Highlights: June 14, 2021 - June 18, 2021
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Vietnam's seafood exports increased by 14% in 5 months
According to Vietnam Association of Seafood Exporters and Producers (VASEP), in May 2021, seafood exports continued to recover positively when growing by 24%, with a turnover of nearly 790 million USD....Cano Health acquires University Health Care for $600 million
Cano Health and University Health Care and its affiliates announced Cano Health has acquired University and its affiliates for $600 million....Cornucopia ready to acquire Magnachip in $1.66 billion deal
Magnachip confirmed receipt of an unsolicited proposal....Alabama: Landing moving headquarters to Birmingham, with plans to create over 800 jobs
Landing plans to relocate its headquarters from San Francisco to Birmingham, Alabamawhere it will create 816 new full-time jobs as it accelerates growth plans....Frankfurt Airport: 356.9 percent year-on-year increase in passengers traffic
Despite the ongoing and widespread impact of the Covid-19 pandemic, aviation traffic is beginning to recover: in May 2021, Frankfurt Airport (FRA) welcomed 1.25 million passengers....Emirates loss $6.0 billion
Emirates Group announced 2020-21 results....H&M Q2 net sales up 75 percent in local currencies
H&M reported Tuesday that its second quarter net sales increased 62 percent to 46.51 billion Swedish kronor from last year's 28.66 billion kronor....Georgia May net tax revenues up 68.1 percent
The State of Georgia's May net tax collections approached $2.66 billion for an increase of roughly $1.08 billion, or 68.1 percent, compared to May 2020 when net tax collections totaled $1.58 billion....Bahrain unveils $1.2bn stimulus package for COVID-hit sectors
Bahrain's His Majesty King Hamad bin Isa Al Khalifa issued a royal decree extending a number of initiatives launched within the economic stimulus package worth BD485 million ($1.2 billion) designed to protect livelihoods and mitigate the impact of Covid-19 on the economy. ...Texas Central and Webuild to work on Texas train project that will create tens of thousands of jobs
Texas Central, developers of the high-speed train between Dallas and Houston, has signed a $16 billion contract with Webuild, operating in the U.S. market with The Lane Construction Corporation to lead the civil construction team that will build the Texas passenger line....Iran's steel export hits 146% growth in current year
A statistical study of performance of major steelmaking units in country showed that export of steel products in the first two months of current Iranian calendar year (from March 21 to May 21) registered a 146 percent growth....Oracle Q4 profit $4.03 billion
Oracle reported fourth quarter profit of $4.03 billion or $1.37 per share, compared to $3.12 billion or $0.99 per share last year....La-Z-Boy Q4 profit up greatly
La-Z-Boy Tuesday reported fourth quarter profit of $37.5 million or $0.81 per share, up from $2.30 million or $0.05 per share last year....Equinor expects gross investments in renewables of around $23 billion, free cash flow of $45 billion
Equinor presented its strategy to accelerate the company's transition while growing cash flow and returns....Amazon: $300 million to develop thousands of new affordable housing units
Amazon announced a commitment of $75 million in below-market capital for developers to create 800 affordable homes in the Nashville, Tennessee area near WeGo high-capacity transit corridors....Amazon robotics facility, 1,000 new jobs coming to Louisiana
Amazon announced the company's latest robotics fulfillment center in Louisiana, with over 1,000 jobs and a $200 million capital investment coming to Baton Rouge, Louisiana....UK reaches deal on U.S. tariff dispute
The International Trade Secretary Liz Truss has today struck an historic deal with the U.S. on the Airbus-Boeing dispute in a good mobe for industries like Scotch whisky....Lennar Q2 earnings $831.36 million
Lennar announced earnings for its second quarter that advanced from the same period last year....Danaher to buy Moderna supplier Aldevron for about $9.6 billion
Danaher Corporation announced that it has entered into a definitive agreement to acquire Aldevron, for a cash purchase price of approximately $9.6 billion....Kerry sells its consumer foods meats and meals business to Pilgrim's Pride for 819m euros
Kerry Group plc has reached agreement to sell its Consumer Foods' Meats and Meals business in the UK and Ireland to Pilgrim's Pride Corporation for a cash consideration of 819m euros (704m pounds) subject to routine closing adjustments....EU passenger car market expands 53.4% in May
In May 2021, passenger car registrations in the European Union rose by 53.4% compared to last year, totalling 891,665 units, The European Automobile Manufacturers' Association (ACEA) reported....Losses from magnitude 7.0 earthquake in Japan $1.62 billion
Insured losses from the magnitude 7.0 earthquake that struck off the coast of the Fukushima region of Japan on February 13th 2021 have continued to rise and at a faster pace.... ■