Zealand’s stock plummets after disappointing drug result. Its CEO tells CNBC people need to focus less on the ‘weight loss Olympics’
Zealand and Roche are jointly developing the drug petrelintide which in a mid-stage study led to a worse-than-expected 10.7% weight-loss over 42 weeks.
Samsung reveals first details of its AI smart glasses to CNBC
Samsung’s AI smart glasses will be launched in 2026 and will mark the company’s first foray into the product category.
Europe faces a ‘massive’ gas price shock from Iran war — and these three sectors will be hit hardest
The Iran war has sent oil and gas prices soaring, creating huge risks in Europe’s key energy-intensive sectors.
The Tech Download: Data centers become military targets as Iran war rages on
Infrastructure underpinning digital services has been pulled into the conflict in the Middle East
Trump wants U.S. Navy to escort tankers through the Gulf. Why that plan may not work
A backup of oil tankers in the Persian Gulf is disrupting supplies, and will only get worse the longer the Strait of Hormuz is closed.
Dubai real estate magnate: There could be a property cooldown, but I don’t see it
Mohamed Alabbar acknowledged the attacks but insisted investors were still confident in Dubai and that “smart capital” will continue to flow into the city.
European stocks open higher as easing oil prices boost global sentiment
European stocks traded higher in early dealmaking on Friday.
CNBC Daily Open: Middle East conflict stokes energy supply worries
U.S. crude oil hit as much as $80 per barrel Thursday, as the escalating Iran war enters its seventh day and continues disrupting global fuel supplies.
UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of Tehran’s most critical economic lifelines.
U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
