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Lilly and Novo Nordisk near White House deal on obesity drug prices, Endpoints New reports
Reuters· 2025-11-04 15:44
Eli Lilly and Novo Nordisk are preparing to announce new drug pricing deals with the White House, including for their blockbuster weight loss drugs, in return for coverage of products under Medicare, ... ...
CEO vacancy at Primark spurs AB Foods spin-off review
Reuters· 2025-11-04 15:29
Core Viewpoint - The recent vacancy for a CEO at Primark has prompted a renewed review of the potential spin-off from its parent company, Associated British Foods, after years of resistance [1] Company Summary - Primark is experiencing significant scale and growth potential, which has led to discussions about its independence from Associated British Foods [1]
IHeartMedia shares hit 2-year high on report of Netflix licensing talks
Reuters· 2025-11-04 15:27
Shares of iHeartMedia hit their highest in more than two years on Tuesday after Bloomberg News reported that Netflix was in talks to license video podcasts distributed by the radio and podcasting firm... ...
Novo Nordisk, Pfizer sweeten bid for Metsera as bidding war heats up
Reuters· 2025-11-04 14:20
Core Insights - Novo Nordisk and Pfizer have revised their bids for Metsera, an obesity drug developer [1] Company Developments - Novo Nordisk and Pfizer are actively competing for Metsera, indicating a strategic interest in the obesity treatment market [1] Industry Trends - The revision of bids by major pharmaceutical companies highlights the growing focus on obesity drug development and the potential for significant market opportunities in this sector [1]
Ferrari trims price increases on some models sold in U.S. to maximum 5%
Reuters· 2025-11-04 14:16
Ferrari has trimmed price increases on some of the models it sells in the U.S. to a maximum of 5% following a deal to reduce the import tariff on European products, a spokesman told Reuters. ...
Hertz surges after swinging to third-quarter profit
Reuters· 2025-11-04 14:04
Hertz Global swung to a third-quarter profit after nearly two years on Tuesday, as the company relied on used vehicle sales and a newer fleet of rental cars to drive demand, sending its shares up 27% ... ...
YPF, Eni sign agreement with ADNOC's XRG to develop Argentina LNG project
Reuters· 2025-11-04 14:04
Argentina's state-controlled oil company YPF and Italy's Eni reached a framework agreement with the Abu Dhabi National Oil Company (ADNOC)'s XRG investment arm to join Argentina's liquefied natural ga... ...
Rheinmetall closing in on multi-billion-euro ammunitions contract, CEO tells Reuters
Reuters· 2025-11-04 13:43
German defence giant Rheinmetall is in the final stages of negotiating a multi-billion-euro ammunitions supply contract, CEO Armin Papperger told Reuters in an interview on Tuesday. ...
India tribunal lifts WhatsApp data-sharing ban, upholds Meta fine
Reuters· 2025-11-04 13:39
An Indian appeals tribunal on Tuesday set aside an antitrust watchdog's five-year ban on Meta-owned WhatsApp sharing user data with other Meta entities for advertising, marking a partial win for the U... ...
CDW beats quarterly profit estimates on strong demand for its IT solutions
Reuters· 2025-11-04 13:36
Core Insights - CDW exceeded Wall Street profit estimates for the third quarter, driven by increased technology budgets from enterprise customers and a growing adoption of artificial intelligence in cloud services [1] Group 1: Financial Performance - CDW reported a profit that surpassed Wall Street expectations for the third quarter [1] - The increase in enterprise customers' technology budgets contributed significantly to the company's financial success [1] Group 2: Market Trends - There is a notable trend of enterprise customers embracing artificial intelligence and cloud adoption, which is positively impacting CDW's business [1]