Reuters Before the Bell: Brent oil resumes climb to $70 on tightening supply

Click to View in Browser Thursday, April 4, 2019 Brent oil resumes climb to $70 on tightening supply Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production. Ethiopia urges Boeing to review controls, backs pilots Ethiopian investigators urged Boeing to review its flight control system and said pilots of state carrier Ethiopian Airlines had carried out proper procedures in the first official findings on the crash of a 737 MAX jet that killed 157 people. Ethiopian Airlines says plane repeatedly nose-dived before crash Ethiopian Airlines flight 302 repeatedly nose-dived before it crashed, a statement from the airline said, citing the preliminary report into the March 10 crash that was released on Thursday. Ethiopia to investigate crashed plane problems for up to a year Ethiopian investigators cannot yet say whether there is a structural problem with the Boeing 737 MAX, based on flight and cockpit voice data from the plane that crashed on March 10 killing 157 people, the head of the investigation said. Brewer Constellation tops Wall Street estimates for sales Constellation Brands Inc on Thursday reported quarterly sales well above analysts' estimates, as its popular beer brands Corona and Modelo performed well. Stocks stall on trade jitters, German economy angst European and Asian shares stepped back from eight-month highs on Thursday, as investors took money off the table amid fresh concerns about U.S.-China trade talks and as dire data from Germany signaled trouble for Europe. Tesla's Elon Musk to square off with SEC in court at contempt hearing Lawyers for Tesla Inc Chief Executive Elon Musk will argue on Thursday that he did not violate a fraud settlement with the U.S. Securities and Exchange Commission and should not be held in contempt, the latest twist in a high-profile battle between the billionaire and the government. Rage within the machine: Brexit headline blizzard overloads FX algos Brexit is so confusing it's even confounding the robots. JPMorgan expects first-quarter net interest income to be flat JPMorgan Chase & Co said on Thursday its first-quarter net interest income will likely be flat compared with the prior quarter. U.S. to wrap case against drug company executives tied to opioid crisis Prosecutors on Thursday will present their closing arguments in the trial of the wealthy founder of pharmaceutical company Insys Therapeutics Inc and four colleagues accused of contributing to the U.S. opioid epidemic by bribing doctors to prescribe an addictive fentanyl spray. Related Video Ethiopian crew followed procedures - first official crash report Brexit talks round two: progress uncertain Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook