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New COVID-19 Cases Again Surge Past 50000; Daily Deaths Back To 1000+ In US

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U.S. To Withdraw Visas For Foreign Students If Classes Are Fully Online

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One Of The Vaccine Candidates Will Enter Phase III Trial By July End: Dr.Fauci

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Lupin Pharma Recalls Diabetes Drug Metformin

India-based Lupin Pharmaceuticals Inc. announced a recall of all batches of type 2 diabetes medication Metformin Hydrochloride Extended-Release Tablets, citing detection of N-Nitrosodimethylamine or NDMA, a probable human carcinogen. The move comes...

Palantir Confidentially Files To Go Public
TikTok To Exit Hong Kong; U.S. Mulls Ban: Reports
Japan Has Y1,176.8 Billion Current Account Surplus

Japan posted a current account surplus of 1,176.8 billion yen in May, the Ministry of Finance said on Wednesday. That exceeded expectations for a surplus of 1,088.2 billion yen and was up from 262.7 billion yen in April. The trade balance showed...

Japan Overall Bank Lending Jumps 6.2% On Year In June
Japan Eco Watchers Survey Due On Wednesday
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State Of Emergency Declared In Georgia Following Deadly Atlanta Shootings

Georgia Governor Brian Kemp has declared a state of emergency and activated 1,000 National Guard troops following a surge in shootings throughout the July Fourth weekend that killed five people and injured 31 others after weeks of violent crime and property...

Trump To Host Outdoor Campaign Rally In New Hampshire On July 11
Police Clear Protest Area In Seattle
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European Shares Extend Losses For Second Day

European stocks declined for a second day running on Wednesday after the U.S. coronavirus outbreak crossed a grim milestone of over 3 million confirmed cases and the World Health Organization acknowledged "evidence emerging" that the coronavirus can be...

Asian Shares Mixed On Economic Recovery Concerns
European Shares Seen Opening On Cautious Note
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Academy Adds 819 New Oscar Voting Members, Hits Diversity Target

The Academy of Motion Picture Arts and Sciences has expanded the Oscar awards voting body by adding 819 members to it, thus exceeding the diversity target set for 2020. After the #OscarsSoWhite movement of 2016, the Academy promised to double the...

COVID-19: Drugs in Development
New COVID-19 Cases Again Surge Past 50000; Daily Deaths Back To 1000+ In US
European Shares Extend Losses For Second Day
Asian Shares Mixed On Economic Recovery Concerns
Lupin Pharma Recalls Diabetes Drug Metformin
CRVS, HEPA Jump On COVID-19 Drug Bandwagon, LVGO In Good Health, NVAX Joins $100 Stock Price Club
European Shares Seen Opening On Cautious Note
Asian Markets Mixed As Coronavirus Worries Weigh
Renewed Coronavirus Concerns Lead To Pullback On Wall Street
U.S. To Withdraw Visas For Foreign Students If Classes Are Fully Online
Kanye West's Yeezy Received Millions From Covid-19 PPP Loan
Top Stories

Mississippi Governor Signs Bill To Remove State Flag With Confederate Symbol

mississipijuly012020 01jul20 Mississippi Gov. Tate Reeves signed a bill to remove the state flag that carried the Confederate battle flag, a symbol of racism for many. Mississippi was the last U.S. state to feature the Confederate battle emblem in the flag. Reeves said, "This is not a political moment to me but a solemn occasion to lead our Mississippi family to come together, to be reconciled, and to move on."

U.S. Stocks May See Initial Weakness As Traders Cash In On Gains

wallstreet oct05 01jul20 Following the best quarter for the markets in decades, stocks may give back some ground in early trading on Wednesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 112 points.

EasyJet Plans To Cut Jobs In Berlin

British budget airline EasyJet Plc (ESYJY.PK, EZJ.L) plans to cut jobs and reduce the number of aircraft stationed in the German capital, due to the Covid-9 crisis. It also plans to withdraw from domestic air traffic, German union Verdi said in a statement on Wednesday.

