stores and making more of the French company's products available on Amazon.. . .  Full story

Thomas Cook shares, bonds rally on report of suitors circling

12h15 Shares and bonds in Thomas Cook Group Plc rallied on Tuesday after a media report said the British travel company was approached by several parties about a possible takeover of its tour operating unit. . .  Full story

CLSA names U.S. head Gould as CEO to replace Slone who quit in March

12h15 Asia-focused broker CLSA has appointed Rick Gould as chief executive, replacing company veteran Jonathan Slone who resigned in March amid differences over strategy with the broker's state-backed Chinese parent CITIC Securities (CITIC).. . .  Full story

Zloty eases slightly as Polish retail sales growth slows

12h10 Central Europe's main currencies eased slightly on Tuesday as retail sales growth in Poland slowed more than expected in March. The region's most liquid units, the zloty and the forint, each. . .  Full story

China likely to pause reserve cuts, but policy easing on track-sources

12h01 China's central bank is likely to pause to assess economic conditions before making any further moves to ease lenders' reserve requirements, after better-than-expected growth data reduced the urgency for action, policy insiders said.. . .  Full story

Kraft Heinz's new CEO looks beyond cost-cutting, big M&A

12h00 Kraft Heinz Co's incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since. . .  Full story

Oil boost fails to lift European stocks as earnings kick-off

11h57 European shares fell on Tuesday as battery maker Umicore kicked off a busy week of earnings with a grim outlook and investors grew concerned about China cutting additional support to its economy, but a. . .  Full story

SE Asia Stocks-Indonesia leads gains; Philippines recovers most early losses

11h56 Indonesia led gains across Southeast Asian stock markets on Tuesday buoyed by prospects of steady economic growth in 2020, while Philippine markets ended slightly lower following a recovery in the country's largest stock.. . .  Full story

Singapore PM promotes expected successor to deputy

11h51 Singapore Finance Minister Heng Swee Keat was promoted to deputy prime minister on Tuesday, strengthening expectations he will take over as the next leader of the wealthy city-state.. . .  Full story

U.S. may follow China with Q1 GDP upside surprise

11h40 A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did not look promising at the turn of the. . .  Full story

China to announce rules soon to regulate commercial rocket industry

11h39 China's national space agency said on Tuesday it will soon announce rules to regulate commercial rocket manufacturing, test flights and launches, state media reported, as the number of private startups in the nascent sector surged. . .  Full story

Tanzania eyes 10,000 MW power generation capacity by 2025

11h26 Tanzania aims to have six times its current power generation capacity by 2025 through investment in thermal and renewable energy, deputy energy minister Subira Mgalu told parliament on Tuesday.. . .  Full story

Ahold says Stop & Shop Easter strike will hurt 2019 margins

11h22 Dutch supermarket group Ahold warned on Tuesday that a strike its Stop & Shop chain in the United States would hurt its underlying 2019 profit margin, as it missed out on around $200 million. . .  Full story

China state-owned firms' Q1 profits rise 15.6 pct

11h11 Profits earned by China's state-owned firms in the first three months of the year rose 15.6 percent from the same period a year earlier, the Ministry of Finance said on Tuesday.. . .  Full story

Emerging market stocks dip, Chinese shares seen falling further

10h59 Emerging market stocks dipped on Tuesday, and Chinese shares were seen weakening further on concerns of Beijing trimming support to an economy whose recent performance has beaten expectations.. . .  Full story

FTSE 100 hits six-month high, led by oil majors; Thomas Cook gains

10h48 London's FTSE 100 advanced on Tuesday as oil majors surged after the Unites States tightened sanctions on Iran, while tour operator Thomas Cook jumped after a report that bidders were interested in its assets.. . .  Full story

Hong Kong shares end flat; H-shares fall 0.3 pct

10h36 Shares in Hong Kong ended unchanged on Monday after a long holiday weekend, while H-shares lagged as a promise of policy fine-tuning from a top-level meeting chaired by President Xi Jinping added to investor. . .  Full story

Britons feel a boost in their finances from rising wages-survey

10h30 British households reported the strongest growth in at least a decade in their earnings from work, a survey showed on Tuesday, suggesting that consumers and their spending can keep on supporting the economy during. . .  Full story

Sri Lanka may need more IMF help as blasts threaten tourism

10h23 Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island's economy and financial markets, and potentially force it to. . .  Full story

Japan's Meiji Yasuda looks to diversify its foreign bond holdings

10h20 Japan's Meiji Yasuda Life Insurance Co plans to increase its foreign bond holdings in the fiscal year through March 2020 by diversifying into more currencies, a senior company executive said on Tuesday.. . .  Full story

Japan's Asahi Life plans to up foreign bond holdings to 150 bln yen

09h44 Japan's Asahi Mutual Life Insurance Co plans to increase its foreign bond investment by 150 billion yen and cut its Japanese bonds investment for this fiscal year amid a low-yield domestic environment, a senior company. . .  Full story

