Norway’s giant wealth fund touts possibility of Novo Nordisk, Eli Lilly joining the trillion-dollar club
Norway’s giant wealth fund says Novo Nordisk and Eli Lilly could be on course to become the first health care companies to join the trillion-dollar club.
Former UK finance minister joins Coinbase crypto exchange as an advisor
Coinbase said Wednesday that George Osborne, who served as Britain’s chancellor of the exchequer from 2010 to 2016, will join the company as a global advisor.
‘The Davos underground’: A final take on the secretive parties of the world’s rich and powerful
On the periphery of the World Economic Forum’s Congress Center, the Davos underground is where much of the wheeling, dealing, and decadence continues to happen.
H&M shares tumble 12% after weaker sales and surprise CEO exit
“It has been very demanding at times for me personally,” outgoing CEO Helena Helmersson said.
Taylor Swift’s label UMG to pull music from TikTok, accusing the social media app of bullying
Universal Music Group, which represents megastars from Taylor Swift to Drake, accused TikTok of not paying “fair value” for its music.
China comes just shy of Japan as the world’s largest car exporter
More than 70% of China’s car exports in 2023 were of gasoline-powered vehicles, according to the country’s Ministry of Commerce.
Santander Q4 profit at record high on Europe, Brazil lending income
Strong lending income in Europe and Brazil helped Spain’s Santander offset a loss in Argentina and post a record high profit for the last quarter of 2023, beating forecasts.
Novartis misses Q4 net income expectations, extends forecast
Novartis on Wednesday reported a gain of 6% in fourth-quarter adjusted net income, helped by cost cuts and strong growth of recently launched drugs.
CNBC Daily Open: Tech earnings not impressing Wall Street
Tech giants Microsoft and Alphabet earnings both managed to beat top and bottom line estimates. Still, that wasn’t good enough for Wall Street.
Novo Nordisk hits $500 billion in market value as it flags soaring demand for Wegovy, Ozempic
Novo Nordisk, Europe’s largest company by market capitalization, on Wednesday reported better-than-expected 2023 earnings.
