Novo and Lilly contender Zealand Pharma heralds its obesity drug alternative: It’s our ‘crown jewel’
Danish biotech Zealand Pharma is targeting the “next generation” of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly.
UK economy returns to growth as Labour tees up all-important budget
The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost for the Labour government.
How Russia’s war economy and defense spending could actually make it weaker
Russia’s war-orientated economy and military spending plans risk deepening major imbalances within the government’s finances, analysts say.
China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
Investors are on tenterhooks as Beijing prepares to deliver fresh policies to boost its economy.
CNBC Daily Open: CPI’s higher than expected. Is it just a ‘janky’ data point?
It’s important to see whether individual data points cohere into a larger pattern, or if they’re just “janky,” as Atlanta Fed President Raphael Bostic put it.
Bank of Korea cuts interest rates after holding for almost two years
The BOK cut its benchmark interest rate from 3.5% to 3.25% after a “clear trend of stabilization” with inflation.
Chinese stocks drop over 3% this week as investors await key policy briefing; most Asia-Pacific markets fall
Mainland China’s CSI 300 blue chip index extended weekly declines, as the stimulus-fueled rally continues to lose steam.
Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time: Live updates
All the major averages are headed for a winning week.
Grab CEO Anthony Tan gives his no. 1 piece of advice for aspiring entrepreneurs
He is the head honcho of one of Southeast Asia’s biggest tech companies, Grab — but he’ll be the first to say that the journey has not been easy.
Main spending cuts and tax increases in France’s 2025 budget
The French government on Thursday unveiled its budget with 60 billion euros ($65.68 billion) worth of tax hikes and spending cuts.
