Weight-loss wars go global as Novo Nordisk bets big on its Wegovy pill
The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.
Why a small UK lender has major U.S. credit firms on edge
The continuing fallout from MFS’ collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.
High energy prices could derail Europe’s AI race with U.S. and China
Energy costs vary widely across Europe, creating clear winners and losers in attracting investment.
South Korea market volatility nears record high after $13 billion foreign investor selloff
South Korea’s stock market volatility surged near record highs on Monday after foreign investors dumped $13.2 billion worth of local equities last week.
Mizuho shares slide 7% after denying decision on reported Rakuten Bank investment shift
Shares of Mizuho Financial Group fell over 7% Monday, after the company said it has not made decision yet on investment in Rakuten Bank.
China’s economy loses steam in April as retail sales hit 40-month low
China’s economy stumbled in April with consumption, industrial output and investment growth missing expectations.
White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts
The meeting between U.S. President Donald Trump and Chinese President Xi Jinping last week yielded new pacts, though the sides have provided differing details.
CNBC Daily Open: Trump faces grueling marathon in Iran conflict as Putin heads to Beijing
Days after Air Force One departed Beijing, Russian President Vladimir Putin is set to visit the Chinese capital for talks with Chinese President Xi Jinping.
Oil prices stay in the green even after Trump calls off planned Tuesday attack on Iran
A senior U.S. official told Axios that Iran’s latest proposal is not a meaningful improvement and is insufficient for a deal.
Asia-Pacific markets mostly fall as Trump’s Iran warning stokes fresh oil supply fears
Asia-Pacific markets fell as investors weighed renewed geopolitical tensions after Donald Trump warned Iran to “get moving, FAST.”
