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Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy

A U.S. Senate health panel vote that was scheduled for its June 18 meeting, to decide whether to subpoena Novo to answer questions about U.S. prices for the blockbuster drugs, is no longer necessary and will be canceled, Senator Bernie ...
/ Investing Finance

Republican Senator Grassley launches new probe into Boeing, FAA

WASHINGTON (Reuters) -Republican U.S. Senator Chuck Grassley said on Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boeing (NYSE:BA) after a January mid-air emergency involving a 737 MAX 9.The probe is the latest ...
/ Investing Macro Economy

Macron: France facing 'very serious' moment as far-right and far-left lead polls

BORGO EGNAZIA, Italy (Reuters) -France is facing a "very serious" moment as parliamentary elections loom, said President Emmanuel Macron on Friday, with financial markets rattled by the country's far-right and far-left political blocs currently leading polls.Political uncertainty has already triggered ...
/ Investing Macro Economy

Nasdaq manages 5th straight record high close; S&P 500 ends barely lower

NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe (NASDAQ:ADBE) and other technology-related shares, while the S&P 500 and Dow ended slightly lower.The S&P 500 ended its four-day run of ...
/ Investing Macro Economy

Erdogan says Biden faces a test of sincerity in handling of the Gaza war

In an interview with reporters on his way back from the G7 Summit in Italy, Erdogan said Biden is expected to demonstrate that the Gaza ceasefire plan is not a calculated electoral tactic but a sincere effort to end the ...
/ Investing Macro Economy

Brazil's Lula stands by finance minister but rejects spending cuts targeting the poor

Speaking at a press conference on the sidelines of the Group of Seven (G7) summit in Italy, leftist Lula said unnecessary spending should be avoided amid growing pressure from investors for the government to reduce expenditures and balance public accounts."Haddad ...
/ Investing Macro Economy

Italy's Meloni shows her arch-conservative credentials at G7 summit

BARI, Italy (Reuters) - Since taking office in 2022, Italian Prime Minister Giorgia Meloni has proved a pragmatic partner on major international issues, assuaging fears she would be a dogmatic conservative unwilling to compromise.But at the Group of Seven summit ...
/ Investing Macro Economy

Oil dips, but posts weekly gain on solid 2024 demand outlook

NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed deteriorating U.S. consumer sentiment, but prices rose 4% for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.Brent ...
/ Investing Commodities

People left dangling upside down on amusement park ride

About 30 people were rescued from an amusement park in Oregon, according to Portland Fire and Rescue, after one of the rides got stuck and left them dangling upside down. "I feel bad for them... It's so scary," said an ...
/ BBC World

Putin peace terms slammed as Ukraine summit begins

The leaders of Italy and Germany have strongly rejected ceasefire terms laid out by Vladimir Putin to stop the war in Ukraine, as dozens of countries gathered at a summit in Switzerland to discuss ending the conflict.Italy's Prime Minister Giorgia ...
/ BBC World

Eight Israeli soldiers killed in Rafah operation, IDF says

Eight Israeli soldiers were killed in a blast in southern Gaza on Saturday, Israel’s military said, the deadliest incident for the army in the war since January.The soldiers were in an armoured vehicle that was hit by a major explosion ...
/ BBC World

Why this beauty stock is a new top pick at Oppenheimer

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be ...
/ Investing

Stock Market Today: Nasdaq clinches all-time high close as tech reigns supreme

At 16:00 ET (20:00 GMT), the NASDAQ Composite was up 0.2% to close at record high of 17,693.43. The Dow Jones Industrial Average fell 57 points, or 0.2%, S&P 500 dropped 0.1% to close at 5,433.00 after hitting an all-time ...
/ Investing

Crew evacuated from vessel hit by Houthis, search for sailor continues

MANILA/LONDON (Reuters) -The crew of a Greek-owned vessel damaged in an attack by Yemeni Houthi militants has been evacuated and the abandoned ship is drifting in the Red Sea, the United Kingdom Maritime Trade Operations and a Philippine minister said.The ...
/ Investing World

South African foes unite in uneasy coalition

JOHANNESBURG (Reuters) - For the first time since Nelson Mandela negotiated an end to white minority rule, former sworn enemies are coming together in South Africa under a pledge to overcome ideological differences for the good of the nation.President Cyril ...
/ Investing World

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