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business news

Ozempic, Wegovy may curb drinking, smoking: What we know

by Adam Aitken
Ozempic, Wegovy may curb drinking, smoking: What we know

An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023.  Jaap Arriens | Nurphoto | Getty Images Heather Le Biller shed 9 …

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How China became king of new nuclear power, how U.S. could catch up

by Lotfi Akalay
How China became king of new nuclear power, how U.S. could catch up

Cranes stand at the construction site of the second phase of Changjiang Nuclear Power Plant, invested by state-owned China National Nuclear Corporation (CNNC) and China Huaneng Group, on June 28, …

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Biden-backed economic corridor should not exclude anyone

by Betti Alver
Biden-backed economic corridor should not exclude anyone

India’s Prime Minister Narendra Modi (R) shakes hand with International Monetary Fund Managing Director Kristalina Georgieva ahead of the G20 Leaders’ Summit at the Bharat Mandapam in New Delhi on …

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An excerpt from Walter Isaacson Musk bio

by Claribel Alegria
An excerpt from Walter Isaacson Musk bio

The following is adapted from Walter Isaacson’s biography “Elon Musk,” publishing Sept. 12. “Hey, I’d love to come see you and talk about philanthropy and climate,” Bill Gates said to …

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Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance

by Francesco Algarotti
Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance

Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li …

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What it means for other pharma deals

by James Agee
What it means for other pharma deals

Robert Galbraith | Reuters The Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement –  a move …

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Mercedes to launch smaller version of G Class luxury SUV

by Francesco Algarotti
Mercedes to launch smaller version of G Class luxury SUV

Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle, the German carmaker’s CEO told CNBC in an interview Sunday. The G Class, a rugged …

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Tax Evasion: OECD model to boost real estate tax transparency

by Adam Aitken
Tax Evasion: OECD model to boost real estate tax transparency

NEW DELHI: The OECD on Friday released a possible framework for enhancing tax transparency in real estate, which is seen as a source of leakage and money laundering, and also …

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The CEO of engineering group ABB is ‘pretty pessimistic’ on China

by Lotfi Akalay
The CEO of engineering group ABB is ‘pretty pessimistic’ on China

The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for …

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Europe’s biggest carmakers brace for China’s EV challenge

by Francesco Algarotti
Europe’s biggest carmakers brace for China’s EV challenge

BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance …

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