Lilly, Novo to Lower Obesity Drug Prices in Deal with Trump
Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for…
UK Business Warns Against ‘Death by a Thousand Taxes’ at Budget
The UK’s biggest business lobby warned Rachel Reeves against hitting companies with a series of smaller tax rises…
Treasuries Slump as Supply Outlook Compounds Anxiety About Fed
Treasuries slid after the US government signaled that larger auction sizes are on the horizon, while signs of…
Caterpillar to Double Gas Turbine Capacity to Feed AI Boom
Caterpillar Inc. plans to more than double its capacity of gas turbines to tap into soaring demand for…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
OPEC+ to Agree Small Output Hike for December, Delegates Say
OPEC+ members are set to approve another small output hike for December when they meet online on Sunday,…
HK’s Economy Grows Most Since 2023, Defying Trade Tensions
Hong Kong’s economy expanded much faster than forecast in the third quarter, posting the strongest growth in nearly…
Shutdown Stalls SEC Work on Private Credit in Retirement Plans
The month-long government shutdown is delaying the Securities and Exchange Commission’s work to make it easier for 401(k)…
Nvidia (NVDA) Still Hopes to Sell Blackwell Chips to China, Huang Says
Nvidia Corp. Chief Executive Officer Jensen Huang still hopes to sell chips from the company’s Blackwell lineup to…
China Factory Activity Hits Longest Decline in More Than Nine Years
China’s factory activity slumped for the longest streak in more than nine years, prompting fresh calls for greater…
China Soy Deal Lifts US Farmers But Spotlights Trade Limitations
China’s commitment to buy at least 87 million tons of US soybeans through the next several years provides…
China’s Year-Long Rare Earths Truce Offers Near-Term Relief
China paused plans for a dramatic expansion of its rare-earths export controls, offering relief to global buyers after…