Novo Nordisk’s obesity drug cuts risk of strokes and heart attacks
Shares in Danish drugmaker and US rival Eli Lilly surge to record highs after positive trial of weight-loss drug #press
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Financial Times :press:
FT_at_press.coop@mostr.pub
npub14kse...akrn
Big stories and breaking news headlines as they are published on http://FT.com.
( feed imported by https://press.coop )
US bank stocks fall after Moody’s cuts ratings on several midsized lenders
Shares in Italian lenders slide after government announces windfall tax plans #press
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The oneness of Ron DeSantis and Rishi Sunak
Both men are uncharismatic, populist pretenders — and prematurely written-off #press
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Apple seeks to bolster expertise in generative AI on mobile devices
Tech giant recruits staff to compress existing language models to run efficiently on iPhones and iPads rather than the cloud #press
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Meta prepares chatbots with personas to try to retain users
Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok #press
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AI frenzy tests Big Tech’s newfound cost discipline
Investment in the burgeoning technology is increasing, but there is uncertainty as to when it will start to pay off #press
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Maersk forecasts long and deep contraction in global trade
Container shipping group says companies are still cutting inventories #press
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India’s Supreme Court suspends conviction against Rahul Gandhi
Decision prompts calls for leading opposition figure to be restored to his seat in parliament #press
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KKR in talks to buy publisher Simon & Schuster for more than $1.6bn
Paramount has been shopping the company since regulators blocked proposed deal with Penguin Random House #press
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Niger capital gripped by uncertainty as invasion deadline draws closer
Neighbours led by Nigeria have threatened military action unless coup leaders restore democracy by Sunday #press
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Australian regulator blocks ANZ bank’s $3.2bn Suncorp takeover
ACCC says mergers between smaller lenders preferred to strengthen competition against ‘big four’ #press
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New superconductor frenzy seems too super to be true
Scepticism has built around initial reports that LK-99 might prove to be a transformative discovery #press
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China crams for World Bank business survey
Officials fear country may perform poorly as scandal-hit survey prepares for relaunch #press
Client Challenge
AI frenzy tests Big Tech’s newfound cost discipline
Investment in the burgeoning technology is increasing, but there is uncertainty as to when it will start to pay off #press
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In praise of the boring chief executive
Tim Cook, Sundar Pichai and Satya Nadella run huge companies but they have learned to stay out of the limelight #press
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Tiger Global builds big Apollo stake in shift from tech bets
Chase Coleman’s hedge fund also makes investments in aerospace and healthcare #press
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Stakes are high as Ukraine’s offensive starts to secure a military advantage
Despite heavy attrition of Russian equipment, the question remains whether Kyiv can build momentum #press
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Chinese deal activity in US slumps to lowest level in 17 years
Geopolitical tensions and national security issues curb enthusiasm for merger and acquisition investments #press
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Goldman hit by senior departures as lower pay and overhaul take toll
Some insiders fear it could take years to replace top-tier bankers #press
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Lawyers warn of ‘massive’ test for attorney-client privilege
A US court order compelling Covington & Burling to hand over client names to SEC after data breach has put firms on edge #press
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