Novo Nordisk launched Ozempic in India, pricing weekly doses from $24 as it targets the fast-growing diabetes and weight-loss market ahead of 2026 generic competition.
Bank of America will promote 40 tech executives to managing director on Jan. 1—more than double last year—as it ramps up investment in digital productivity tools.
Lululemon CEO Calvin McDonald will step down in January; shares rose after the company boosted its profit outlook. U.S. sales remain weak as competition intensifies.
Sen. Elizabeth Warren urged Nvidia's CEO and the Commerce Secretary to testify after Trump moved to allow H200 AI chip sales to China, raising DOJ interference concerns.
Intel tested ACM Research tools from units under U.S. sanctions, raising national-security concerns over tech leakage and reliance on China.
Henrique Braun, a long-time Coca-Cola executive, will succeed James Quincey as CEO on March 31; Quincey moves to executive chair.
Tim Cook urges Congress to let parents verify kids' ages, citing privacy concerns over federal age-check rules for apps.
US seized a sanctioned tanker off Venezuela, Trump said, boosting oil prices and raising tensions with Maduro.
US House committee backs three-year AGOA extension, supporting African jobs. No immediate decision on South Africa, which seeks to remain in the program.
Trump says CNN should be sold as Warner Bros weighs bids from Netflix and Paramount, escalating tension over the network's future amid competing takeover plans.
Bitcoin dipped under $90k as worries over AI profits hit tech stocks and risk appetite; ether fell 4% and crypto weakness spread across markets.
Oracle stock dropped 12% after the company projected sales and profit below expectations as AI-driven spending failed to boost earnings.
Barclays has invested in United Fintech, joining major banks like Citi and BNP Paribas. The platform has acquired seven fintechs since 2020 and strengthens bank–fintech collaboration.
Trump administration holds first Gulf drilling auction, offering 81M acres at lower royalty rates to boost industry as bids come in from 26 companies.
Airbus CEO Guillaume Faury says Boeing may win this year's order race for the first time in six years, though Airbus still leads in deliveries and backlog
Berkshire reshapes leadership as Todd Combs exits for JPMorgan's major investment project. Greg Abel readies to take over as CEO, ending Buffett's six-decade era.
IMF urges China to speed reforms as it leans on exports and debt. Its $1T trade surplus and rising global share draw criticism over cheap goods and slow domestic demand.
Yen slips on rate-gap pressure before BOJ meeting; dollar holds steady as markets await a tense Fed decision and possible rate cut.
Turkish economy experienced a larger-than-anticipated slowdown in its third-quarter growth figures. This development is now significantly fueling market expectations for further interest rate cuts by the central bank.
The EU has launched an antitrust investigation into whether Google improperly uses web and YouTube content to train its AI systems.
Home Depot forecasts flat to 2% sales growth next year, signaling it doesn't expect a quick housing-market rebound.
Foreign investors now dominate Japan's government bond trading, driving up activity—and volatility—as their growing involvement raises risks of sudden market shifts.
IMF approves $1.2B for Pakistan, praising reforms and stability efforts as the country works to recover from economic crisis and flood impacts.
Trump announces $12B farm aid as tariffs hurt crop sales, especially soybeans. Relief uses tariff revenue while court reviews legality of his trade measures.