By Maggie Fick LONDON (Reuters) – Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not just lose weight, could propel Europe’s best-performing stock even higher, according to 10 investors and industry analysts interviewed by Reuters. Demand for the Danish company’s weight-loss treatment Wegovy is soaring in the United States, leading…
TAIPEI (Reuters) – Taiwan is seeking U.S. cooperation to make the island’s next domestically developed fighter jet, the head of Taiwanese defence contractor Aerospace Industrial Development Corp (AIDC) said on Wednesday. Taiwan’s air force scrambles daily to see off incursions by Chinese jets into the airspace around the island as Beijing steps up its pressure…
By Parisa Hafezi DUBAI (Reuters) -Wary of re-igniting Iran’s worst political turmoil in years, the country’s rulers are resorting to new, less obtrusive tactics to punish women who refuse to wear the obligatory Islamic hijab. The methods, introduced following nationwide anti-government protests last year, combine use of security cameras with denial of state services to…
By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The calm that has prevailed in the U.S. equity market may be starting to snap, as a range of worries bolster the case for investors looking to take profits on a rally that has seen the S&P 500 gain more than 7%…
By Jack Queen (Reuters) – A friend of E. Jean Carroll on Tuesday backed up the writer’s account of being raped by Donald Trump, testifying during a civil trial that she received a phone call about the alleged attack minutes after it occurred. Author Lisa Birnbach told a jury in Manhattan federal court that she…
By Nandhini Srinivasan and Sriparna Roy (Reuters) – The rate of drug overdose deaths involving the synthetic opioid fentanyl more than tripled in the United States from 2016 through 2021, according to a report by the U.S. Centers for Disease Control and Prevention (CDC) released on Wednesday. Fentanyl is up to 50 times stronger than…
(This May 2 story has been corrected to attribute 2022 SEC proposal following post-publication review in paragraphs 6 and 7) By John McCrank (Reuters) – The U.S. Securities and Exchange Commission will decide on Wednesday whether to adopt new rules for advisors to hedge funds and private equity funds aimed at increasing transparency, competition, and…
By Brendan O’Boyle and Kylie Madry MEXICO CITY (Reuters) -The United States will continue to accept migrants from Cuba, Haiti, Nicaragua, and Venezuela under a humanitarian program after May 11, when the COVID-19 health policy known as Title 42 is set to end, the U.S. and Mexican governments said on Tuesday. Mexico, for its part,…
(Reuters) – S&P Global on Tuesday slashed First Republic Bank’s credit rating deeper into junk territory after California banking regulators seized the U.S. lender and sold its assets. S&P cut its rating to ‘CC’ from ‘B+’ and said it expects default to be a “virtual certainty”. On Monday, JPMorgan Chase & Co struck a deal…
By Manya Saini, Niket Nishant and Koh Gui Qing (Reuters) -Hindenburg Research, the short investor whose reports on companies have erased a big chunk of their value, criticized Icahn Enterprises LP (IEP) on Tuesday over the reporting of its finances, leading to a 20% drop in the shares of activist investor Carl Icahn’s firm. The…
