IBT Staff Reporter

Brazilian Economy Minister Paulo Guedes said he was ready to remain in office for a potential second term of President Jair Bolsonaro, but indicated that he would need support for his pro-market agenda.

Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger bank at up to $565 million, one of the biggest transactions in Italy's blooming digital bank industry, sources told Reuters.

A top European Union official on Tuesday said the Polish president's move to dismantle a contentious disciplinary system for judges was a step in the right direction, but warned the row, which has cost Warsaw billions in EU funding, was not over.

Ukraine wants to launch talks with the International Monetary Fund on a new programme in April to reassure markets that have been rattled by tensions with Russia, Central Bank Governor Kyrylo Shevchenko told Reuters.

U.S. President Joe Biden on Tuesday plans to tout progress by government and private industry to boost American production of minerals used to make electric vehicles, cell phones, weaponry and a range of related electronics, the White House said.

U.S. President Joe Biden on Tuesday touted progress by government and private industry to boost American production of minerals used to make electric vehicles and other renewable energy products, but stressed that new mines must benefit host communities and not damage the environment.

Gas prices 'in God's hands', producers warn as Ukraine crisis sparks surge

Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure to follow suit, investors and dealmakers said.

Talks on restoring a deal to curb Iran's nuclear programme and ease sanctions are near conclusion, a Russian envoy said on Tuesday, and sources close to the negotiations said a prisoner swap between Iran and the United States is expected soon.

The United States and its allies are coordinating new sanctions on Russia after Moscow recognised two regions in eastern Ukraine as independent, officials said.

Russia's parliament was expected on Tuesday to ratify treaties with two separatist Ukrainian regions, a step that could pave the way to Moscow building military bases there, adopting a joint defence posture and tightening economic integration.

European banks on Tuesday were bracing for fallout and fresh sanctions after Russia ordered troops into breakaway regions of eastern Ukraine, with HSBC warning of market contagion and Austria's Raiffeisen Bank International preparing "crisis plans".

European banks on Tuesday were bracing for the fallout from fresh global sanctions as the Ukraine crisis escalated, although U.S.

Saudi Arabia held celebrations on Tuesday to commemorate for the first time its foundation nearly 300 years ago, choosing a date that downplays the central role played by clerics from the ultra-conservative Wahhabi school of Islam.

Investors are reviving one of the most unprofitable wagers of the past two decades and betting that a combination of politics and price pressures would prompt the unthinkable: a hawkish shift at the Bank of Japan, perhaps as soon as the summertime.

Volkswagen AG and Porsche SE have negotiated a framework agreement to prepare for an IPO of Porsche AG, the companies said on Tuesday, in the first confirmation by the players involved that a listing could be on the table.

Volkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for a deal that investors hope will unlock value from the luxury car brand and could be one of the world's largest stock market debuts.

Volkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for a deal that investors hope will unlock value from the luxury car brand and could be one of the world's largest stock market debuts.

No full recovery until 2024, says Dubai airports chief

A consortium backed by Airbus and Safran has agreed to buy superalloys supplier Aubert & Duval from Eramet after the French government stepped in to protect its strategic interests in the maker of fighter jet and submarine parts.

European shares hit seven-month lows on Tuesday before recouping some losses, pressured by the prospect of harsh sanctions against Russia, which has ordered troops into two breakaway regions of eastern Ukraine.

European shares ended flat on Tuesday as gains in auto and travel shares were offset by geopolitical risks, with some Western countries imposing sanctions on Russia after it ordered troops into two breakaway regions of eastern Ukraine.

London Stock Exchange Group has agreed to buy U.S.

European Union ambassadors began meeting on Tuesday to discuss sanctions against Russia after its recognition of two breakaway regions of Ukraine, and the EU's top diplomat promised the first punitive measures later in the day.

European Union ministers said they would agree on Tuesday the first round of tough but incremental sanctions against Russia over its formal recognition of two breakaway regions in eastern Ukraine.

European Union sanctions on Russia could include putting hundreds of politicians and officials on black lists, a ban on trading in Russian state bonds and an import and export ban on separatist entities, EU diplomats and officials said on Tuesday.

The European Union is close to agreeing sanctions on Russia that would put politicians and officials on blacklists, ban trading in Russian state bonds, and target imports and exports with separatist entities, senior EU officials said on Tuesday.

The European Union is close to agreeing sanctions on Russia that would put politicians and officials on blacklists, ban trading in Russian state bonds, and target imports and exports with separatist entities, senior EU officials said on Tuesday.

The European Union agreed new sanctions on Russia that will blacklist more politicians, lawmakers and officials, ban EU investors from trading in Russian state bonds, and target imports and exports with separatist entities.