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  • CRUDE OIL FUTURES HIT $65.95/ BBL, HIGHEST SINCE OCT 2018, AFTER WASHINGTON ANNOUNCES END TO ALL IRAN SANCTION WAIVERS.

  • SINGAPORE, April 23- Nickel prices fell on Tuesday, with new data showing a global nickel deficit had narrowed at the end of February, while investors worried that China may ease its stimulus measures. Benchmark nickel dropped as much as 0.8 percent to $12,575 a tonne, its lowest intra-day level since Feb. 19, while Shanghai's most active nickel contract fell 1.4...

  • NEW DELHI, April 23- Voting began in the third and largest phase of India's staggered general election on Tuesday, including in Prime Minister Narendra Modi's home state of Gujarat and southern Kerala, where opposition Congress party chief Rahul Gandhi is contesting. "This is, sort of, an inflection point," said Rahul Verma, a fellow at the New Delhi- based think-tank...

  • HOUSTON, April 22- Dow Inc locked 226 employees out of its Houston- area chemical plant in Deer Park, Texas, on Monday afternoon after United Steelworkers union workers rejected the latest labor contract proposal, USW officials said. "Our Deer Park site will continue to operate in the safe and reliable manner our neighbors, employees and customers have come to...

  • The decision by the Trump administration not to renew any of the waivers extended six months ago to eight importers of Iranian crude, including top buyers China and India, is a clear escalation of Washington's campaign against Tehran's nuclear programme. It may be the case that Chinese refiners are stocking up on Iranian crude in anticipation of not getting...

  • April 23- Gold prices edged up on Tuesday as Washington moved to choke off Iran's oil revenues, prompting safe haven buying, but gains were capped by a strong dollar and Asian shares hovering near a nine-month peak. *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...

  • SYDNEY, April 23- U.S. wheat futures edged lower on Tuesday as the U.S. Department of Agriculture said the condition of the crop was above market expectations, pushing prices to a six-week low. *The most active wheat futures on the Chicago Board of Trade were down 0.2 percent at $4.41 a bushel by 0059 GMT, near the session low of $4.40-1/ 4 a bushel- the lowest since March...

  • TOKYO, April 23- Asian shares were little changed on Tuesday, hovering not far from nine-month peaks hit last week, with concerns China may slow the pace of policy easing curbing the market's enthusiasm. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, while Japan's Nikkei average eased 0.2 percent. China stocks fell from a 13- month...

  • TOKYO, April 23- Japan expects a limited impact from a U.S. decision to force buyers of Iranian crude oil to stop purchases from next month, trade and industry minister Hiroshige Seko said on Tuesday. Seko also told reporters at a regular press conference that the Japanese government did not see any need to tap national oil reserves following the U.S. decision by...

  • TOKYO, April 23- The dollar trod water against other major currencies in early Asian trade on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clamp down on Iranian oil exports from next month. Financial markets in Australian and New Zealand reopened after the long Easter holiday, and were set to reopen...

  • *U.S. reiterates its goal to cut Iran oil exports to zero. SINGAPORE, April 23- Oil prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran. The British bank added that Washington's target to cut Iran oil exports to zero posed a "material...

  • CHICAGO, April 22- 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 the company was created in 2015.. Patricio, a 52- year-old Portuguese native who will take over the helm of the world's fifth...

  • Here are some key facts about Japan's monarchy. -Traditionalists believe Japan's imperial institution is the world's oldest hereditary monarchy. -Japanese wartime leaders used a state Shinto religious ideology to mobilise the masses to fight World War Two in the name of a divine emperor, but Japan's post-war constitution established the separation of...

  • SAN FRANCISCO, April 22- Chief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some U.S. markets next year, continuing a habit of bold pronouncements that have excited many investors while often missing deadlines. "Probably two years from now we'll make a car with no steering wheels or pedals," Musk predicted, while...

  • CHICAGO, April 22- 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. Chicago Mercantile Exchange live cattle futures followed hogs lower. Hogs in the Iowa and southern Minnesota cash market were down 33 cents on Monday at $81.39 per cwt, according to the U.S....

  • PRESIDENT DONALD TRUMP WILL MAKE A STATE VISIT TO THE UNITED KINGDOM IN JUNE AND WILL VISIT BUCKINGHAM PALACE- SKY NEWS.

  • The Indiana Chamber of Commerce took the unusual step of calling out Pruitt and Rail Point- a coal company with whom he has registered as a lobbyist- for pressuring local lawmakers to block utilities Vectren Corp and the Northern Indiana Public Service Co from shutting their remaining coal plants and replacing their generation capacity with natural gas and...

  • Last week, reviewers started posting problems with the device on Twitter, but as of Friday the company did not know the root cause of the screen defects, according to Patrick Moorhead, founder of Moor Insights& Strategy, who said he was in direct contact with the company. About 50 units of the $1,980 foldable device had been sent for review to journalists, analysts...

  • BRASILIA, April 22- Brazil's President Jair Bolsonaro believes there is no reason for the country's truckers to go on strike, his spokesman said on Monday. General Otavio Rego Barros told reporters in Brasilia that the government's talks with truckers were aimed at securing a good outcome to avoid a strike. A 2018 truckers strike paralyzed Brazil's economy, and...

  • Better-than-expected revenue in North America, along with the company's claim that prices were bottoming out, initially drove shares in the oilfield services giant almost 5 percent higher after it published first quarter results. The Houston- based company, known globally for its investment in post-war Iraq, posted an 11 percent rise in international...