• Bayer (BAYN.DE) settles thousands more Roundup lawsuits
• Lufthansa (LHA.DE) may introduce deeper job and fleet cuts
On the corporate front Spanish textile Inditex, owner of fashion retailer Zara, reported a quarterly profit of EUR 214 million well above analysts' expectations of EUR 96 million.


Lufthansa (LHA.DE) stock is testing major support level at €8.41 which is additionally strengthened by 50 MA (green line). If sellers manage to break below it, downward impulse towards support at €7.15 could be launched. However failure to break lower could see the price pull back towards near-term resistance at €9.60. Source: xStation5
Bayer AG (BAYN.DE) reached final settlement terms with three major law firms representing thousands of plaintiffs who claim exposure to its Roundup weed killer which caused them to develop cancer after criticism that the company was failing to uphold an $11 billion deal it announced in June to resolve the massive litigation.
Siemens Healthineers (SHL.DE) announced yesterday a collaboration with the U.S. Centers for Disease Control and Prevention (CDC) and the JRC (Joint Research Centre) of the European Commission on a research project to develop a novel process for standardizing SARS-CoV-2 assays.
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