Corteva lifts sales forecast on strong demand for crop protection products, seeds
Corteva Inc (CTVA.N) on Thursday raised its net sales forecast for the year after strong demand for crop protection products such as herbicides and insecticides helped the agricultural company beat estimates for the second quarter.
Japan’s Q2 economic rebound likely feeble as COVID-19 impact persists
Japan’s economy likely recovered slightly in the second quarter from a steep slump at the start of the year, a Reuters poll showed, as solid exports and capital expenditure cushioned some of the blow to consumption from the coronavirus pandemic.
Dollar drifts higher as markets await jobs data for Fed clues
The dollar was supported on Friday in the lead up to the release of U.S. employment data, as markets braced for the numbers that could make the case for faster U.S. policy tightening at a time when action in Europe and Japan remains distant.
Wall Street pushes stocks, oil higher ahead of jobs report
U.S. stocks and oil prices rebounded sharply on Thursday as unemployment claims declined and the trade deficit widened – positive economic data in the face of rising COVID-19 cases and signals of declining Federal Reserve stimulus.
Amazon delays office return until January as COVID-19 cases surge
Amazon.com Inc (AMZN.O) on Thursday said it would not expect U.S. corporate employees to return to the office until next year because of the coronavirus pandemic.
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.
Special Report: How a little-known G7 task force unwittingly helps governments target critics
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.
Crown, forint expected to firm as interest rates rise
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.
Outdoor grills maker Weber raises $250 mln in downsized IPO
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.
Indonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery
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.
