Weight loss drugmaker Novo Nordisk vies to become Europe’s most valuable company, toppling LVMH
Novo Nordisk overtook the Louis Vuitton owner’s market capitalization as investors bet on the potential of its weight loss drugs.
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation, according to Nobel Prize-winning economist Joseph Stiglitz.
Thai king reduces former PM Thaksin’s prison sentence to one year
Thai King Maha Vajiralongkorn has reduced former prime minister Thaksin Shinawatra’s eight-year prison sentence to one year, the royal gazette said on Friday.
Chinese smartphone maker teases a foldable smartphone that you can wear like a purse
The Honor V Purse is a smartphone that folds outward with a top strip that contains the camera. Customizable straps can be attached to the device.
Huawei spinoff Honor launches foldable phone globally as Chinese firm looks to rival Apple, Samsung
The Honor Magic V2 comes with all the latest features expected of a premium phone from a triple lens camera to sports Qualcomm’s latest mobile chipset.
Moscow holds elections in illegally occupied parts of Ukraine; Putin and Turkey’s Erdogan to meet in Sochi
Regional elections began on Thursday in Russian-occupied parts of Ukraine as authorities seek to cement Moscow’s control of what it calls its “new territories.”
Engineering group ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’
China, a powerhouse of manufacturing often referred as “the world’s factory” due to its influence on global trade, is ABB’s second-biggest market.
A Saudi-Israel deal could dramatically reshape the Middle East — but don’t expect it anytime soon
A deal between Israel and Saudi Arabia could dramatically reshape the Middle East.
‘The war is coming home to Russia’: Ukraine turns the tables on Moscow as drone warfare intensifies
A dramatic uptick in drone attacks targeting Russian territory is likely to continue and could be a game changer in the next phase of the war, analysts say.
China says the best way to ‘de-risk’ is to restore stability with the U.S.
Beijing said Thursday that restoring stability in U.S.-China trade relations is the best way to “de-risk.”