Author: Editor-In-Chief
A box of Ozempic is placed on a table in North Tyneside, England, on October 31, 2023.Lee Smith | ReutersDanish pharmaceutical giant Novo Nordisk on Wednesday said it was cutting growth expectations for its leading obesity and diabetes drugs due to increased competition and mounting pricing pressure in the weight-loss market.Net profit for the quarter was 20 billion Danish kroner ($3.1 billion), matching the 20.12 billion Danish kroner expected by analysts polled by FactSet.Diabetes and obesity care were key growth drivers after the Wegobee and Ozempic acquisitions, but the company lowered its growth expectations, citing prescription trends, competition and pricing…
Rick Smith, CEO of Axon Enterprises.Adam Jeffrey | CNBCaxon enterpriseThe company’s shares plunged 9% after the Taser gun maker missed Wall Street’s third-quarter profit expectations as it grapples with tariff constraints.Adjusted earnings came to $1.17 per share, below LSEG’s estimate of $1.52 per share. Adjusted gross profit margin fell 50 basis points year over year to 62.7%, which Axon attributed to the impact of tariffs.Axon’s connected devices business, which includes Tasers and anti-drone equipment, felt the biggest hit overall in the first quarter due to the tariffs. Revenue for this business unit exceeded $405 million, an increase of 24% year…
Seoul, South Korea AP — Kim Yong-nam, a typical North Korean bureaucrat whose lifelong loyalty to the Kim dynasty allowed him to serve as the country’s ceremonial head of state for two decades, has died, state media reported on Tuesday. The Korean Central News Agency reported on Tuesday that Kim Yong-nam, former chairman of the Standing Committee of North Korea’s Supreme People’s Assembly, died on Monday at the age of 97 from multiple organ failure. KCNA reported that North Korean leader Kim Jong Un visited Kim Yong Nam’s ossuary on Tuesday and expressed his deep condolences over Kim Yong Nam’s…
Nathan Aspinall’s walk-on to Mr Brightside by The Killers is deeply ingrained in darts culture, but that tradition may be facing change. Since 2019, fans have become accustomed to associating the song with the current PDC World No. 20, and the crowd frequently serenades him when he takes to the stage. However, speaking on Sky Sports’ Love the Darts podcast, Aspinall revealed he was considering a change after trying out new music on a European tour, but joked it would affect his career. Use Chrome Browser for a more accessible video player Speaking about Love The Darts, Aspinall revealed there…
Tinder is counting on AI to revitalize its dating app, which has reported nine consecutive quarters of declining paid members as of the third quarter of this year. Dating app maker Match Group told investors on an earnings call Tuesday that Tinder is testing a feature called Chemistry that would allow Tinder to get to know you through questions and, with your permission, access photos from your phone’s camera roll to learn more about your interests and personality. The feature is already being piloted in New Zealand and Australia and will be “a big pillar of Tinder’s future product experience…
Zhang Lei, founder and chairman of Hillhouse Investments, attended the Global Financial Leaders Investment Summit in Hong Kong, China on Wednesday, November 5, 2025. Bloomberg | Getty ImagesAsia-focused private equity firms are taking a more bullish stance on China, the world’s second-largest economy, betting on Beijing’s push for self-sufficiency and rapid adoption of technology to enable its next phase of growth.EQT Asia Chairman Jean-Eric Salata said the strategic priorities outlined in Beijing’s new five-year plan are poised to further deepen China’s lead in advanced manufacturing, step up investment in technology and artificial intelligence, and boost consumption.”I’m actually bullish on China…
Silas Stein | Picture Alliance | Getty Imagespinterest Shares plunged 21% on Wednesday after lackluster third-quarter results, hit by advertising by major retailers in response to tariffs.It was the second-worst day on record for stocks, behind only a 23.6% decline in May 2022.The company reported adjusted earnings of 38 cents per share, compared to analysts polled by LSEG who had expected earnings of 42 cents per share. However, the platform’s revenue met analysts’ expectations of $1.05 billion.”Tariff-related weakness will be evident for the first time in our digital advertising industry, reinforcing the lack of customer diversity and macro sensitivity for…
Canadian Prime Minister Mark Carney has promised his first budget will be a bold blueprint for “generational investments” to strengthen the economy and withstand a trade war with the United States. But for some analysts, this is a missed opportunity.Analysts said Carney’s budget proposal on Tuesday ultimately fell short of his ambitions, constrained in part by the reality of leading a minority government dependent on political opponents for survival.Recommended stories list of 4 itemsend of list”This is not a generational budget,” said Theo Argitis, senior vice-president of policy at the Business Council of Canada. “It’s moving in the right direction…
There were reports that the RSF had attacked military-controlled El Obeid, and it emerged that the militia was planning to launch an attack on the main city.Published November 5, 2025November 5, 2025Click here to share on social mediaShare 2shareForty people were killed in an attack on a funeral in El Obeid, the main city in Sudan’s North Kordofan state, the United Nations said.The Office for the Coordination of Humanitarian Affairs (OCHA) said on Tuesday, citing local sources, that the attack occurred in the state capital, which is still occupied by the Sudanese government-backed armed forces (SAF), without saying when it…
Hong Kong — Xi Jinping is not known for his easygoing smile. China’s most powerful communist leader in decades has cultivated a reputation in state media during his 12-year rule as a no-nonsense, steady leader. But images released by the White House show a different side of Mr. Xi that is not shown in images released domestically. President Xi attended the Asia-Pacific Economic Cooperation (APEC) summit held in South Korea and held bilateral talks with US President Donald Trump at Gimhae Air Base in Busan. All eyes were on how the leaders of the world’s two largest economies would sort…