Month: August 2025
Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial, […]
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Vietnam plans mass evacuation, China’s Sanya shuts as Typhoon Kajiki intensifies
Citizens ride on the road amid heavy rain as Typhoon Kajiki approaches on August 24, 2025 in Qionghai, Hainan Province of China. Vcg | Visual China Group | Getty Images Vietnam plans to evacuate more than half a million people and has ordered boats to stay ashore, while the southern Chinese city of Sanya closed […]
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BOJ’s Ueda expects tightening job market to push up wages
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a conference hosted by the bank’s Institute for Monetary and Economic Studies in Tokyo, Japan, on Tuesday, May 27, 2025. Kiyoshi Ota | Bloomberg | Getty Images Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to […]
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Spotify flags price rises as it introduces new services, FT reports
A screen displays the logo of Spotify on the floor at the New York Stock Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify will raise prices as it invests in new features and targets 1 billion users, the Financial Times reported on Sunday citing the music streaming provider’s Co-President and Chief Business Officer […]
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Global week ahead: Trump’s Nobel dreams meet economic reality
In this day and age, receiving a cold call at any time can be disarming, but Norway’s finance minister reportedly took a most surprising ring on the streets of Oslo earlier this month. According to Norwegian newspaper Dagens Naeringsliv, the cold caller was U.S. President Donald Trump, and the request for Norway’s Finance Minister Jens […]
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From American Eagle to Swatch, why brands seem to keep getting it so wrong
Michael M. Santiago | Getty Images From American Eagle to Swatch, brands appear to be making a lot of blunders lately. When actress Sydney Sweeney’s jeans campaign came out last month, critics lambasted the wordplay of good “jeans” and “genes” as tone deaf with nefarious undertones. More recently, an advert from Swiss watchmaker Swatch sparked […]
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BOJ’s Ueda expects tightening job market to push up wages
Bank of Japan Governor Kazuo Ueda attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Symposium in Jackson Hole, Wyoming on Aug. 23, 2025. Jim Urquhart | Reuters Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job […]
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Epstein files released to Congress are mostly ‘recycled’ documents, Democrat says
Rep. Summer Lee, D-Pa., participates in a subcommittee hearing of the House Oversight and Government Reform Committee on Capitol Hill in Washington, D.C., July 23, 2025. Jonathan Ernst | Reuters Rep. Summer Lee, D-Pa., in a statement on Saturday criticized the release of the first trove of documents related to the late convicted sex offender […]
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Trump administration considering deporting Kilmar Abrego Garcia to Uganda, his lawyers say
Kilmar Abrego Garcia walks, as he has been released from the Putnam County Jail in Cookville, Tennessee, U.S., August 22, 2025. Seth Herald | Reuters U.S. immigration officials have notified Kilmar Abrego Garcia of their intent to deport him to Uganda, his attorneys said in a Saturday filing that accuses the government of pressuring Abrego Garcia to […]
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