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Civilians act to bring aid to Myanmar earthquake victims
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US trade gap narrows in February ahead of bulk of Trump tariffs
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Stocks, dollar and oil sink as gold hits high on Trump tariffs
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Arsenal defender Gabriel out for rest of the season
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Trump says US to emerge 'stronger' as markets tumble over tariffs
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Wiegman says Belgium games can aid England's women's Euros title defence
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Prosecutors demand jail term for Ancelotti for tax fraud
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Syria accuses Israel of deadly destabilisation campaign
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Skiing World Cup champion Brignone suffers broken leg
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Iconic Paris hotel Lutetia taken over by Mandarin Oriental
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Nepal capital chokes as wildfires rage
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AI could impact 40 percent of jobs worldwide: UN
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Liverpool's Slot happy to let Premier League title bid take its course
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Tesla sales fall again in Germany amid Musk backlash
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Italy's skiing champion Brignone air-lifted to hospital after crash
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Defending champion I Am Maximus heads final field for Grand National
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Rubio says US committed to NATO - but tells allies to spend more
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India eyes opportunity despite Trump tariffs hit
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UK show reveals tawdry tale of Shakespeare folio theft
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Top Russian official in Washington for talks on improving ties
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Sinner's former physio to blame for failed dope tests, says ex-physical trainer
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Germany slams Trump tariffs, US tech titans in crosshairs
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Hungary announces ICC withdrawal as Israel's Netanyahu visits
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Trump's tariffs sting Asian giants, including US allies
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India says 'examining the implications' of US tariffs
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Evenepoel set to make injury return at Tour de Romandie
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USA sole bidder for 2031 Women's World Cup, UK set to host in 2035 - Infantino
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McLaren's Norris says it's 'our turn' for success
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Lessons and liquids: buried alive in Myanmar's earthquake
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Trump tariffs spark fears for Asian jobs, exporting sectors
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Runners fly to North Korea for first post-Covid Pyongyang Marathon
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Hamilton rubbishes claims he's lost faith in Ferrari
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Nintendo Switch 2 sparks excitement despite high price
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Sri Lanka's crackdown on dogs for India PM's visit sparks protest
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S Korea police raise security levels ahead of impeachment verdict
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Tsunoda vows to bring 'something different' after Red Bull promotion
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Verstappen not happy with Tsunoda-Lawson Red Bull swap
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Experts accuse 54 top Nicaragua officials of grave abuses
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Remains of 30th victim of Los Angeles fires found
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EU to target US online services after Trump tariffs: France
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How Trump's 'liberation day' tariffs will impact China
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Search for long-missing flight MH370 suspended: Malaysia minister
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Europe hits out at Trump tariffs, keeps door open for talks
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Lawson vows to prove he belongs in F1 after shock of Red Bull axing
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Australia sweats through hottest 12 months on record: official data
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Livestock theft is central to jihadist economy in west Africa
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South African artist champions hyenas in 'eco-queer' quest
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Danish PM in 'unity' Greenland visit amid US takeover threats
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Taiwan says US tariffs 'highly unreasonable'
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Lawson says ruthless Red Bull axing was 'tough to hear'
CMSC | -1.49% | 22.17 | $ | |
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RBGPF | -0.41% | 67.72 | $ |

Oil prices fall as tensions ease
Oil prices fell Tuesday on easing geopolitical concerns surrounding major crude producers Iran and Russia while stock markets traded mixed.
French President Emmanuel Macron said he had convinced Russia's Vladimir Putin not to escalate the crisis around Ukraine, ahead of talks in Kyiv aimed at defusing fears Moscow could invade.
At the same time, talks to revive a deal with Iran on its contested nuclear programme were set to resume Tuesday after Washington and Tehran signalled their willingness to clinch an agreement as soon as possible.
Edward Moya, analyst at trading group OANDA, said signs of progress in US-Iran nuclear talks -- which could see Tehran sell oil internationally again -- would likely not have much long-term impact on the oil price rally towards $100 per barrel.
"Energy traders locked in some profits over optimism that the US and Iran might be able to salvage a nuclear deal," he said.
"The oil market still remains heavily in deficit and whatever weakness happens to prices will likely be short-lived."
Surging oil prices -- Brent crude hit the highest level for more than seven years at $94 per barrel on Monday -- saw BP swing back into a big profit last year, the British energy giant announced.
The expected turnaround -- after huge losses in 2020 as the pandemic slammed oil prices -- saw BP's share price rise only modestly before turning lower.
The price of aluminium surged to the highest level in 14 years -- $3,236 per tonne -- on stretched supplies after China placed the city of Baise -- a key producer of the base metal -- in Covid lockdown.
- Chips race -
In Asia, SoftBank announced that the $40-billion sale of chip powerhouse Arm to Nvidia had collapsed because of "significant regulatory challenges" over competition concerns.
The Japanese telecoms firm-turned-investment giant also reported net profit of $251 million in the third quarter.
In Europe, the EU unveiled a 43-billion-euro plan to quadruple the supply of semiconductors in the region by 2030, hoping to limit the bloc's dependence on Asia for a key component used in electric cars and smartphones.
However shares in leading European chipmakers, STMicroelectronics and Infineon, both fell.
On Wall Street, share prices were higher as investors await key US inflation data Thursday tipped to show more painful price rises in January after a four-decade high in December.
But sentiment was more muted in Europe, where stock markets in London and Frankfurt were lower by mid-afternoon trading while Paris was tentatively higher.
Investors are bracing for central banks to raise interest rates to tame inflation, a move that could weigh down on the global economic recovery.
But Michael Hewson of CMC Markets said that "by and large markets and investors are getting used to the idea of higher rates from central banks."
- Key figures around 1445 GMT -
New York - Dow: UP 0.3 percent at 35,191.55 points
London - FTSE 100: DOWN 0.1 percent at 7,564.10
Frankfurt - DAX: DOWN 0.04 percent at 15,201.11
Paris - CAC 40: UP 0.05 percent at 7,012.91
EURO STOXX 50: DOWN 0.1 percent at 4,115.25
Tokyo - Nikkei 225: UP 0.1 percent at 27,284.52 (close)
Hong Kong - Hang Seng Index: DOWN 1.0 percent at 24,329.49 (close)
Shanghai - Composite: UP 0.7 percent at 3,452.63 (close)
Euro/dollar: DOWN at $1.1409 from $1.1440 late Monday
Pound/dollar: UP at $1.3543 from $1.3532
Euro/pound: DOWN at 84.25 pence from 84.51 pence
Dollar/yen: UP at 115.47 from 115.10 yen
Brent North Sea crude: DOWN 2.0 percent at $90.87 per barrel
West Texas Intermediate: DOWN 1.9 percent at $89.54 per barrel
burs-spm/rl
F.Cardoso--PC