Concerns on pace of policy easing drag China shares lower

09h33 Chinese shares ended a volatile session lower on Monday, extending sharp declines from the previous session, as investors worried that Beijing could slow the pace of policy easing following a stronger-than-expected economic performance. ** At the. . .  Full story

GRAPHIC-Take Five: Spring growth? World markets themes for the week ahead

09h32 Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/CENTRAL PLANNING The 100 years since the Fed's creation in 1913. . .  Full story

S.Korean stocks largely unchanged ahead of first-quarter GDP data

09h25 Round-up of South Korean financial markets:. . .  Full story

-Ferrexpo says CSR partner could have 'misappropriated' funds

09h20 Iron ore pellet producer Ferrexpo Plc on Tuesday said some funds of a charity in Ukraine it donates to could have been "misappropriated" as indicated by findings of an ongoing independent investigation.. . .  Full story

Cash-strapped Fastjet forecasts marginal profit in 2019

09h16 Low-cost African airline Fastjet Plc reported a narrower first-quarter operating loss on Tuesday and said it expected to be marginally profitable in 2019, after a cash crunch nearly drove it into administration last year.. . .  Full story

British Land, Sainsbury sell 12 Superstores properties for $557 mln

09h05 British Land Company Plc said on Tuesday it and joint venture partner Sainsbury Plc sold 12 Superstores properties to U.S.-based Realty Income Corp for 429 million pound ($556.9 million).. . .  Full story

Yemen says it's ready to supply banks with foreign currency

09h05 Yemen's central bank said it is ready to supply commercial and Islamic banks with foreign currency to finance imports of goods into the country, which has been pushed to the brink of famine by. . .  Full story

China's Sinopec resumes U.S. oil imports after 6-month halt- sources

08h55 Asia's largest refiner Sinopec is set to receive its first U.S. crude oil cargo this week since halting imports from the country in September, two sources with knowledge of the matter said on Tuesday.. . .  Full story

Australian dollar steady ahead of inflation, kiwi languishes

08h51 The Australian dollar traded in a tight range on Tuesday, as volumes were thin in a holiday-shortened week and ahead of the all-important quarterly inflation report, while its New Zealand cousin hovered near two-month lows.. . .  Full story

Nikkei edges up as mining, refinery stocks gain after oil hits 2019 highs

08h50 Japan's Nikkei average ended modestly higher on Tuesday, with oil-related stocks leading the gains after Washington moved to end all Iran sanctions waivers, while recent gainers such as Fast Retailing and Yaskawa Electric dropped on. . .  Full story

Australia shares end at near 8-month peak; NZ hits all-time high

08h47 Australian shares ended at a near 8-month peak on Tuesday, bolstered by gains in banking and energy stocks, while New Zealand closed at a record high.. . .  Full story

Indonesia to assume 5.3-5.6 pct economic growth for 2020 - finmin official

08h34 Indonesia's government will target 5.3 percent to 5.6 percent economic growth in 2020, compared with this year's target of 5.3 percent, finance ministry official Askolani said on Tuesday.. . .  Full story

ECB's Coeure sees no argument for tiered deposit rate: FAZ

08h09 European Central Bank board member Benoit Coeure sees no reason for creating a tiered deposit rate that exempts banks from part of an ECB charge on their idle cash, he said in an interview. . .  Full story

High oil prices hit some Asian currencies, others eke out gains

08h05 The currencies of Indonesia and India fell on Tuesday, as the two countries face higher oil import bills due to global energy market developments, while most other regional ones eked out tiny gains.. . .  Full story

Sri Lankan shares dive in first day of trading after Easter Sunday attacks

07h53 The Sri Lankan stock index slumped 2.6 percent on Tuesday in its first day of trading after deadly Easter Sunday attacks that killed more than 300 people.. . .  Full story

India to get extra oil from major producers to make up for Iran oil loss - minister

07h48 India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, India's Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday.. . .  Full story

Yuan drifts amid talk Beijing may slow pace of policy easing

07h09 China's yuan was little changed against the U.S. dollar on Tuesday as investors combed through a flurry of comments from policymakers for clues on the pace of further monetary easing. After. . .  Full story

Starbucks' China challenger Luckin to raise up to $800 mln in U.S. IPO-sources

06h54 Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million.. . .  Full story

China shares extend declines on policy support concerns

06h45 Chinese shares edged lower on Monday, extending sharp declines hit in the previous session, but a see-saw trade reflected investor uncertainty over how much additional support Beijing will provide to the economy after growth beat. . .  Full story

Long-dated JGBs rise on pre-holiday buying, weaker stocks

06h37 Long-dated Japanese government bond prices gained on Tuesday as investors stepped up purchases ahead of the long Golden Week holiday and a lacklustre session in Tokyo stocks lifted the appeal of debt.. . .  Full story

