
Wall St gains as unemployment claims decline; Cigna slumps
Wall Street jumped on Thursday as U.S. unemployment claims declined further last week, while a drop in shares of health insurer Cigna dragged healthcare stocks lower.

Wall Street jumped on Thursday as U.S. unemployment claims declined further last week, while a drop in shares of health insurer Cigna dragged healthcare stocks lower.

In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislation promoted by the G7.

The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.

Weber Inc (WEBR.N) on Thursday raised about $250 million in its initial public offering, which was less than half the amount it had planned to raise earlier.

German industrial orders rose more than twice as much as expected in June, driven by bookings from domestic clients for large manufacturing products, but weaker turnover suggested that supply bottlenecks continued to hold back production.

Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatments and vaccines against the coronavirus.

A Boeing Co (BA.N) 737 Max jet departed for China on Wednesday to conduct a flight test as part of the U.S. planemaker’s attempt to gain approval in the vital travel market following two fatal crashes, people familiar with the matter said.

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on the back of a post-pandemic surge in demand.

Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts warned its economic recovery will suffer a setback due to a recent surge in COVID-19 infections.

Hyundai Motor Co (005380.KS) will invest in Germany’s H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.

Wall Street jumped on Thursday as U.S. unemployment claims declined further last week, while a drop in shares of health insurer Cigna dragged healthcare stocks lower.

In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislation promoted by the G7.

The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.

Weber Inc (WEBR.N) on Thursday raised about $250 million in its initial public offering, which was less than half the amount it had planned to raise earlier.

German industrial orders rose more than twice as much as expected in June, driven by bookings from domestic clients for large manufacturing products, but weaker turnover suggested that supply bottlenecks continued to hold back production.

Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatments and vaccines against the coronavirus.

A Boeing Co (BA.N) 737 Max jet departed for China on Wednesday to conduct a flight test as part of the U.S. planemaker’s attempt to gain approval in the vital travel market following two fatal crashes, people familiar with the matter said.

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on the back of a post-pandemic surge in demand.

Indonesia pulled out of recession in the second quarter, reporting its strongest annual growth rate in 17 years, but analysts warned its economic recovery will suffer a setback due to a recent surge in COVID-19 infections.

Hyundai Motor Co (005380.KS) will invest in Germany’s H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.
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