By Michael Erman NEW YORK (Reuters) – The enormous demand for weight-loss treatments like Novo Nordisk’s Wegovy could support as many as 10 competing products with annual sales reaching up to $100 billion within a decade, mostly in the United States, industry executives and analysts said. More than half a dozen companies, from Pfizer Inc…
A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the week in Asia, which is no surprise given U.S. consumer prices loom this week as a major test of the market’s sanguine view that the Fed is done hiking. Futures are 90% priced for…
ANKARA (Reuters) – Turkey’s President Tayyip Erdogan accused the opposition of being “pro-LGBT” at a rally in Istanbul on Sunday, as he stepped up his rhetoric against his opponents a week before what is expected to be a tight election. Elsewhere, protesters threw stones at Istanbul Mayor Ekrem Imamoglu, a member of the main opposition…
(Reuters) – Ukraine’s top military command said on Monday that its forces destroyed all 35 Iranian-made Shahed drones that Russia had launched overnight at different targets around the country. “The Russian Federation (also) launched 16 missile strikes last night, in particular on the cities of Kharkiv, Kherson, Mykolaiv and Odesa regions,” the General Staff of…
(Reuters) -Russia’s Wagner mercenary group appeared on Sunday to ditch plans to withdraw from Bakhmut in eastern Ukraine, saying they had been promised more arms by Moscow and suggesting they may keep up their assault on what Russia sees as a stepping stone to other cities in the Donbas region. Ukraine’s general in charge of…
BELGRADE (Reuters) – Serbia’s Education Minister Branko Ruzic resigned on Sunday over last week’s shooting at an elementary school in which eight children and a security guard were killed, amid public anger over that and another mass shooting just a day later. The country is in shock and mourning over the two shootings: the school…
(Reuters) – The prominent Russian nationalist writer, Zakhar Prilepin, on Sunday described breaking both legs in a car bomb that killed his driver and which Moscow blamed on the United States and Ukraine. “To the demons I say: You will scare nobody. There is a God. We will win,” he said in a Telegram post…
By Orhan Coskun and Birsen Altayli ANKARA (Reuters) – With his two-decade rule in the balance, Turkish President Tayyip Erdogan has pulled out all the stops on the campaign trail as he battles to survive his toughest political test yet and shield his legacy from an emboldened opposition. Erdogan, the son of a sea captain,…
By Gareth Jones (Reuters) – Russia stages its annual Victory Day parade on Red Square on Tuesday amid particularly tight security after a series of drone attacks, including on the Kremlin citadel, symbolic heart of the Russian state, that Moscow has blamed on Ukraine. Victory Day is a key anniversary for President Vladimir Putin, who…
(Reuters) – The head of Russia’s Wagner mercenary group appeared on Sunday to ditch plans to withdraw his forces from Bakhmut in eastern Ukraine after receiving promises overnight that they would get all the arms needed to capture the devastated city. Yevgeny Prigozhin announced on Friday that his fighters, who have spearheaded the months-long assault…
