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TOP STORIES

Food, rental housing bump up U.S. consumer inflation

WASHINGTON - U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low. (USA/ECONOMY (WRAPUP 1), expect by 0900 ET, by Lucia Mutikani, 500 words)

Europe's banks prepare for ECB tests with new provisions

LONDON - The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months. (BANKS-TESTS/PROVISIONS (UPDATE 1, GRAPHIC), moved, by Laura Noonan, 1,100 words)

UK inflation falls to lowest in over four years in March, house prices up strongly

LONDON - British inflation falls to its lowest in over four years in March, dipping further below the Bank of England's target and easing the pressure on Britons' living standards. (BRITAIN-INFLATION, (UPDATE 1), expect by 1300 GMT, by Ana Nicolaci da Costa and David Milliken, 900 words)

Coca-Cola sales beat estimates as China volumes soar

Coca-Cola Co reported better-than-expected quarterly revenue as strong sales in China more than offset a drop in Europe and flat volumes in North America. (COCACOLA-RESULTS/(UPDATE 1), moved, 230 words)

MARKETS

LONDON - The world's major financial markets traded with a cautious tone on Tuesday, with shares weaker and bonds firmer as investors weighed up deepening tensions between Russia and Ukraine, mixed corporate earnings and signs of slowing growth in China. (MARKETS-GLOBAL/ (WRAPUP 4) moved, by Jamie McGeever, 800 words)

ECONOMY

MANNHEIM, Germany - German analyst and investor sentiment falls for the fourth month in a row in April, a leading survey showed on Tuesday, dropping more than expected as the crisis in Ukraine continued to weigh on the outlook for Europe's largest economy. (GERMANY ECONOMY/ZEW (UPDATE 1), moved, by Eva Taylor and Kirsti Knolle, 350 words)

China money market shrugs off massive drain, benchmark rate slides

SHANGHAI - China's key money rates fall as dealers in the interbank market ignores a massive 178 billion yuan ($28.62 billion) drain by the central bank during open market operations, the largest single-day drain since February. (MARKETS-CHINA-BONDS/, moved, by Jacqueline Wong, 475 words)

Japan PM talks with BOJ chief, does not push for easing

TOKYO - Prime Minister Shinzo Abe meets with Bank of Japan Governor Haruhiko Kuroda on Tuesday but did not pressure the central bank chief to ease policy, curbing speculation that the BOJ might take more aggressive action this month. (JAPAN-ECONOMY/KURODA-ABE (UPDATE 3), moved, by Stanley White, 600 words)

NZ Finance Minister reaffirms budget surplus, spending restraint

WELLINGTON - New Zealand will post a budget surplus in the coming financial year, and will keep a tight rein on government spending to help limit rate rises in the strongly-growing economy, the finance minister says. (NEWZEALANDECONOMY/ENGLISH, moved, by Gyles Beckford, 300 words)

COMPANIES

Basel eases new rule to curb banks' exposures to customers

LONDON - Global regulators have eased a new rule limiting how much business a bank can undertake with a single customer to minimise fallout if the counterparty goes bust. (BANKING-REGULATIONS/BASEL (UPDATE 1) expect 1330, by Huw Jones, 500 words)

Zebra Tech to buy Motorola Solutions' enterprise business

Barcode printer maker Zebra Technologies Corp says it will buy Motorola Solutions Inc's enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash. (MOTOROLA SOLU ZEBRA TECH/ (UPDATE 1), moved, 300 words)

Diageo in $1.9 bln bid to raise stake in India's United Spirits

MUMBAI - Diageo Plc, the world's biggest spirits company launchedsa bid to nearly double its stake in India's United Spirits Ltd, betting $1.9 billion that increasingly wealthy consumers will drink more alcohol. (UNITED SPIRIT-DIAGEO (UPDATE 2), expect by 1200 GMT, by Chatterjee/Bose/Geller, 700 words)

New cancer drugs limit Roche first-quarter sales drop

ZURICH - A strong uptake of new cancer medicines helped Roche to limit a decline in first-quarter sales and the Swiss company confirmed a forecast for higher earnings this year. (ROCHE HLDG RESULTS/ (UPDTAE 2), moved, by Caroline Copley, 700 words)

Nestle sees faster growth after weak start to year

ZURICH - Nestle expects sales growth to pick up in the next few quarters after slowing to 4.2 percent in local currencies in the first, when unusually cold weather hit sales in North America and cost-conscious Europeans continued to opt for cheaper brands. (NESTLE-RESULTS (UPDATE 2), moved, by Silke Koltrowitz, 650 words)

China Inc joins the big league in oil and gas services

Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals. (CHINA-OIL/EQUIPMENT, by Charlie Zhu and Andrew Callus, moved, 1,050 words)

Infosys sees FY15 sales growing 7-9 pct, attrition rate rises

BANGALORE - Infosys Ltd, India's second largest software services exporter, forecast sales to grow between 7 and 9 percent this fiscal year, slightly below expectations, boosted by an increase in IT spending by its U.S. and European clients. (INFOSYS-RESULTS (UPDATE 2), moved, by Soham Chatterjee and Nivedita Bhattacharjee, 550 words)

Yangtze River Delta becomes epicentre for China credit risk

SUZHOU, China - Suzhou, an ancient city in Jiangsu province 100 km (60 miles) west of Shanghai, lives in legend as one of China's most beautiful, famous for its elegant gardens and charming canals. More recently, it is an industrial powerhouse, sitting at the heart of the Yangtze River Delta region that, along with the Pearl River Delta in Guangdong, and driving China's economic boom. (CHINA-DEBT/YANGTZEDELTA, moved, by Gabriel Wildau, 1,150 words)

COMMODITIES

INTERVIEW-Japan's Osaka Gas seeks U.S. shale gas stake

TOKYO - Osaka Gas Co is looking to buy a stake in at least one U.S. shale gas project to help supply fuel to the Freeport LNG project in Texas, a senior company official said on Tuesday. (JAPAN OSAKA GAS/ moved, by Osamu Tsukimori, 400 words)

China iron ore mountain a risk as financing crackdown bites

SINGAPORE - A crackdown in China on financing, that is backed by commodities risks unleashing a flood of iron ore sales from tens of millions of tonnes of the raw material sitting at Chinese ports, raising the prospect of a renewed price slump. (IRONORE-FINANCING/, moved, by Manolo Serapio Jr, 1,000 words.)

Bad weather cuts Rio Tinto's iron ore shipments

SYDNEY - Rio Tinto's iron ore shipments falls 8 percent in the first-quarter from the previous quarter due to weather-related disruptions in Australia and Canada, but the miner says it was on track to meet its full-year target. (AUSTRALIA-RIOTINTO/ (UPDATE 2), moved, by James Regan, 750 words)

S.Korea March Iran oil imports drop as maintenance starts

SEOUL - South Korea's oil imports from Iran fall 76 percent in March from a month earlier as one of the two Korean refiners that import the crude started a shutdown for maintenance, according to Korean customs data and a refining source.(CRUDE KOREA, moved, by Meeyoung Cho, 400 words)

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