BUSINESS

The success of anti-diabetic drup Ozempic and anti-obesity treatment Wegovy has seen Novo Nordisk become Europe's largest company by market capitalisation

Anti-obesity Drugs Fatten Novo Nordisk Profits

Danish drugmaker Novo Nordisk reported Thursday a sharp rise in third quarter sales and profits driven by the success of its anti-diabetes and anti-obesity treatments Ozempic and Wegovy.

Flags At Half-mast As China Mourns Late Premier

A woman rides a bicycle past a screen broadcasting an obituary of the former Chinese premier Li Keqiang outside a mall in Beijing
Flags flew at half-mast in Beijing on Thursday as China prepared for the funeral of its late ex-premier Li Keqiang, a reform-minded bureaucrat who was once tipped as the country's future leader but was eclipsed by the rise of Xi Jinping.
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Barry Callebaut aims to target demographic growth in the Asia Pacific region and increase sales in gluten-free and vegan products

Barry Callebaut Wants To Tap Into Vegan Power, Asia Growth

Barry Callebaut, the world's largest industrial cocoa and chocolate manufacturer struggles, said Wednesday it aims to double its business in Asia as well as its specialties unit as it seeks to move on from a salmonella outbreak at a major facility.
The ferry provided a regular link between Malian towns on the banks of the river

Massacre On Mali's Niger River

Regular passengers of the "Tombouctou", a ferry whose route runs along the Niger River in northern Mali, are accustomed to hearing gunfire from the riverbank during their journeys.
One of the two yachts belonging to Kuzmichev seized by France as part of sanctions

France Arrests Russian Tycoon In Tax, Sanctions Probe

French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group and who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said.
Getting caught in a US culture war has hurt Bud Light sales

AB InBev Profit Higher Despite Bud Light Sales Plunge

AB InBev, the world's top brewer, said Tuesday sales and net profits edged higher in the third quarter despite a drop in sales volume, in particular in the United States where Bud Light has been boycotted by conservative figures.

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