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Zealand Pharma to accelerate drug development for obesity, metabolic disease
Reuters· 2025-12-11 06:35
Core Viewpoint - Danish biotech Zealand Pharma is accelerating the development and expanding research of its experimental obesity drug candidates to differentiate them in a competitive market [1] Company Summary - Zealand Pharma aims to enhance its position in the obesity treatment sector by speeding up the development of its drug candidates [1] - The company is focusing on research expansion to create unique offerings in the obesity drug market [1] Industry Summary - The obesity drug market is becoming increasingly competitive, prompting companies like Zealand Pharma to innovate and differentiate their products [1]
UK pledges extra $2 billion NHS spend to avert Trump tariffs, FT says
Reuters· 2025-12-11 05:22
Core Points - The UK has committed to increasing spending on NHS medicines by £1.5 billion ($2 billion) over the next three years [1] Summary by Category Government Commitment - The British government has made a promise to the United States regarding the increase in NHS medicine spending [1] Financial Implications - The increase in spending amounts to £1.5 billion, which translates to approximately $2 billion over a three-year period [1]
Apple CEO pushes for changes in US child online safety bill, citing privacy concerns
Reuters· 2025-12-11 00:08
Core Viewpoint - Apple CEO Tim Cook is advocating against federal legislation that may require the company to verify users' ages and potentially collect sensitive data on customers [1] Group 1 - The meeting took place with U.S. House members to discuss concerns regarding the proposed legislation [1] - The legislation could impose significant changes to how Apple manages user data and privacy [1] - Tim Cook's engagement highlights the company's proactive approach to influence policy decisions that affect its operations [1]
Australia's Westpac urges bigger role for social media firms in scam prevention
Reuters· 2025-12-10 23:44
Group 1 - Westpac Banking Corp emphasizes the need for stronger actions from social media companies like Meta to combat online scams [1] - The bank asserts that financial institutions cannot address the increasing threat to consumers independently [1]
GlobalFoundries names Sam Franklin as CFO after interim stint
Reuters· 2025-12-10 23:25
GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who stepped down earlier this year. ...
Investors expect relief in money markets as Fed resumes T-bill purchases
Reuters· 2025-12-10 23:03
The Federal Reserve's move to expand its balance sheet again by buying Treasury bills is expected to ease money-market strains, calming investor worries that years of bond-portfolio runoff had drained too much liquidity from the financial system. ...
Synopsys tops revenue estimates on strong demand for chip design tools
Reuters· 2025-12-10 22:34
Chip design software provider Synopsys beat analysts estimates for fourth-quarter revenue on Wednesday, driven by strong demand for its chip design tools, sending its shares up 5% in extended trading. ...
Google names Amin Vahdat as new chief of AI infrastructure buildout, Semafor reports
Reuters· 2025-12-10 21:59
Alphabet's Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure, Semafor reported on Wednesday, citing an internal memo, as tech giants pour billions into th... ...
Winklevoss twins' Gemini bags US license for prediction markets
Reuters· 2025-12-10 21:58
Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction mar... ...
Trump says CNN should be sold as part of Warner Bros Discovery deal
Reuters· 2025-12-10 21:33
U.S. President Donald Trump said on Wednesday the news network CNN should be sold as part of a deal for its parent company Warner Bros Discovery or separately. ...