WORLD FINANCE UPDATE:
The Australian dollar has slipped on the back of an oil price slump.
At 0700 AEDT on Tuesday, the local unit was trading at 75.08 US cents, down from 75.61 US cents on Monday.
And the Australian share market looks set to open higher following an unconvincing positive lead from Wall Street where losses in energy shares were offset by consumer discretionary gains and investors laid low ahead of a US Federal Reserve meeting.
At 0645 AEDT on Tuesday, the share price index was up 15 points at 5,188.
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ELSEWHERE:
TEHRAN - A global deal to freeze oil production could be signed in April and exclude Iran, which has the right to boost output after years of sanctions, Russian energy minister Alexander Novak says.
LONDON - OPEC has predicted global demand for its crude oil will be less than previously thought in 2016 as supply from rivals proves more resilient to low prices, increasing the excess supply on the market this year.
DUBLIN - The former head of Anglo Irish Bank has been formally charged with 33 counts relating to the collapse of the failed lender, appearing in an Irish court for the first time since his extradition from the United States.
BERLIN - Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them says.
NEW YORK - A criminal investigation is under way after a video surfaced online showing a man urinating on a Kellogg factory assembly line.
NEW YORK - Hertz Global Holdings will sell the bulk of its stake in China's CAR Inc, even as it extends a commercial agreement to between the car rental companies to 2023.
