By Louise Rasmussen, Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN (Reuters) - Novo Nordisk, the maker of blockbuster weight-loss drug Wegovy, said on Wednesday it will cut 9,000 jobs in a bid to reignite growth and fend off intense competition from U.S. rival Eli Lilly and a wave of compounded copycat drugs. The restructuring, including the largest layoff in Denmark's history, is expected to save 8 billion Danish crowns ($1.25 billion) annually and comes as Novo Nordisk is battling to revive its fo ...

Nifty Bank index opened today’s session with a gap-up at 54,555 compared to yesterday’s close of 54,216. It is now hovering around 54,520, up 0.6 per cent, at the end of the first hour of today’s trade.The advance/decline ratio stands at 10/2, showing a considerable bullish bias. Canara Bank (up 1.8 per cent) is the top gainer followed by Punjab National Bank (up nearly 1.7 per cent).On the other hand, IDFC First Bank (down 0.4 per cent) and AU Small Finance Bank (down 0.4 per cent) are the losers in Nifty ...

With a background as an RN and an MBA, Stephen analyzes healthcare and tech stocks through the lens of investment process design. His work is guided by his proprietary "Dizzy Framework," a system developed to counter common behavioral errors like chasing market noise or rigidly sticking to priors. By focusing on the quality and timing of information, the framework enforces a patient and disciplined approach, translating complex science and market dynamics into truly actionable theses. His influences include ...

Question-and-Answer SessionOkay. So Josh, I want to go backwards before we go forward. So you've been on a journey and the company over the last couple of years where you were dealing with some headwinds in the business, but now you've got a number of strategic priorities that you're executing on to reposition the business. Talk a little bit about the journey you did on over the last 12, 18 months before we set the stage for where we think the company is going over the medium to long term.Joshua SilvermanCE ...

Question-and-Answer SessionOkay. So Josh, I want to go backwards before we go forward. So you've been on a journey and the company over the last couple of years where you were dealing with some headwinds in the business, but now you've got a number of strategic priorities that you're executing on to reposition the business. Talk a little bit about the journey you did on over the last 12, 18 months before we set the stage for where we think the company is going over the medium to long term.Joshua SilvermanCE ...

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Google said on Wednesday it had scrapped data transfer fees for organisations processing workloads "in parallel" across two or more cloud platforms in the European Union and Britain ahead of the EU Da... ...

The recent decision of the Organization of the Petroleum Exporting Countries and allies to boost production further in October likely increases the downside risks for global oil prices, according to C... ...

Only if we do grasp the internal workings of complex machines can we end up with some understanding of what they're likely to do. This is as true of financial instruments as it is ofTim Worstall is a wholesaler of rare earth metals and one of the global experts in the metal scandium. He is also a Fellow at the Adam Smith Inst in London and an writer for a number of media outlets, including The Times (London), Telegraph, The Register and even, very occasionally indeed, for the WSJ. This account is linked wit ...

ExxonMobil expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday. ...