Author: franperez66q@protonmail.com

Novo Nordisk to seek regulatory approval for Wegovy pill in China soon, says CEO Source link

A spokesperson said last week that nationalisation would take “billions of pounds of government financial support, increase uncertainty for employees, put pensions at risk, destabilise the supply chain, and make it harder to deliver the improvements customers deserve”. Source link

Gold prices have undergone a “reset” during the Iran war, according to Barclays, which is anticipating a rebound as an end is in sight. Though spot gold rose 3.2% on Monday to $4,375 per ounce, its highest level since June 9, it remains over 20% below its January peak of over $5,589 per ounce. The war brought the metal’s safe-haven status into question, as the prospect of higher interest rates made yielding assets, like bonds, more attractive. In a note published on Monday, Barclays wrote it remains constructive on gold, saying “persistent inflation, policy uncertainty and central bank reserve diversification”…

Analysis-KPMG scandal deepens Big Four accounting firms’ woes in Australia Source link

Qualcomm is working on over 40 designs of new AI devices, CEO Cristiano Amon told CNBC, as the chip designer prepares for a wave of “agents” across consumer electronics.In a wide-ranging interview on CNBC’s “The Tech Download” podcast, Amon laid out his views on the changing role of smartphones and apps, why smart glasses could be the next major consumer device, new types of electronics that will hit the market, and how chip architectures will need to change for even smaller gadgets.Amon’s comments, which also alluded to new entrants in the consumer market, could have implications for the way major…

Public markets are beginning to reopen for biotech companies after several years of muted activity. But the strongest companies may still be more likely to sell themselves to Big Pharma rather than testing investor appetite in an IPO, according to JPMorgan’s top healthcare dealmakers.The IPO window has reopened for high-quality biotech companies, but investors are far more selective than they were during the pandemic-era boom, Juha Anjala and Roy Wouters, co-heads of JPMorgan’s EMEA healthcare investment banking, told CNBC. The current market is also prompting many biotech companies to pursue a dual-track process: preparing for an IPO while simultaneously engaging with…

Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Dec. 9, 2025. Australia’s central bank kept its key interest rate unchanged for a third straight meeting in a widely expected decision, while reiterating that future moves will hinge on incoming economic data. Photographer: Brendon Thorne/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesThe Reserve Bank of Australia held rates at 4.35% Tuesday, while stating that it was ready to raise rates to manage price stability and full employment.The unanimous move was in line with economists…

US-Iran deal may not bring quick relief for auto shops Source link

It’s a bit worrying when a scientific paper begins, “How long will life on Earth survive?” But in this case—a study by Jacob Haqq‐Misra of Blue Marble Space and Eric Wolf at the University of Colorado Boulder—the billion-plus-year timeline under consideration shouldn’t cause you too much existential panic. The context for this question is that we understand the Sun will brighten as it eventually matures into a red giant that swallows the Earth in a solar furnace. So, where along that 5 billion-year path will life on Earth, in fact, be cooked? Weathering and the weather This isn’t just a…

The Bank of Japan headquarters in Tokyo on May 30, 2024.Kazuhiro Nogi | Afp | Getty ImagesJapan’s central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024. This is the Bank of Japan’s first hike since December, when it raised rates to 0.75%, and the first time since 1995 that rates have been raised to 1%. The BOJ said the decision was split 7-1, with board member Toichiro Asada dissenting and advocating for a hold at 0.75%.The policy…