Month: November 2025
Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study
Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Thursday said it will start late-stage trials on its experimental amylin obesity drug next month after it showed encouraging results in a mid-stage study. The highest dose of the weekly injection, called eloralintide, helped patients […]
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European stocks lose ground as earnings hold the spotlight; Rheinmetall gains 2%
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks edged lower on Thursday, as investors reacted to another flurry of corporate earnings. The pan-European Stoxx 600 was down 0.07% as of 11:26 a.m. in London (6:26 a.m. ET), with most sectors and major bourses in negative […]
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NWSL creates star-studded advisory board to guide league’s growth
KANSAS CITY, MISSOURI – NOVEMBER 02: Nichelle Prince #8 of Kansas City Current celebrates with teammates after scoring the team’s second goal during the NWSL match between Kansas City Current and San Diego Wave at CPKC Stadium on November 02, 2025 in Kansas City, Missouri. (Photo by Amy Kontras/NWSL via Getty Images) Amy Kontras | […]
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Nvidia’s Jensen Huang softens his ‘China will win the AI race’ remark to FT
Jensen Huang attends a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace in London, Brirain, Nov. 5, 2025. Yui Mok | Via Reuters Nvidia CEO Jensen Huang reportedly told the Financial Times on Wednesday that “China is going to win the AI race,” only to release a notably softer statement […]
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Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded […]
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Bank of England rate cut a close call ahead of the Autumn Budget
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying […]
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Beyond QR codes: The Indonesian unicorn driving Southeast Asia’s digital payments evolution
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Indonesian fintech unicorn Xendit is helping reshape Southeast Asia’s payment landscape by offering Stripe-like infrastructure tailored to the region’s unique challenges. In this episode of CNBC’s “Beyond the Valley,” Xendit co-founder and Chief Operating Officer Tessa Wijaya joins Arjun Kharpal at the […]
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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in […]
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Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images Microsoft is giving employees a way to raise […]
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Qatar Airways sells entire Cathay Pacific stake for $897 million
Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years. Cathay said late on Wednesday that the Doha-based carrier had approached it about selling its entire 9.7% stake, and it would repurchase the shareholding […]
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