Novo Slides as Amgen Update Fuels Obesity Drug Competition Fears
Novo Nordisk A/S shares slid on Friday as a US rival’s comments on an experimental obesity drug gave rise to concerns about potential new competition in the rapidly growing field.
Novo Nordisk A/S shares slid on Friday as a US rival’s comments on an experimental obesity drug gave rise to concerns about potential new competition in the rapidly growing field.
Oil headed for its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East and weakening fuel markets.
Nomura Holdings Inc. and Mizuho Financial Group Inc. are facing more than $100 million of potential losses tied to a series of failed stock trades made by investment fund All Blue Capital.
US President Joe Biden included ally Japan along with rivals China and Russia in a list of countries he called “xenophobic” in a speech at a campaign fundraising event in Washington.
A strong US dollar and rising American wages are helping Philippine call centers extend more than two decades of growth, placing the industry on course to become the nation’s top foreign exchange earner by 2026, according to industry executives.
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