China's March diesel, jet fuel exports rise, LNG imports decline

06h25 China's jet fuel exports surged 30 percent from a year earlier in March and diesel exports rose 14.2 percent, customs data showed on Tuesday, as the country's fuel surplus increased following the start up. . .  Full story

China's March scrap metals, waste and alumina trade

06h24 China's imports of scrap metal in March rebounded from the previous month's low, rising 56.25 percent to 250,000 tonnes, data from the General Administration of Customs showed on Tuesday. February's scrap. . .  Full story

Japan expects little impact from U.S. scrapping Iran oil waivers

05h53 Japan expects a limited impact from the U.S. decision not to renew waivers previously granted on Iran oil import sanctions, the country's trade and industry minister said on Tuesday.. . .  Full story

Indian junk bonds make a comeback, issuance soars

05h42 Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted by a risk-on rally prompted by a dovish U.S. Federal Reserve that has given. . .  Full story

Sri Lanka's bomb carnage casts pall over tourism revival

05h40 With its capital under curfew following devastating Easter Sunday bomb attacks on churches and upmarket hotels, Sri Lanka is filled with fear, horror and grief and tourists who have been flocking to the Indian. . .  Full story

Fast track: Indonesia, Malaysia rail projects may give China more deals

05h23 In a rural part of Indonesia's Java island, two orange-clad workers confer in Mandarin over plans to lay tracks on a stretch of a $6 billion high-speed rail project between the capital Jakarta and. . .  Full story

S.Korea stocks largely unchanged amid Iran-U.S. jitters

05h11 Round-up of South Korean financial markets South Korea's KOSPI stock index was little changed on Tuesday as investors adopted a wait-and-watch stance amid uncertainty over U.S. decision. . .  Full story

ExxonMobil agrees 20-year LNG deal with China's Zhejiang Energy

04h48 Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China's Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in. . .  Full story

S.Korea's economy seen losing steam in Q1 on weak exports

04h47 South Korea's first quarter economic growth likely slowed to the weakest pace in more than a year, a Reuters poll showed on Tuesday, as exports faltered and investment activities cooled amid U.S.-China trade. . .  Full story

S.Korea's Asiana Airlines to receive $1.4 bln support from creditors

04h35 South Korean creditors plan to provide 1.6 trillion won ($1.40 billion) in financial support to debt-laden Asiana Airlines Inc, the country's finance minister said on Tuesday, alleviating liquidity problems after a bruising month.. . .  Full story

Nikkei slips as Fast Retailing drops on profit-taking; mining shares jump

04h25 Japan's Nikkei slipped on Tuesday as investors took profits on such recent gainers such as Fast Retailing and Yaskawa Electric, offsetting gains in oil shares which rallied after the U.S. abruptly moved to end. . .  Full story

Australia shares rise to 8-month high on resource sector, NZ at new peak

03h34 Australian shares rose to their highest in nearly eight months on Tuesday buoyed by rising commodity prices and supply concerns that supported oil, while New Zealand shares jumped to a record high.. . .  Full story

RBS tops up small business support fund, downplays Brexit effect

01h01 British state-controlled lender the Royal Bank of Scotland has doubled its funding pot to support small businesses to 6 billion pounds ($7.8 billion), but says the extra cash is no longer primarily for Brexit-proofing businesses.. . .  Full story

China's Didi recruits Colombian drivers ahead of Bogota launch

00h50 Chinese ride-hailing giant Didi Chuxing said on Monday it is beginning to recruit drivers ahead of its launch in Colombia's capital Bogota in the coming months.. . .  Full story

Lean hog futures lower on weaker cash, long liquidation

00h38 U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said.. . .  Full story

Australia shares to rise thanks to jump in oil prices, NZ up

00h12 Australian shares are expected to rise on Tuesday after the Easter break with energy stocks likely to receive a bump from rising oil prices on a supply squeeze. The. . .  Full story

Halliburton sees signs of price recovery, shares dip

22/04 Halliburton Co sought to convince investors on Monday that weak pricing which has undermined oilfield services providers over four years was on the verge of turning a corner.. . .  Full story

Paperwork problem delays Canadian pork shipments to China

22/04 Some Canadian pork shipments to China have been delayed by exporters using outdated forms to certify that the cargoes meet Chinese requirements, the Canadian Food Inspection Agency (CFIA) said on Monday.. . .  Full story

Wheat down on strong production prospects; corn, soy also weak

22/04 Chicago wheat futures fell more than 1% to a one-month low on Monday, pressured by generally favorable U.S. crop conditions and expectations of abundant global supplies, traders said. Corn fell in. . .  Full story

Whirlpool profit beats on price hikes, shares jump

22/04 Appliances maker Whirlpool Corp beat analysts' estimates for quarterly profit on Monday, fueled by price increases to counter higher raw material and freight costs.. . .  Full story

U.S. to end all waivers on imports of Iranian oil, crude price jumps

22/04 The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs. . .  Full story

Wall St near flat in quiet session ahead of earnings wave

22/04 U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings.. . .  Full story