Glencore Plc, which is in the middle of a fight to buy Canadian mining rival Teck Resources Ltd., said it’s on course for yet another bumper year of trading commodities.

Japanese banks have reduced interest-rate risk and the financial system remains sound despite stresses seen in the US and Europe, the central bank said.

UK retail sales fell more than forecast in March as wet weather doused spending and consumers retrenched after splashing the cash over the previous two months.

Oil headed for the first weekly loss since last month’s banking crisis, weighed down by concerns over demand and the US economy.

An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels.