Pilots on a Qantas Airways' flight shut down one of its two engines after an issue on approach to Perth on Monday night, but the Airbus aircraft landed safely, the airline told Reuters on Tuesday.
A Qantas Airways' flight
from Melbourne to Perth experienced an issue with one of its
engines on Monday night, but the Airbus aircraft landed
safely without further incident in Perth, a Qantas spokesperson
told Reuters on Tuesday.
Chicago wheat futures rose on Tuesday and were trading near a three-week high, supported by concerns that exports from top supplier Russia could be disrupted by a dispute between shippers and regulators over grain quality.
The yawning divide between the super-rich and middle-class in India's booming economy is set to persist, if the "underperformance" of consumer stocks in the raging stock market is anything to go by.
Boeing's board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting it will seek an outside remedy.
Chicago wheat futures rose on Tuesday and were trading near a three-week high, supported by concerns that exports from top supplier Russia could be disrupted by a dispute between shippers and regulators over grain quality.
Australian specialty retailer Premier Investments said on Tuesday it is exploring a demerger and separate listing of its Smiggle and Peter Alexander brands as part of an ongoing strategic review.
U.S. Department of Homeland Security agents have opened an investigation of hip-hop star Sean "Diddy" Combs, searching properties connected to him in Los Angeles and Miami, an agency spokesperson said on Monday.
Chilean miner SQM's board chairman challenged what he called the questionable motives of a major shareholder, China's Tianqi Lithium Corp, the latest jab in an increasingly public spat over SQM's planned partnership with state copper producer Codelco.
Samples of milk collected from sick cattle in Kansas and Texas tested positive for avian flu, but the nation's milk supply is safe, the U.S. Department of Agriculture said on Monday.
Brazilian rail operator Rumo has signed an agreement with Embraport to build a port terminal handling grains and fertilizers at the Santos port in Sao Paulo state, Rumo said on Monday.
Cocoa futures in London and New York gained more than 8% on Monday's session alone to reach record peaks as concern over a global shortage continued to propel prices higher.
A dispute with federal authorities is preventing some 400,000 metric tons of grain from being processed and shipped to buyers, the owner of one of Russia's largest grain exporters TD RIF told Reuters.
FXEmpire.com - Gold
Gold 250324 Daily Chart
Gold gains ground as demand for safe-haven assets increased after a terrorist attack on Moscow. Meanwhile, French President Macron noted that Islamists tried to attack France in recent months.
Barrick Gold (TSX:ABX,NYSE:GOLD) is setting its sights on expanding its operations through a partnership with the Democratic Republic of Congo (DRC) that would open up new gold and copper opportunities for the company.Kibali — the company’s joint venture with AngloGold Ashanti (NYSE:AU,JSE:ANG) — continues to set production records after another successful year, punctuated by the 343,000 ounces of gold it produced in 2023. Barrick is forecasting higher attributable production from Kibali in 2024, setting a goal of 320,000 to 360,000 ounces.The company also believes the DRC-based gold mine is set to replace the ounces it depletes through mining.Barrick President and Chief Executive Mark Bristow, through a March 20 press release, commented on the strong returns yielded by the company’s Congolese investment, which has become Africa's largest gold mine. “Kibali has transformed what was previously the disadvantaged north-east region of the country into a new economic frontier and a flourishing commercial hub,” he said. “Of our US$5 billion investment in the DRC, more than half has been spent with local contractors and suppliers, many of whose growth into substantial businesses we have promoted by enhancing their commercial and technical skills and providing them with the opportunities to exercise these,” Bristow added.Kibali is also in the process of transitioning to renewable energy. Barrick said it plans to commission a 16 megawatt solar plant and associated batteries next year, increasing renewable energy use from 81 to 85 percent. The mine will run only on renewable power through the DRC's six month rainy season.While Kibali is a gold-focused operation, the DRC is not a top 10 producer of the yellow metal. However, copper production in the country has been rising in recent years, and the DRC took the third top spot in 2023. The DRC is one of the world’s leading producers of the critical minerals cobalt and tantalum.Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
A proposal by France, Denmark and Sweden to restrict used-clothing exports from the European Union could hurt the clothing resale industry in Kenya, which employs 2 million Kenyans, a representative of second-hand clothes sellers said.
A group of South Korean flour mills bought an estimated 30,200 metric tons of milling wheat to be sourced from the U.S. on Friday, European traders said on Monday.
Reuters
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