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Novo, Lilly collaborate with Waltz Health to sell weight-loss drugs directly to employers
Reuters· 2025-11-21 22:00
Digital health company Waltz Health said on Friday it has launched a program to offer popular weight-loss drugs from Novo Nordisk and Eli Lilly directly to employers, bypassing traditional drug sales ... ...
AnaptysBio shares tumble after legal fight with GSK over cancer drug license
Reuters· 2025-11-21 21:52
Shares of AnaptysBio fell 14% in premarket trading on Friday after the U.S. drug developer and Tesaro, a unit of Britain's GSK , filed lawsuits against each other, with both claiming a breach in a par... ...
ADNOC's Covestro takeover gets final regulatory approval in Germany
Reuters· 2025-11-21 21:50
Abu Dhabi state oil firm ADNOC and Germany's Covestro have received the final outstanding regulatory approval from the German economy ministry for their 14.7 billion euro ($16.9 billion) takeover deal... ...
Fed's Jefferson: AI-related stock gains unlikely to be dot-com boom replay
Reuters· 2025-11-21 21:48
Federal Reserve Vice Chair Philip Jefferson on Friday said he feels the current surge in stocks related to artificial intelligence is unlikely to be a replay of the late 1990s dot-com stock boom that ended in a bust, in large part because AI-related firms are well established and have actual earnings. ...
Denmark compensates patients for vision loss linked to Novo Nordisk drugs
Reuters· 2025-11-21 21:00
Four patients in Denmark, who experienced vision loss after using Novo Nordisk's popular weight-loss and diabetes drugs Wegovy and Ozempic, have been granted compensation, the Danish Patient Compensat... ...
UK stocks set for sharp weekly losses as tech, Fed concerns hit markets
Reuters· 2025-11-21 20:50
London's main stock indexes plunged on Friday, headed for weekly losses, as concerns over tech valuations and Federal Reserve's hawkish stance rattled global markets, while defence shares slid amid signs of potential progress toward peace in Ukraine. ...
Morning Bid: The pAIn trade
Reuters· 2025-11-21 19:38
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor ...
VinFast's quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
Reuters· 2025-11-21 19:18
Vietnam's VinFast reported a sharp rise in third-quarter revenue on Friday, bolstered by strong sales of its electric cars and bikes, with the company riding on the growth to fuel expansion. ...
Insight: Shale rigs idle, layoffs rise as $60 oil tests resilience of Permian
Reuters· 2025-11-21 19:10
At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to Mark Waters, who owns a store that sells tools and safety equipment to oil fir... ...
Google aims to dodge breakup of ad business as antitrust trial wraps
Reuters· 2025-11-21 19:06
Alphabet's Google will make its final plea to avoid a breakup of its advertising technology business in a U.S. court on Friday, as the Department of Justice's antitrust case draws to a close. ...