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FDA OKs StrataGraft For The Treatment Of Adults With Thermal Burns

Mallinckrodt plc announced Wednesday that the U.S. Food and Drug Administration or FDA has approved StrataGraft (allogeneic cultured keratinocytes and dermal fibroblasts in murine collagen - dsat) for the treatment of adult patients with thermal burns...

Is Twitter No Longer Legally Protected In India?

Ericsson: 5G Mobile Subscriptions To Exceed 580 Mln By 2021-End

New Zealand GDP Jumps 2.4% On Year In Q1

New Zealand's gross domestic product climbed 2.4 percent on year in the first three months of 2021, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.9 percent following the upwardly revised 0.8 percent contraction...

Australia Unemployment Data Due On Thursday

Federal Reserve Estimates Point To Interest Rate Hikes In 2023

Breakthrough In Resolving Long-standing US-EU Trade Disputes

The United States and the European Union made taken a number of important decisions that help resolve long-standing trade disputes and strengthen the trade relations between the two entities.

NATO Summit Warns Of China's Military Threat; Agrees On Dual-track Approach To Russia

NATO Summit Begins In Brussels

Profit Taking Anticipated For South Korea Stock Market

The South Korea stock market has climbed higher in five straight sessions, advancing more than 60 points or 1.9 percent on its way to a fresh record closing high. The KOSPI now sits just beneath the 3,280-point plateau although it's ripe for consolidation...

Fed Forecast Of Higher Rates In 2023 Leads To Lower Close On Wall Street

European Stocks Close Marginally Higher

COVID-19: Drugs in Development

Fed Forecast Of Higher Rates In 2023 Leads To Lower Close On Wall Street

Alphabet's Self-driving Car Company Waymo Raises $2.5 Bln In New Funding Round

Southwest Airlines Flights Grounded For Second Day In Row

Federal Reserve Estimates Point To Interest Rate Hikes In 2023

U.S. Stocks Nearly Flat As Clock Ticks Down To Fed Announcement

Worst Days Are Behind; California Reopens Fully From Pandemic Lockdown

FDA OKs StrataGraft For The Treatment Of Adults With Thermal Burns

U.S. Turning In Lackluster Performance As Fed Announcement Looms

Breakthrough In Resolving Long-standing US-EU Trade Disputes

U.S. Import Prices Jump More Than Expected Amid Spike In Fuel Prices

Meat Supplier JBS Paid $11 Mln Ransom In Cyberattack

JBS paid the equivalent of $11 million to hackers who broke into its computer system late last month. The ransom, reportedly in bitcoin, was paid after most of the company's facilities had come back online, the world's largest meat processing company said in a statement on Wednesday.

Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are trading mostly higher on Thursday, ignoring the negative cues overnight from Wall Street, as traders continued to be optimistic about strong economic rebound from the pandemic following increased Covid-19 vaccination rates. The mood in the markets are also subdued due to concerns over rising inflation as traders await the release of key U.S. inflation data.

European Economics Preview: ECB Monetary Policy Announcement Due

The monetary policy announcement is due from the European Central Bank on Thursday, headlining a light day for the European economic news. The main refi rate is expected to be retained at a record low zero percent. Markets expect the bank to maintain its current asset purchase programme and to avoid any tapering talk.

European Shares Seen Up Before ECB Meeting

European stocks are likely to open higher on Thursday as investors await cues from U.S. inflation data and the ECB policy meeting. US CPI data may play a vital role in the movement of the dollar index and treasury yields, with a higher than expected...

White House

US Pledges 500 Mln Doses Of COVID Vaccine To Poorer Countries

To help supercharge the global fight against the coronavirus pandemic, the United States will purchase and donate half a billion Pfizer/BioNTech vaccines to 92 low, and lower middle-income countries and the African Union. President Joe Biden, who is in England as part of his high-profile European tour, will make the historic announcement Thursday, the White House said. This is the largest-ever p

Economy

China Industrial Output, Retail Sales Growth Eases More Than Expected

Growth in China's industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday. According to the National Bureau of Statistics, industrial production grew 8.8 percent on a yearly basis in May, weaker than the economists' forecast of 9 percent and April's 9.8 percent increase.

UK Inflation Exceeds Target For First Time Since Mid-2019

European Economics Preview: UK Consumer Price Data Due

U.S. Business Inventories Show Modest Decrease In April

U.S. Homebuilder Confidence Unexpectedly Declines In June

U.S. Industrial Production Climbs More Than Expected In May

New York Manufacturing Index Indicates Slower Growth In June

Health

Worst Days Are Behind; California Reopens Fully From Pandemic Lockdown

People of California Tuesday celebrated the grand full reopening of the state, the worst-affected by the pandemic, after lockdown for more than a year. The state had suffered the worst record in both the COVID metrics - 3,804,871 cases and 63,208 deaths - in the United States. Governor Gavin Newsom welcomed the milestone at Universal Studios Hollywood, where he highlighted the attractions Califo

Markets

TSX Ends Flat

After swinging between gains and losses during much of the day's session, the Canadian stock market ended flat on Wednesday.

