Author: franperez66q@protonmail.com
RDW’s approval took 18 months and was based on more than a million miles (1.6 million km) driven on EU roads, 13,000 customer ride-alongs, and several filing cabinets full of documents. And, based on its judgment, it says the system is safe if used properly. Today, RDW will present its findings to other European regulators. At some point, probably later this summer, the Technical Committee on Motor Vehicles will vote whether or not to adopt RDW’s approval across the rest of the EU; Tesla needs 15 of the 27 member states to say yes to make that happen. Based on…
People walk past a sign for Novo Nordisk’s annual general meeting at the entrance to the venue in Copenhagen, Denmark, March 26, 2026. Tom Little | ReutersNovo Nordisk hiked its annual profit guidance on Wednesday, as the drugmaker said its Wegovy weight-loss pill performed better than expected in the first three months of the year, sending its shares sharply higher.Novo hiked its 2026 full-year guidance on the back of increased expectations for GLP-1 product sales, saying it now expects adjusted sales and profit to contract between 4% and 12% on a currency-adjusted basis, an improvement on the previously projected decline…
Hua Hong Semiconductor shares surge to 12-year high in Hong Kong Source link
Under a proposed order filed by the SEC yesterday, the Elon Musk Revocable Trust would be “permanently restrained and enjoined from violating” Section 13(d), and the trust would be ordered to pay the fine to the SEC. The trust did not admit or deny the SEC’s allegations, court filings said. Musk lawyer Alex Spiro “said in a written statement that regulators had only fined the trust while dismissing the claims against Musk personally,” according to The Wall Street Journal. “Mr. Musk has now been cleared of all issues related to the late filing of forms in the Twitter acquisition, as…
A screen is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.Andrew Kelly | ReutersA global finance watchdog is demanding national regulators better scrutinize private credit, warning that banks, asset managers, insurance and private equity firms are exposed to an assortment of growing risks in the near $2 trillion sector.In a wide-ranging study published Wednesday, the Financial Stability Board said the industry’s lack of standardized, transparent data, along with opaque valuation practices and complex funding structures and vehicles, is bringing vulnerabilities to broader markets.It comes amid growing jitters surrounding private credit…
A sign saying “Sorry, No Petrol” on the forecourt of a BP service station during a fuel shortage in London on Feb 9, 1971.Evening Standard | Hulton Archive | Getty ImagesThis report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchFor Britons of a certain age, an oil price shock brings back memories of the 1970s, with food and petrol shortages, the state-imposed three-day working week, power cuts, doing school homework by candlelight, and the resulting increases in both inflation and unemployment.The good news is that, according to an assessment by the independent Office for…
Diageo delivers surprise sales growth on Guinness demand, soccer World Cup boost Source link
In a brief appearance at a Make America Healthy Again Institute event Monday, anti-vaccine Health Secretary Robert F. Kennedy Jr. announced new federal initiatives to curb prescribing of antidepressants, which he has long attacked with false and dangerous claims. Mental health experts have previously condemned his rhetoric and are already pushing back on his new efforts. The MAHA event was focused on “overmedicalization,” with participants broadly alleging—without evidence—that too many Americans, particularly youths, are overprescribed antidepressants in the class of selective serotonin reuptake inhibitors, or SSRIs. This class includes common medications such as Zoloft, Prozac, Paxil, and Lexapro, which are…
A Lufthansa passenger plane lands at Frankfurt Airport The plane flies over the Messeturm. The airline presents its quarterly figures on Wednesday. Picture Alliance | Picture Alliance | Getty ImagesGermany’s largest airline, Lufthansa reported taking on 1.7 billion euros (nearly $2 billion) in additional fuel costs as the Middle East conflict poses “enormous challenges.”In its first-quarter earnings published Wednesday, the airline said it had hedged 80% of its jet fuel, it expects to take on additional costs of 1.7 billion euros in 2026, which it plans to offset via cost-saving measures and increased revenue from ticket sales. Lufthansa saw its…
This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty ImagesOil prices fell Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes of a potential deal with Iran. Futures for international benchmark Brent crude for July delivery slid 1.92% to $107.77 per barrel as of 2:05 a.m. ET, while U.S. West Texas Intermediate futures lost 2% to $100.1 per barrel.Trump on Tuesday announced in a Truth Social post that the U.S.…