Oil settles up on Shanghai lockdown easing, Russian production cuts

(Reuters) -Oil prices settled higher on Tuesday as lockdowns eased in Shanghai and as Russian oil and gas condensate production fell to 2020 lows and OPEC warned it would be impossible to replace potential supply losses from Russia.

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12-04-2022

Global stocks pare gains, bond yields slip on inflation data

WASHINGTON (Reuters) -Global equities reversed earlier gains on Tuesday, while U.S. Treasury yields slipped as data showing a jump in U.S. inflation was in line with expectations gave investors some relief.

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12-04-2022

Oil rises on Russian oil production constraints

(Reuters) -Oil prices climbed on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC warned it would be impossible to replace potential supply losses from Russia.

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12-04-2022

Sri Lanka unilaterally suspends external debt payments, says it needs money for essentials

COLOMBO/LONDON (Reuters) -Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.

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12-04-2022

Stocks climb, U.S. Treasury yields slip as U.S. inflation data fails to surprise

World stocks edged higher after a wobbly start on Tuesday, while U.S. Treasury yields slipped as data showing a jump in U.S. inflation was in line with expectations.

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12-04-2022

New York lieutenant governor charged with bribery over campaign finance scheme

New York Lieutenant Governor Brian Benjamin has been arrested and charged with bribery and fraud for allegedly directing state funds to a group controlled by a real estate developer who was a campaign donor, U.S. prosecutors said on Tuesday.

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12-04-2022

Renault considering shifting production of Alpine A110 successor to UK -La Tribune

PARIS (Reuters) -French car marker Renault is considering shifting production of the successor to its Alpine A110 model to Britain, news website La Tribune reported.

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12-04-2022

U.S. Treasury issues general license for wind-down of transactions involving Sberbank units

The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank Europe AG through July 11.

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12-04-2022

Surging gasoline price boosts March US CPI

U.S. monthly consumer prices increased by the most in 16-1/2 years in March as Russia's war against Ukraine boosted the cost of gasoline to record highs, cementing the case for a 50 basis points interest rate hike from the Federal Reserve next month.

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12-04-2022