Business

Is Twitter No Longer Legally Protected In India?

Micro blogging platform Twitter, which has been engaged in a tussle with the Indian Government over right to privacy, likely lost its legal protection in India from prosecution over users' posts. The new provisions require major digital platforms to appoint India-based officers including a Chief Compliance Officer.

Stock Alerts

Stock Alert: CureVac Drops 50%

Stock Alert: Gaucho Group Down 9%

Stock Alert: TAL Education Plummets 15% On Reports Of Curbs On Chinese Private Tutorial Industry

Stock Alert: GTT Communications Gains 20%

Stock Alert: H&R Block Declines 6% Despite Strong Q4 Results

Latest Updates on COVID-19

Atossa - Focusing On Breast Cancer & COVID-19

US COVID Casualties Cross 600,000

New U.S. COVID Metrics Lowest In More Than A Year

US Reports 14K New COVID Cases, 424 Deaths

14K New COVID Cases, 452 Deaths In US

COVID-19: Drugs in Development

Cryptocurrency

Nueva Pescanova To Use IBM Blockchain For Traceability Of Seafood Products

Spanish seafood firm Nueva Pescanova teamed up with IBM Blockchain to apply blockchain technology to improve the traceability of its seafood products and help promote consumer trust across their supply chain. Nueva Pescanova specializes in the fishing, farming, processing and marketing of fresh, refrigerated and frozen seafood products. Read More

FDA Monitor

California Legislature Okays $100 Mln Grant For Smooth Cannabis Business Licensing

The California State Legislature has approved of a one-time $100 million grant to cities and counties in the state to help them restructure the process of cannabis business licensing. This move was done based on the recommendations of California Governor... Read More

Biotechnology

MannKind Says FDA Grants Priority Review For Tyvaso DPI NDA

MannKind Corp. (MNKD) and United Therapeutics Corp. (UTHR) Wednesday announced that the U.S. Food and Drug Administration accepted for priority review of the New Drug Application for Tyvaso DPI (inhaled treprostinil) for the treatment of pulmonary arterial... Read More

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Economic Calendar

Date	Indicator	Period	Country
06/16/21 18:45	GDP (Y-o-Y)	Q1	New Zealand
06/16/21 18:45	GDP (Q-o-Q)	Q1	New Zealand
06/16/21 14:0	FOMC Meeting	-	United States
06/16/21 14:0	Interest Rate Decision	-	United States
06/16/21 10:30	EIA Crude Oil Inventory (Barrels)	JUN 11	United States
06/16/21 10:0	CB Leading Index	MAY	Brazil

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Bond Markets Treasuries Move Sharply Lower As Fed Predicts Higher Rates In 2023 Treasuries Close Nearly Flat Ahead Of Fed Announcement Twenty-Year Bond Auction Attracts Modestly Above Average Demand Treasuries Move To The Downside As Fed Announcement Looms Read More	Commodities Crude Oil Futures Pare Early Gains, Settle Roughly Flat Gold Futures Snap 3-day Losing Streak, Settle Modestly Higher Gold Holds Steady As Investors Await Fed Meeting Outcome Oil Extends Gains On Falling Inventories Read More	Earnings Honest Posts Q1 Loss, Sales Up 12% Lennar Corp. Earnings Rise In Q2 Progressive Corp. May Profit Down 7% - Quick Facts Capgemini Signs Contract Extension With Equinor In Norway Read More
IPOs Germany's Cherry Sets IPO Price Range At EUR 30 - EUR 38/ Share Cybersecurity Firm SentinelOne Files For IPO Doughnut Maker Krispy Kreme Plans To Go Public Through IPO - Quick Facts Oatly Group Prices IPO At $17.00/ADS, High End Of Prior Range Read More	Mergers & Acquisitions American Tower Partners With Allianz In Europe - Quick Facts Trimble To Sell Iron Solutions Business To Randall-Reilly; Financial Terms Not Disclosed Platinum Equity To Buy McGraw Hill From Apollo Funds For $4.5 Bln - Quick Facts Oxford Instruments To Buy German Raman Microscopy Imaging Solutions Firm WITec For €42 Mln Read More	Industries Alphabet's Self-driving Car Company Waymo Raises $2.5 Bln In New Funding Round Southwest Airlines Flights Grounded For Second Day In Row Worst Days Are Behind; California Reopens Fully From Pandemic Lockdown FDA OKs StrataGraft For The Treatment Of Adults With Thermal Burns Read More

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