Beata Zawrzel | Nurphoto | Getty ImagesEli Lilly’s Nexperimental GLP-1 pill helped people lose about 12% of their body weight, with weight loss plateauing for most patients in the 72-week trial, according to full study results presented at a medical meeting on Tuesday.Lilly had announced in August that the Phase 3 study of the daily pill, orforglipron, met its main goals, but the weight loss was less robust than previous trial results for Novo Nordisk’s weekly injectable GLP-1 drug Wegovy.That news sent Lilly’s shares down 14%. Year-to-date, the company’s shares have fallen about 1%.Results from a late-stage study of the…
Author: usaeverydaylife
Singapore’s non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday. Roslan Rahman | Afp | Getty ImagesSingapore’s non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday, weaker than analysts’ estimates as exports of both electronics and non-electronics fell.The fall compared with a Reuters poll forecast for an annual rise of 1.0%, and followed a revised fall of 4.7% in July.Non-oil exports to Indonesia, the U.S. and China declined in August, but rose to the European Union, Taiwan and South Korea, Enterprise Singapore said.Despite having a free-trade agreement and running a trade deficit with the U.S., Singapore has still been slapped with a 10% tariff rate by Washington. Singapore’s exports to…
Mineral explorers hoping to meet the growing demand for rare earths are vying for a slice of nearly $1 billion in Brazilian funding to help make their projects a reality in a country with the largest reserves after China. Bloomberg | Bloomberg | Getty ImagesBEIJING — Beijing still isn’t giving foreign companies access to critically needed rare earths, according to the European Chamber of Commerce in China.At least one member has lost “millions of euros” as a result, the ECCC told reporters Monday.The nearly 25-year-old business organization declined to share the name of the affected company, but said that other…
The ‘Fast Money’ traders talk U.S.-China TikTok talks. Source link
A sign is posted in front of Workday headquarters on Feb. 6, 2025 in Pleasanton, California.Justin Sullivan | Getty ImagesActivist investor Elliott Management said on Tuesday it has taken more than $2 billion stake in human resources software seller Workday.Elliott said it is pleased with its dialogue with the leadership team at Workday and expressed confidence that the multi-year plan outlined at the company’s Financial Analyst Day will generate substantial long-term value for shareholders.Earlier on Tuesday, Workday announced it would buy AI firm Sana for about $1.1 billion, underscoring growing consolidation in the HR software spaceas companies race to embed…
An image of U.S. President Donald Trump alongside disgraced financier Jeffrey Epstein is projected on Windsor castle, after U.S. President Donald Trump and first lady Melania Trump arrival for a state visit to the country, in Windsor, Berkshire, Britain Sept. 16, 2025. Phil Noble | ReutersFour people were arrested Tuesday night in the United Kingdom in connection with the projection of an image onto Windsor Castle showing President Donald Trump with his then-friend, notorious sex offender Jeffrey Epstein.The stunt came as Trump began a state visit to the U.K., and as the president has been dogged by months of controversy…
Tokyo is one of the most densely populated cities in the world, while rural areas of Japan are suffering with ageing populations and declining birth rates.Prisma by Dukas / Contributor / Getty ImagesAsia-Pacific markets opened lower Wednesday, tracking Wall Street losses as investors awaited the key monetary policy decision from the U.S. Federal Reserve’s two-day meeting, where it is expected to cut interest rates.Japan’s benchmark Nikkei 225 index lost 0.3%, while the Topix index fell 0.65%.The country’s exports dropped 0.1% year on year in August, government data showed, less than the 1.9% drop expected by economists polled by Reuters. The…
The ‘Fast Money’ traders look ahead to Wednesday’s FOMC rate decision. Source link
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025.Issei Kato | ReutersJapan’s exports fell less than expected in August, though extending their contraction to a fourth straight month.Japanese shipments fell 0.1% year on year, compared to a 2.6% fall in July. This was much softer than the 1.9% contraction expected by economists polled by Reuters.The country’s imports contracted at a softer pace of 5.2%, compared to the 7.4% decline in July, but more than the 4.2% fall expected in the Reuters poll.Exports to the U.S. dropped 13.8% year on year, steeper…
Tickets on sale now for ‘Fast Money’ live Source link
