| * IEA forecasts US to account for a third of new oil supplies * Poland: growth slumps to just 0.4% * European retailers to sign Bangladesh safety pact * Petropavlovsk delays new plants in bid to halt rising debt * Asia cautiously eyes impending wave of Japanese cash * BHP considers returning cash to shareholders * Lonmin hit by fresh wildcat strike in South Africa * Tata steels itself for tough Europe decisions * Labour warns on Bric trade focus * Bulgaria struggles to form coalition * Petrobras in $11bn mega bond offering [updated] * China group to leave Nasdaq with $890m take-private deal * China banks rein in support for North Korea * Russia finance chief calls for restoration of trust Markets: mixed IEA forecasts US to account for a third of new oil supplies
The US will account for a third of new oil supplies over the next five years, more than previously expected, according to the International Energy Agency, illustrating the impact of the shale revolution.
http://on.ft.com/10KMzq6 Poland: growth slumps to just 0.4%
Poland's economy expanded by only 0.4 per cent year-on-year in the first quarter of 2o13, according to a flash estimate issued Tuesday by the country's statistical agency, which will increase pressure on the central bank to accelerate rate cuts.
http://on.ft.com/18HCIDv European retailers to sign Bangladesh safety pact
European retailers led by Hennes & Mauritz, Inditex and Tesco have vowed to sign a deal to improve factory safety in Bangladesh as retailers scramble to contain the fallout from the April 24 building collapse that killed more than 1,100 people.
http://on.ft.com/12w9WAV Petropavlovsk delays new plants in bid to halt rising debt
Petropavlovsk will delay the completion of new processing facilities to free up an extra $150m of cash during 2013 to help alleviate the Russia-focused gold miner's heavy debt burden.
http://on.ft.com/17Z7CpA Asia cautiously eyes impending wave of Japanese cash
Already awash with capital from previous rounds of quantitative easing, countries across Asia are readying for a fresh wave of cash as Abenomics forces Japanese investors and banks to look overseas.
http://on.ft.com/17Z7LsY BHP considers returning cash to shareholders
BHP Billiton will consider returning more capital to shareholders as the world's biggest resources company by market value reduces spending on new projects and exploration and focuses on improving productivity.
http://on.ft.com/17YSGrw Lonmin hit by fresh wildcat strike in South Africa
Shares in South African platinum miner Lonmin fell more than 6 per cent on Tuesday, after a wildcat strike halted work across the London-listed company's operations.
http://on.ft.com/YSISi4 Tata steels itself for tough Europe decisions
Tata Steel's 2007 purchase of Anglo-Dutch steelmaker Corus for $13.1bn looked set to transform the Indian group into a global metals giant, capable of prospering in emerging and industrial markets alike.
http://on.ft.com/17Z7NBk Labour warns on Bric trade focus
Britain risks missing out on billions of pounds' worth of trade from Africa by focusing too much on trying to trade with emerging Bric economies, according to Labour's shadow business secretary.
http://on.ft.com/17Z7Gpk Bulgaria struggles to form coalition
Bulgaria faced political stalemate on Monday as the centre-right winner of the country's general election struggled to find partners to form a coalition.
http://on.ft.com/13gkoeM Petrobras in $11bn mega bond offering [updated]
It's official. Petrobras has succeeded in raising $11bn on Monday, making it the biggest emerging markets issue EVER. Final pricing came in slightly lower than initial guidance thanks to strong demand from investors. Yields for the six-tranche issue ranged from 2.14 per cent for the three-year notes, to 5.76 per cent for the 30-year bonds.
http://on.ft.com/13V1lcS China group to leave Nasdaq with $890m take-private deal
The stream of Chinese companies delisting from the US has accelerated with an $890m deal agreed by AsiaInfo-Linkage for the Nasdaq-listed telecoms billing and software group to be taken private.
http://on.ft.com/13WPxqi China banks rein in support for North Korea
Top Chinese banks have halted most dealings with North Korea, an unprecedented move to use financial leverage against Pyongyang that reflects Beijing's exasperation with Kim Jong-eun's regime.
http://on.ft.com/13TrKYj Russia finance chief calls for restoration of trust
Rapid expansion of Russia's bond markets has broadened access to capital for a swath of its companies but restoring investor confidence is crucial to boosting economic growth prospects, the country's deputy finance minister has said.
http://on.ft.com/13WObfe Emerging Markets
MSCI Emerging Market Index up +0.15% at 1,043 Europe
FTSE down -0.13% at 6,623
RTS down -0.16% at 1,420
Warsaw Wig up +0.27% at 45,331
FTSE 300 Eurotop down -0.31% at 1,227 Americas
DJIA down -0.18% at 15,092
S&P 500 up 0.00% at 1,634
Bovespa down -1.20% at 54,448 Asia
Nikkei 225 down -0.16% at 14,758
Topix down -0.11% at 1,231
Hang Seng down -0.26% at 22,930
Shanghai Composite down -1.11% at 2,217
MSCI Asia ex-Japan up +0.20% at 480.91
CNX Nifty up +0.25% at 5,995 Currencies
€/$ 1.30 (1.30)
$/¥ 101.62 (101.77) Commodities
Brent Crude (ICE) down -0.42 at 102.40
Light Crude (Nymex) down -0.35 at 94.82
100 Oz Gold (Comex) up +2.80 at 1,437 | 
