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  • NEW YORK, May 31- Oil prices dipped on Tuesday as a stronger dollar and slide in equity prices sparked profit-taking, but crude futures posted a fourth straight monthly gain as investors bet that the global glut was slowly easing. Caution ahead of weekly U.S. crude inventory data kept investors from pushing prices toward seven-month highs above $50 a barrel.

  • NEW YORK, May 31- U.S. stock prices fell on Tuesday on weaker-than-expected economic data, while expectations of a possible Federal Reserve interest rate increase lifted the dollar to near a two-month high against a basket of currencies. The S&P 500 index is poised for a third straight month of gains in May, but it may struggle to post further gains due to the risk of...

  • VIENNA, May 31- A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be a rare compromise candidate to lead the group amid rising tensions between Saudi Arabia and Iran. Rivalries between OPEC heavyweights Saudi Arabia, Iran and Iraq have so far prevented the group from choosing...

  • LONDON/ MILAN, May 31 (Reuters)- European shares fell on Tuesday, hit by weakness among banking stocks and Volkswagen, whose shares retreated after the carmaker reported first-quarter earnings. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over the rigged test while pushing a strategic overhaul across its 12-...

  • LONDON— The British pound fell sharply Tuesday after two opinion polls for The Guardian newspaper indicated support for a British exit from the 28- country European Union in next month's referendum. Within minutes of the release of the latest poll results, the pound, which is also known as sterling, was down a cent at $1.4550 while the FTSE 100 index of leading...

  • NEW YORK, May 31- U.S. government bond prices fell on Tuesday on upbeat consumer spending data that support the view of a possible U.S. rate increase, while the dollar edged up near a two-month peak against a basket of currencies. "Chances are the Fed will go in the coming months if the economy holds up," said Ellis Phifer, senior market strategist at Raymond James in...

  • *Trade sees risks La Nina could bring drought to Brazil. *Dry weather concerns seen in Vietnam, Indonesia, India. Brazil is the world's top coffee producer.

  • LONDON, May 31- Sterling fell to a one-week low on Tuesday, hurt by month-end selling and polls showing support for those who want Britain to leave the European Union is rising, adding to growing uncertainty about the June 23 membership referendum. A separate weekly online poll by ICM published simultaneously showed voters favored Britain leaving the EU by 47...

  • NEW YORK, May 31- Oil prices rose on Tuesday, heading for the four straight monthly gain, with investors betting on higher U.S. fuel demand as peak driving season arrived in the No. 1 oil consumer. Data from market intelligence firm Genscape showed a drawdown of 686,700 barrels at the Cushing, Oklahoma delivery point for U.S. crude futures in the week to May 27, traders...

  • LONDON/ MILAN, May 31 (Reuters)- European shares fell on Tuesday, hit by weakness among banking stocks and Volkswagen whose shares retreated after the German carmaker reported first-quarter earnings. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over its rigging of diesel emissions tests while pushing a...

  • HELSINKI— Iran's foreign minister has appealed to the United States to refrain from "retribution" against European banks that want to do business with his country as it opens up to global trade ties. Zarif was speaking Tuesday during a news conference in Helsinki with Finnish counterpart Timo Soini at the start of a regional tour of Finland, Sweden and Latvia.

  • *Tata losing $15 per tonne on steel made in Europe. *GRAPHIC- Tata Steel's UK, Dutch plants http://tmsnrt.rs/1NVT4jL. IJMUIDEN, Netherlands/ LONDON, May 31- With Tata Steel's troubled British operations up for sale, Dutch workers at its only other European site for primary steelmaking are in defensive mood, and yet the plant may have a bright future.

  • LONDON, May 31 (Reuters)- European stock markets fell on Tuesday, hit by a drop in Volkswagen whose shares retreated after the German carmaker reported first-quarter earnings. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over its rigging of diesel emissions tests while pushing a strategic overhaul across its...

  • LONDON, May 31- Gold rose on Tuesday, rebounding from a three-and-a-half-month low hit in the previous session, but remained on track for its biggest monthly decline since November on broad strength in the dollar and growing expectations of an imminent U.S. rate hike. Spot gold was up 0.5 percent at $1,210.86 an ounce by 0942 GMT, having fallen by as much as 1 percent...

  • LONDON— Consumer prices across the 19- country eurozone fell again in May but look set to rise in the months ahead due to the recent pick-up in oil prices— an outlook that means the European Central Bank will likely refrain from announcing more stimulus measures this week. The ECB's primary goal is to maintain a headline inflation rate just below 2 percent, but...

  • LONDON, May 31- European stock markets fell on Tuesday, hit by a drop in carmaker Volkswagen whose shares retreated after VW reported first-quarter earnings. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over its rigging of diesel emissions tests while pushing a strategic overhaul across its 12- brand group.

  • Stephen Hawking gives a lecture on the Spanish Canary island of Tenerife on September 23, 2014.

    Stephen Hawking has admitted that he is stumped by the popularity of Donald Trump or the need for Britain to leave Europe.

  • BRUSSELS— Strikes by public-sector employees across Belgium intensified Tuesday, with train and bus services disrupted along with schools, prisons and mail delivery as workers protested against the government's social and economic policies. Belgium's state railway said that domestic services in the country's French-speaking south ground to a halt on...

  • The price of oil has almost doubled since early February, and U.A.E. Energy Minister Suhail al-Mazroui said he is "optimistic" about the state of the energy market. Ministers from OPEC nations will meet in Vienna this week. David Schiegoleit, managing director of investments for the private client reserve at U.S. Bank, said he thinks oil won't go much higher unless...

  • SINGAPORE/ TOKYO, May 31- Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S. European markets are poised for a mixed start, with financial spreadbetters expecting Britain's FTSE 100 to open down 0.3 percent lower, France's CAC to begin the day...