World
Oil Prices surge as Middle East Tensions Escalate: Potential New Front in Israel-Hamas Conflict Raises Concerns
Global oil prices experienced a sharp surge on Friday as geopolitical tensions in the Middle East intensified. The catalyst for the surge was Iran’s announcement...
Strong Demand for Wegovy and Ozempic: Novo Nordisk Q3 Sales Surge by 33%, 47% Operating Profit Growth
Novo Nordisk, Europe’s most valuable company in 2023, announced on Friday a significant upward revision of its full-year sales and operating profit outlook, surpassing market...
Jim Ratcliffe Emerges as Front Runner in Manchester United Bid, Addresses Minority Shareholder Concerns
Jim Ratcliffe, the chairman of chemicals giant Ineos Group Holdings SA, is poised to lead the race in acquiring a significant stake in the English...
TikTok Faces Warning Over Disinformation Spread Amid Israel-Hamas Attack
EU Digital Services Act: TikTok Faces warning by EU European Union’s industry chief, Thierry Breton, issued a stern warning to tech giant TikTok on Thursday...
Tesla Inc Taps Outokumpu Oyj for Cybertruck Materials
Tesla Inc has turned to European stainless steel giant, Outokumpu Oyj, to procure stainless steel panels for its highly anticipated Cybertruck, sources familiar with the...
Xerox Exits Russian Operations Amid Geopolitical Strain
Xerox Holdings announced on Wednesday the sale of its Russian operations to local management for an undisclosed sum, joining a growing roster of Western enterprises...
Brazilian Auto Exports Face Steep Decline in 2023,
Brazilian auto exports are poised to experience a substantial setback in 2023, with a projected double-digit drop compared to the previous year, cautions the automotive...
Philips Sleep Apnea Devices Face FDA Testing Demand
In a significant development, Royal Philips NV, a prominent Dutch medical equipment manufacturer, has encountered a fresh setback as the US Food and Drug Administration...
IMF Chief Cautiously Optimistic on Global Economy
International Monetary Fund (IMF) chief Kristalina Georgieva expressed cautious optimism on Thursday, citing heightened demand for services and progress in curbing inflation as positive indicators...
NBIM Emerges as Key Player in American IPOs
Norway’s Norges Bank Investment Management (NBIM), a colossal $1.4 trillion sovereign wealth fund, has emerged as a pivotal force driving a paradigm shift in the...
