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Novo Nordisk shares fall 5.6% after Trump vows weight-loss drug price cut

COPENHAGEN (Reuters) -Novo Nordisk’s shares fell 5.6% in early trade on Friday after U.S. President Donald Trump said on Thursday that the price of the Danish drugmaker’s best-selling weight-loss drug would be lowered. Trump made the comments during a White House event on fertility treatments and ...
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Coca-Cola considers $1 billion IPO of Indian bottling unit, Bloomberg News reports

(Reuters) -Coca-Cola is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The company has met with bankers to discuss listing Hindustan Coca-Cola Beverages, the report said, adding ...
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Ford to recall nearly 625,000 US vehicles over camera display, seatbelt issues

(Reuters) -Ford is recalling nearly 625,000 vehicles in the U.S. due to seatbelt and rear-view camera display problems, the U.S. National Highway Traffic Safety Administration said on Friday. The seatbelt recall affects 332,778 Ford Mustang vehicles, while the camera display issue recall covers 291,901 F-250, ...
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BYD makes largest recall of over 115,000 cars due to design, battery issues

BEIJING (Reuters) -Chinese car maker BYD will make its largest recall yet of more than 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022 due to design defects and battery-related safety risks, China’s market regulator said on Friday. BYD has filed a ...
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Analysis-AI boom rippling across to Britain’s pound, Swedish crown

By Joice Alves LONDON (Reuters) -The boom in investment in artificial intelligence is starting to be felt for the first time in currency markets across Europe, and analysts reckon the Swedish crown and sterling stand to benefit the most. Trading in the almost $10 trillion-a-day FX ...
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Big Tech is paying millions to train teachers on AI, in a push to bring chatbots into classrooms

SAN ANTONIO (AP) — On a scorching hot Saturday in San Antonio, dozens of teachers traded a day off for a glimpse of the future. The topic of the day’s workshop: enhancing instruction with artificial intelligence. After marveling as AI graded classwork instantly and turned ...
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Diesel brand owner OTB is positive on China and in no rush to IPO

By Casey Hall SHANGHAI (Reuters) -OTB Group, the parent of Italian denim specialist Diesel and owner of luxury brands including Maison Margiela, is positive on the Chinese market and is investing more in it, founder and chairman Renzo Rosso said. Rosso, in China to mark Diesel’s ...
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Indian refiners buy first Guyanese oil from Exxon, sources say

NEW DELHI/SINGAPORE (Reuters) -Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to be delivered at end-2025 or in early 2026, in their first imports from the South American producer, trade sources said on Friday. Indian Oil ...
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Asian shares fall, gold claims new record as banking fears weigh

By Stella Qiu SYDNEY (Reuters) -Asian shares tracked Wall Street lower, bonds extended gains and gold hit a fresh record on Friday, with signs of credit stress at U.S. regional banks putting investors on edge. Overnight, Zions sank 13% after disclosing it would take a $50 ...
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Dollar set for weekly slide as trade, shutdown concerns weigh

By Rocky Swift TOKYO (Reuters) -The dollar remained on the back foot on Friday as global trade frictions and signs of weakness in the U.S. economy supported the case for more rate cuts by the Federal Reserve. The dollar index is set for its biggest weekly drop ...
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Automaker group warns Nexperia chip supply issue could quickly disrupt US production

WASHINGTON (Reuters) -A group representing major automakers warned late on Thursday that a chip disruption stemming from a dispute between China and the Dutch government could quickly impact U.S. auto production. Carmakers and their suppliers received notice from chipmaker Nexperia last week that it could ...
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Fed’s Kashkari: Economy may not be slowing as much as we think

By Ann Saphir (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, “there’s more risk of a labor market negative surprise ...
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