Motor racing-Sainz takes his first F1 win in Silverstone thriller

* Sainz wins for Ferrari in British GP thriller * Championship leader Verstappen only seventh * Perez second, Hamilton third * Schumacher scores first points By Alan Baldwin SILVERSTONE, England, July 3 (Reuters) - Ferrari's Carlos Sainz claimed his first Formula One victory on Sunday in a thrilling British Grand Prix halted by a first-lap crash an

Argentine president scrambles to replace economy chief after Guzman exit

By Jorge Otaola BUENOS AIRES, July 3 (Reuters) - Argentine President Alberto Fernandez held meetings and telephone calls on Sunday as he scrambled to find a new economy minister, official sources said, after the abrupt exit of ally Martin Guzman shook the country's center-left government. By early Sunday afternoon there was still no sign of a succe

Australia will ban Russian gold imports, give Ukraine more armoured vehicles- PM

KYIV, July 3 (Reuters) - Australia will provide 34 additional armoured vehicles to Ukraine and prohibit Russian gold imports, Australian Prime Minister Anthony Albanese said in Kyiv on Sunday. Speaking at a press conference in Ukraine's capital alongside President Volodymyr Zelenskiy, Albanese said Australia would impose sanctions and travel bans o

Ukraine says Russian ship carrying Ukrainian grain detained by Turkey

KARASU/KYIV, July 3 (Reuters) - Turkish customs authorities have detained a Russian cargo ship carrying grain which Ukraine says is stolen, Ukraine's ambassador to Turkey said on Sunday. Ukraine had previously asked Turkey to detain the Russian-flagged Zhibek Zholy cargo ship, according to an official and documents viewed by Reuters. Reuters report

Argentine president scrambles to replace economy chief after Guzman exit

By Jorge Otaola BUENOS AIRES, July 3 (Reuters) - Argentine President Alberto Fernandez held meetings and telephone calls on Sunday morning as he scrambled to find a new economy minister, official sources said, after the exit of ally Martin Guzman. "No news," a government spokesperson told Reuters on Sunday morning. Guzman, 39, submitted his resigna

Australia forecasts record mining, energy export sales for 2023

By Sonali Paul MELBOURNE, July 4 (Reuters) - Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal and gas prices in the wake of Russia's invasion of Ukraine, the government said on Monday. Sanctions on Russia for what Moscow calls a "special

Ukraine's ambassador to Turkey says Russian ship carrying Ukrainian grain detained by Turkish customs

KYIV, July 3 (Reuters) - Turkish customs authorities have detained a Russian cargo ship carrying grain which Ukraine says is stolen, Ukraine's ambassador to Turkey said on Sunday. "We have full co-operation. The ship is currently standing at the entrance to the port, it has been detained by the customs authorities of Turkey," ambassador Vasyl Bodna

Gulf bourses end mixed; Egypt hits lowest in over 2 years

By Ateeq Shariff July 3 (Reuters) - Stock markets in the Gulf ended mixed on Sunday, with the Saudi index extending losses as investors fret that the latest show of central bank determination to tame inflation will slow economies rapidly. Last week, central bank chiefs from the U.S. Federal Reserve, the European Central Bank and the Bank of England

Wall St Week Ahead-Investors brace for pivotal July after dismal first half

By Lewis Krauskopf NEW YORK, July 1 (Reuters) - The U.S. stock market is reeling from its worst first half of any year since 1970, with investors girding for a series of potential flashpoints in July that may set Wall Street's course for the coming months. Second-quarter corporate earnings, hotly anticipated U.S. inflation data and the Federal Rese

S.Africa's Eskom extends daily power cuts for next week amid capacity shortage

JOHANNESBURG, July 3 (Reuters) - South African state power utility Eskom said on Sunday it would extend daily power cuts all through next week as generation capacity shortage continues. Striking workers, delay in maintenance and creaking old thermal power plants have forced the monopoly power supplier of South Africa to implement one of the worst p

SA's Eskom Says Stage 6 Loadshedding Will Be Implemented On Monday Afternoon


No guarantees Swiss will always have enough gas, minister says

ZURICH, July 3 (Reuters) - Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will always be enough gas to go around. Landlocked Switzerland gets its gas via trading hubs in neighbouring countries i

Japan's JERA says it shut down a 500 MW power plant due to fire

TOKYO, July 3 (Reuters) - A fire caused Japan's biggest power generator JERA to shut down a 500 megawatt (MW) unit at its Chiba thermal power station near Tokyo on Saturday, raising fears of an electricity crunch as a prolonged heatwave keeps demand at high levels. The fire broke out around noon on Saturday near the steam valve of one of the three

Factors to watch - July 3

DUBAI, July 3 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Second half begins with rally in stocks, fall in yields * Oil rises more than 2% as supply outages outweigh recession fears * P

Russia says its forces have full control of Ukraine's Luhansk region

* Russia announced encirclement, then capture of Lysychansk * City was last Ukrainian stronghold in Luhansk region * Ukraine staged fierce resistance over weeks of fighting * Blasts hit Russia's Belgorod, southern Ukraine base- officials By Tom Balmforth and Max Hunder KYIV, July 3 (Reuters) - Russia said it had taken full control of the eastern Uk

Argentina economy minister Guzman resigns as crises build

BUENOS AIRES, July 2 (Reuters) - Argentina's economy minister Martin Guzman resigned on Saturday, a blow to a government beset by mounting economic crises. Guzman, who led Argentina's debt restructuring deal with the International Monetary Fund and creditors, posted a letter to his Twitter account announcing his decision. "I write to you to present

Israel shoots down unarmed Hezbollah drones heading for gas rig - security source

JERUSALEM, July 2 (Reuters) - Israel shot down three unarmed "hostile drones" coming from Lebanon on Saturday that were approaching gas rigs in Israel's maritime economic zone, an Israeli security source said. The source said the drones had been launched by the Iranian-backed Hezbollah group. Reporting by Maayan Lubell; Editing by Kevin Liffey

Motor racing-Surprised Sainz takes first pole at soggy Silverstone

* Ferrari's Sainz on pole for the first time * Verstappen alongside on front row after wet qualifying * Leclerc third for Ferrari * Hamilton fifth on the grid * Latifi puts his Williams in top 10 By Alan Baldwin SILVERSTONE, England, July 2 (Reuters) - A surprised Carlos Sainz splashed to his first Formula One pole position on Saturday with Red Bul

Petroperu requests emergency declaration after pipeline attack

LIMA, July 1 (Reuters) - State-owned Petroperu asked the government to declare a state of emergency for a major crude oil pipeline late on Friday, after it suffered a series of cuts in an Amazonian region of the country that it described as "an unprecedented attack." Petroperu confirmed an oil leak in a statement, adding that the spill had been con

Tropical storm Bonnie makes landfall near the Nicaragua-Costa Rica border

July 1 (Reuters) - Tropical storm Bonnie made landfall near the Nicaragua-Costa Rica border on Friday evening, the U.S. National Hurricane Center (NHC) said. Heavy rainfall is expected across Nicaragua and Costa Rica through Saturday, along with life-threatening flash flooding and mudslides, the center added. The storm is likely to weaken as it cro




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