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Novo Quadruples the Number of Patients Starting on Wegovy in US
Novo Nordisk A/S is shipping four times as many crucial introductory doses of its weight-loss drug Wegovy in the US as it was at the end of last year, as the pharmaceutical company rushes to boost supply.
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SEB Lifts Swedish GDP View and Sees Key Rate Cut in May
Sweden’s largest bank raised its forecasts for economic growth in the Nordic nation after output fell less than expected last year, citing “budding optimism among households and businesses.”
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ING Unveils €2.5 Billion Buyback as Profit Beats Estimates
ING Groep NV announced a fresh share buyback after reporting a first-quarter profit that beat estimates.
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How California’s Ban on Diesel Locomotives Could Have Major National Repercussions
American federalism is struggling. Federal rules are an overwhelming presence in every state government, and some states, due to their size or other leverage, can impose their own policies on much or all of the country. The problem has been made clearer by an under-the-radar plan to phase out diesel locomotives in California. If the […]
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Can’t Book a Table in New York? It Could Be Worse.
The Japanese practice of “no first time customers” might be a promising business model for some restaurants.
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Daimler CEO Calls Missing Electric Truck Chargers a Top Concern
Daimler Truck’s Martin Daum says the US and Europe must speed up the buildout of charging infrastructure.
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Zuma’s Comeback Is a Headache for South Africa’s ANC
A recent opinion poll shows the ex-president’s party is on course to win 8% of the vote.
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Czechs to Cut Rates as Outlook Gets More Hawkish
The Czech Republic is poised to cut interest rates by another half of a percentage point, but a nascent economic recovery and sticky inflation may slow monetary easing in the following months.
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An Influx of Chinese Tourists Is Coming to a Country Near You
Chinese tourists are headed overseas for the extended May Labor Day holiday at near pre-pandemic levels, accelerating a rebound of what used to be the world’s biggest travel market.
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You Can’t Call Jerome Powell a Big Teaser
The Fed did exactly what was expected on rates — nothing. Daytrippers got on board with it, anyway.
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