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Bloomberg Yum! Brands Inc.’s KFC warned that a supply-chain breakdown that has shut more than half of its 900 UK outlets would persist for the rest of the week, continuing to deprive fans of their fried-chicken fix. KFC said it’s working with new logistical partner Deutsche Post AG to solve a problem that began over the weekend, leaving only 430 …

Bloomberg Home Depot Inc. sales got another shot in the arm from the US housing boom last quarter, with an extra boost from hurricane-recovery efforts in Puerto Rico and Southern states. A push by Americans to fix up their properties—using money generated by rising home values—helped lift the retailer’s same-store sales by 7.5 percent. That beat analysts’ prediction of 6.5 …

London / Reuters OPEC and non-OPEC oil producers, including Russia, will discuss extending their cooperation for many more years when they meet in June as they seek to avoid major market shocks, the UAE Minister of Energy and Industry, Suhail Mohammed Faraj Al Mazrouei said. Al Mazrouei, who holds OPEC’s presidency this year, said leaders of the UAE, OPEC’s biggest …

Bloomberg Treasuries fell, with investors driving the benchmark yield higher as the government auctioned a deluge of bonds. US stocks pared losses in late-morning trading, looking to add to a six-day rally. The Treasury started a week of auctions totalling $258 billion on Tuesday with $151 billion of short-term bills and $28 billion of two-year notes. The two-year rate jumped …

Reuters Major Gulf stock markets softened on Tuesday, in line with a small pull-back by global bourses and oil prices, but Egypt was buoyed for a second day by strength in its biggest bank. The Saudi stock index rose in early trade but closed 0.3 percent down as Saudi British Bank fell 2.2 percent after reporting a 16.3 percent rise …

Bloomberg The natural gas industry may be one of its own worst enemies. Most energy executives underestimate how much they can cut emissions as they extract and transport natural gas, according to a survey by the Energy Institute. Producers can reduce greenhouse gas flows by 75 percent simply by improving practices in the supply chain of the fuel, which consists …

MANILA / Reuters Australia-listed Energy World Corp expects to start up a gas-fired power plant in the Philippines by end-2018, its chief executive said, fed by the country’s first liquefied natural gas (LNG) imports. The Philippines does not currently import LNG, but its domestic natural gas reserves are depleting, and the country has been developing plans for import terminals for …

TUNIS / Reuters Libya’s National Oil Corporation (NOC) is suffering ongoing delays in receiving budget money from the government and this could reduce production, the head of the state company said. Mustafa Sanalla made the comments after meeting the head of Al Jouf Oil Technology Company, who said the NOC subsidiary was suffering from financial problems that had delayed projects …

Bloomberg Latvia’s banking scandal deepened as its central bank chief and representative to the European Central Bank faced accusations of repeatedly trying to extort money from a local bank, in a blow to the Baltic state’s reputation. The Latvian government has repeatedly demanded that Ilmars Rimsevics step down after the country’s anti-corruption agency arrested him over the weekend on suspicion …

Bloomberg Japan’s biggest banks bought the most government bonds last month since March 2012, signalling confidence in the central bank’s ability to control the yield curve and cap interest rates. The category for large lenders including Bank of Tokyo-Mitsubishi UFJ Ltd., Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corp., collectively bought a net 2.3 trillion yen ($21.5 billion) of government …