world
Metsera says Novo Nordisk’s new bid for obesity drugmaker is ‘superior’ to revised Pfizer offer
The clash reflects the shifting landscape for weight loss and diabetes drugs, with Novo Nordisk trailing Eli Lilly as companies like Pfizer race to break in. Source link
Post Hindenburg, Adani Enterprises plans to raise $2.8 billion from rights issue
A report by U.S. short seller Hindenburg derailed Adani Enterprises’ plans to raise money in 2023. Source link
Pfizer tops estimates, raises profit guidance even as sales fall
Pfizer hiked its full-year profit guidance, citing its strong business performance and cost cuts, even as sales for the period fell. Source link
Luxury carmaker Ferrari beats third-quarter profit expectations as revenues jump
Ferrari recently notched its worst-ever trading day after its 2030 guidance fell short of analyst expectations. Source link
Yum Brands to review strategic options for Pizza Hut, opening the door to a sale
Yum Brands will explore strategic options for Pizza Hut, which has struggled in recent years. Source link
Free AI in India? Google, OpenAI and Perplexity are betting your curiosity will train their machines
Artificial intelligence companies racing to expand in India are not just chasing customers, but they are enlisting millions of users to help train AI models for the world. Source link
Norway's mega wealth fund to reject Elon Musk's $1 trillion Tesla pay package
Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal. Source link
European markets lower as investors react to earnings; UK's Reeves delivers pre-budget speech
European stocks opened in negative territory on Tuesday, reversing positive sentiment seen at the start of the new trading month. Source link
BP beats third-quarter profit expectations on higher oil and gas production
BP’s results come just over eight months after the company launched a fundamental strategic reset. Source link
Binance CEO dismisses claims the firm boosted a Trump crypto venture ahead of CZ pardon
The CEO of Binance has dismissed claims the company went out of its way to boost a Trump-backed stablecoin ahead of pardon of its co-founder Changpeng Zhao. Source link