The weapon didn't discharge, and police quickly arrested a 35-year-old man who authorities said is a Brazilian living in Argentina. In cellphone videos on social media, Mrs. Kirchner, who wasn't harmed, can be seen from several angles flinching and ducking after the gunman aimed the weapon at her face from just inches away on a busy street in the elegant Recoleta neighborhood of Buenos Aires.
Ukraine Says Russia Is Using Cargo Ships to Ferry Weapons to the Black Sea
ISTANBUL-A Russian shipping line with ties to the country's Defense Ministry has been ferrying weapons and supplies through the Bosporus to ports on the Black Sea in support of Moscow's war effort, according to Ukrainian officials who have urged Turkey to block their access.
Kyiv has asked Turkish authorities to take action against at least four cargo ships that it says are transporting military equipment from a Russian base in Syria through straits controlled by Turkey, the only way into the Black Sea from the Mediterranean.
U.S. Lawmakers Press Customs on Enforcement of Uyghur Forced Labor Law
A group of lawmakers are putting pressure on U.S. Customs over the importation of goods from China's Xinjiang region, questioning how it is applying tough new restrictions that have forced many companies to re-examine their supply chains.
More than two dozen Republican members of the House of Representatives want U.S. Customs and Border Protection to answer questions about its enforcement of the Uyghur Forced Labor Prevention Act, a law that went into effect in June that is meant to stem the import of goods linked to Uyghur forced labor.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings:
None scheduled
Economic Indicators (ET):
0830 2Q Labour productivity, hourly compensation & unit labour cost
Stocks to Watch:
Barrick: Agrees to Sell Royalty Portfolio to Maverix Metals for Total Consideration of Up to $60M
Market Talk:
Rio Tinto's Offer for Turquoise Hill Below GS's Valuation
Rio Tinto's C$43/share cash offer for shares in Turquoise Hill that it doesn't already own falls short of Goldman Sachs's valuation.
Turquoise Hill, which is 51%-owned by Rio, has a 66% interest in the Oyu Tolgoi copper-gold mine in Mongolia. In a note, Goldman Sachs estimated Oyu Tolgoi was worth $23.5 billion, citing Goldman's long-term outlook for copper prices. That means Rio's current 34% effective share of the operation is worth $9.1 billion.
"The $3.3 billion offer equates to an enterprise value of $10.4 billion including Turquoise Hill's net debt as at 30 June of $3.8 billion, which implies a valuation of $15.7 billion for 100% of Oyu Tolgoi," Goldman Sachs said.
Expected Major Events for Friday
07:30/GER: Jul Foreign Trade
08:30/UK: 2Q Bank of England external business stats
12:30/CAN: 2Q Labour productivity, hourly compensation & unit labour cost
12:30/US: Aug U.S. Employment Report
14:00/US: Jul Manufacturers' Shipments, Inventories & Orders (M3)
All times in GMT. Powered by Onclusive and Dow Jones.
Expected Earnings for Friday
5E Advanced Materials Inc (FEAM) is expected to report for 4Q.
Ford Motor Company (F) is expected to report.
Kentucky First Federal (KFFB) is expected to report for 4Q.
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ANALYST RATINGS ACTIONS
Bed Bath & Beyond Cut to Underperform From Market Perform by Raymond James
Codiak BioSciences Cut to Neutral From Buy by Goldman Sachs
HP Cut to Hold From Buy by Loop Capital
Liquidia Cut to Underperform From Neutral by Wedbush
Molson Coors Beverage Cut to Sell From Buy by Bryan Garnier
Okta Cut to Equal-Weight From Overweight by Morgan Stanley
Okta Cut to Equal-Weight From Overweight by Stephens & Co.
Okta Cut to Hold From Buy by Canaccord Genuity
Okta Cut to Hold From Buy by Needham
Semtech Cut to Perform From Outperform by Oppenheimer
Vulcan Materials Raised to Buy From Hold by Vertical Research
Western Digital Cut to Sell From Hold by Benchmark
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
09-02-22 0523ET
