Argentines headed to the polls in primary elections on Sunday, with voters likely to punish the ruling center-left Peronist coalition for inflation that is scraping 116% and a cost-of-living crisis that has left four in 10 people in poverty.
A Russian warship on Sunday opened warning fire on a Palau-flagged dry cargo ship in the southwestern Black Sea as it made its way to Ukraine, the Russian defence ministry said.
Saudi Arabian Mining Company, known as Ma'aden, said on Sunday its second-quarter profit tumbled more than 90% on lower sales prices and higher expenses as it flagged a mixed outlook for its products.
Argentines head to the polls on Sunday in primary elections, with voters set to punish the ruling center-left Peronist coalition, angry at inflation scraping 116% and a cost of living crisis that has left four in 10 people in poverty.
The U.S. Federal Aviation Administration (FAA) and National Transportation Safety Board said on Saturday they were investigating a near collision between a Southwest Airlines Boeing 737 and a Cessna Citation 560X business jet in San Diego, the latest in a series of troubling U.S. aviation incidents.
Ukraine, which is seeking to form safe shipping routes in the Black Sea, has started registering ships willing to use the corridor it announced earlier this week, a local news agency said on Saturday.
In Argentina's grains fields and cattle ranches, farmers are hoping upcoming elections will bring political change and an end to years of economic uncertainty, ushering in freer markets with fewer currency controls and export limits.
Ukraine's grain harvest this year is exceeding expectations and could be 5% higher than in 2022 thanks to favourable weather, a senior agriculture ministry official said on Saturday.
In trading on Friday, shares of SSR Mining Inc (Symbol: SSRM) crossed above their 200 day moving average of $15.00, changing hands as high as $15.05 per share. SSR Mining Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance
Raw sugar futures on ICE closed up on Friday and gained nearly 3% on the week despite record sugar production in top grower Brazil, while cocoa edged further away from recent multi-year peaks.
Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said.
Ample monsoon rains have accelerated the planting of summer-sown rice in India, according to the latest farm ministry data, after a slow start to the sowing season that began in June.
Namibia has suspended imports of live poultry, birds, and poultry products from Denmark and the Netherlands following the outbreak of highly pathogenic avian influenza in the two European countries.
Chicago soybean futures was steady to lower on Friday, while corn firmed, after the U.S. government forecast that dry conditions early in the growing season would mean smaller harvests of both this fall.
U.S. corn and soybean harvests will be smaller than previously expected as dry conditions early in the growing season robbed the crops of yield potential, the government said on Friday.
Credicorp, one of Peru's biggest financial holding companies, said on Friday it was lowering its structural loan portfolio growth forecasts to between 1% and 4% this year as it expects an economic hit from the El Nino weather phenomenon.
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