Business

Argentina will start talks with the International Monetary Fund in the coming weeks aimed at clinching a new program to replace a defunct $57 billion standby lending deal from two years ago, a top IMF official told Reuters on Saturday.

A directive in this regard has been issued, the agriculture ministry said as in the last few months thousands of suspicious seed shipments have been reported across the world.

Relief Therapeutics' chairman said he was optimistic its RLF100 (aviptadil) drug will win approval for treating COVID19 patients in a matter of months.

Gold slumped over 2% on Friday, snapping its recordbreaking rally, after a decent U.S. jobs report boosted the dollar, but a worsening pandemic kept prices on course for their longest streak of weekly gains in about a decade.

Oil prices fell more than 1% on Friday, limiting their weekly gain due to concerns the global recovery could falter from a resurgence of coronavirus cases.

Britain and Japan have reached substantial agreement in most areas for a bilateral postBrexit trade deal and will try to clinch a preliminary deal by the end of this month, top officials from both countries said on Friday.

According to a statement, Union Housing and Urban Affairs (HUA) Secretary Durga Shanker Mishra launched the facility and said an eligible vendor can request for a Letter of Recommendation (LoR) with an urban local body.

Oil dipped below $45 a barrel on Friday on worries that a demand recovery would slow due to a resurgence of coronavirus cases, although a pledge from OPEC member Iraq to cut oil output further in August provided support.

China's rare earth exports plunged 44% in July from the previous month, customs data showed on Friday, hitting their lowest in 51/2 years in a sign that the coronavirus has destroyed demand for the prized group of 17 minerals.

Brazil's Defense Ministry on Thursday suspended operations by environmental agents against illegal miners on an indigenous reservation in the Amazon, saying it was acting at the request of Munduruku tribe members who wanted mining on their land.

Rio Tinto was able to reach high grade iron ore worth about $135 million with the blasting of two sacred caves in Western Australia, the global miner's chief executive told a government enquiry on Friday.

The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the banks credit card holders.

Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel.

The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in midJuly, suggesting the labor market was stalling as the country battles a resurgence in new COVID19 cases that is...

Saudi Basic Industries Corp, the world's fourthbiggest petrochemicals firm, reported a third straight quarterly loss on Thursday and said low oil prices and weak global growth meant the second half would likely be similar to the first.

Singapore's residual fuel oil inventories climbed 3% in the week to Aug. 5 as export volumes plummeted to a near fourmonth low, official data showed on Thursday.