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Argentina's plan for AI-run companies can't avoid humans

By Leila Miller and Kenrick CaiArgentine President Javier Milei generated both excitement and fear last month when he announced a congressional bill to create “non-human corporations” run by AI, but the companies would actually require human involvement.Milei described in a Financial Times op-ed p…

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Supreme Court's Barrett fuels conservative wins while sometimes splitting with Trump

By Nate RaymondJustice Amy Coney Barrett further solidified herself during the U.S. Supreme Court's most recent term as one of the few members of its 6-3 conservative majority willing to occasionally cross ideological lines and join with its liberal justices to buck the president who appointed her…

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Trump to visit Mount Rushmore to mark U.S. 250th celebrations

By Steve HollandPresident Donald Trump on Friday travels to Mount Rushmore, the granite mountain in South Dakota where the heads of four American presidents are carved, as part of celebrations marking the 250th anniversary of the United States.The trip is a prelude to the big event celebrating the…

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Kazakhstan's June oil and gas output up 2% m/m, source says

Kazakhstan's oil and gas condensate production rose 2% month on month in June to 8.59 million metric tons, or 2.16 million barrels per day, from 2.12 million bpd in May, a source familiar with preliminary data said.

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Futures
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More volatility due before the market turns

MORE VOLATILITY DUE BEFORE THE MARKET TURNSThe AI-driven tech rally that has carried markets around the world to record highs has brought on a lot of AI bubble talk.There is still some division about whether or not we are in fact, in a bubble, but, either way, that chatter means any time tech share…

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French maize crop conditions plunge to 13-year low in heatwave

The condition of French maize crops plunged to a 13-year low during a record heatwave last week, data from farm office FranceAgriMer showed on Friday.The share of the grain maize crop in good/excellent condition had fallen to 58% by June 29 from 76% the previous week, FranceAgriMer said in a weekly…

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Middle East Crude-Dubai rebounds; trading momentum edges up

Middle East crude benchmark Dubai's discount narrowed on Friday, after widening sharply in the previous session, though still holding steady in a steep discount.Oman and Murban differentials also inched up day-on-day. Meanwhile, trading momentum picked up on the spot window, with more deals and a c…

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Futures
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Russia's oil and gas revenue up in June, but down 22.7% in H1

Russia's state oil and gas tax revenue, which accounts for around a fifth of total budget income, rose in June to 683.6 billion roubles ($8.84 billion) from 678.9 billion roubles in May, the finance ministry said on Friday.In year-on-year terms, the increase was 38%, thanks to a rally in global oil…

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Economy
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Stellantis half-year Italy vehicle production rises 13.7%, union says

Stellantis' MIL:STLAM vehicle production in Italy rose 13.7% in the first half of 2026 from a year earlier, the FIM Cisl trade union said on Friday, as the Franco-Italian carmaker's new production lines for the Jeep Compass and the Fiat 500 hybrid helped it recover from last year's losses.Output in…

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