U.S. Private Jobs Report Shows Strong Growth In June, Substantial Upward Revision To May

adp2 070120 A report released by payroll processor ADP on Wednesday showed a significant increase in private sector employment in the month of June as well as a substantial upward revision to the data for May. ADP said private sector employment jumped by 2.369 million jobs in June, which was below economist estimates for a spike of about 3.000 million jobs.
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Economy
eurozone july30 07jul20Eurozone is set to undergo an even deeper recession due to the coronavirus pandemic despite measures taken at both EU and national levels, the European Commission said in its Summer Forecast released Tuesday. The currency bloc is forecast to contract 8.7 percent in 2020 instead of 7.7 percent projected in the Spring Forecast. Nonetheless, the region is forecast to grow 6.1 percent in 2021, which

German Industrial Output Rises For First Time In 3 Months

UK Halifax House Prices Continue To Fall In June

Australia Retains Interest Rate, Asset Purchase Programme As Expected

European Economics Preview: Germany Industrial Production Data Due

U.S. Service Sector Activity Shows Substantial Turnaround In June

Eurozone Sentix Investor Confidence Rises For Third Month

Germany's Factory Orders Recover In May

European Economics Preview: Germany Factory Orders Data Due

Eurozone Private Sector Activity Rebounds In June

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Health

New COVID-19 Cases Again Surge Past 50000; Daily Deaths Back To 1000+ In US

uscoronavirus july08
After a lull, the number of daily coronavirus cases in the United States again crossed 50000, and new deaths surged past 1000. With 50940 new cases reporting in the last 24 hours, the total COVID-19 cases in the U.S. increased to 2996098, as per Johns Hopkins University's latest update Wednesday. With 1174 additional deaths, total death toll in the country reached 131480. Arizona's worst numbe
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Markets
Indian shares fell sharply on Wednesday to snap a five-day winning streak, with IT and auto stocks pacing the decliners. Investor sentiment was dented by concerns over a delay in economic recovery as new coronavirus cases continued to surge in the U.S. and elsewhere around the world. The overall...
Business
anthonyfauci july07
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said that the current state of the COVID-19 pandemic in the U.S. is "really not good." The U.S. is the country worst-affected by the coronavirus and has recently seen a surge in coronavirus infections as lockdown restrictions are eased.
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Stock Alerts NEW

Stock Alert: NanoViricides Stock Up 50% In Early Trade

Stock Alert: Party City Shares Up 32% In Premarket

Stock Alert: New Fortress Energy Gains 21%

Stock Alert: Asbury Automotive Ascends 7%

Stock Alert: Esports Entertainment Up 12% On Argyll Entertainment Acquisition

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Latest Updates on COVID-19
Slideshow iconTracking Coronavirus Vaccines In Human Trials
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COVID-19: Drugs in Development
Cryptocurrency

Arca Offers First SEC-Registered Fund Issuing Digital Securities

Digital asset investment company Arca has begun offering the first SEC-registered closed-end fund for investment in its shares as digital securities, called "ArCoin." The Arca U.S. Treasury Fund is also the first product registered under the Investment Company Act of 1940. The Fund invests 80 percent of its portfolio assets in interest-bearing, short-duration, U.S. Treasury securities. Read More
FDA Monitor

Biotech Stocks Facing FDA Decision In July 2020

The first half of 2020 looks set to end on an encouraging note for new drug approvals despite the ongoing coronavirus pandemic. Let's take a look at the biotech stocks facing FDA decision in July. Read More
Biotechnology

Palatin Reinitiates Enrollment Of Phase 2 Study With PL9643 To Treat Dry Eye Disease

Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Wednesday the reinitiation of enrollment of its Phase 2 clinical study with PL9643 for the treatment of dry eye disease (DED). The company had paused patient recruitment to ensure patient... Read More
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Economic Calendar
DateIndicatorPeriodCountry
07/08/20 6:0CPI (Y-o-Y)JUN Latvia
07/08/20 6:0CPI (M-o-M)JUN Latvia
07/08/20 5:0House Price Index (Y-o-Y)Q1 Eurozone
07/08/20 5:0House Price Index (Q-o-Q)Q1 Eurozone
07/08/20 3:0CPI - EU Harmonised (Y-o-Y)JUN Hungary
07/08/20 3:0CPI - EU Harmonised (M-o-M)JUN Hungary
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FDA Calendar
Event DateSymbolDrug NameEvent Name
09/30/20MESORyoncil (BLA)FDA decision on Ryoncil for the treatment of children with steroid-refractory acute graft versus host disease
09/29/20ETONAlkindi Sprinkle(NDA)FDA decision on Alkindi Sprinkle for pediatric adrenal insufficiency, incl congenital adrenal hyperplasia in patients less than 17 years
09/29/20DNLM.LAlkindi (NDA)FDA decision on Alkindi Sprinkle as a replacement therapy of adrenal insufficiency in infants, children and adolescents
09/27/20AQSTLibervant Buccal Film (NDA)FDA decision on Libervant Buccal Film for management of seizure clusters
09/12/20MNKTerlipressin (NDA)FDA decision on Terlipressin for hepatorenal syndrome type 1
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