Finance

KEY POINTS COPENHAGEN — Novo Nordisk is navigating a rapidly evolving pharmaceutical landscape as competition intensifies in the GLP-1 weight loss drug market.  The Danish drugmaker, an early pioneer with its diabetes medication Ozempic, which also supports weight management, is facing pressure from Eli Lilly’s newly launched GLP-1 therapies, Mounjaro for diabetes and Zepbound for … Read more

KEY POINTS  PayPal Holdings Inc. shares plunged about 18% in US trading after the payments company announced Chief Executive Alex Chriss would step down after roughly two and a half years, named HP Inc.  CEO Enrique Lores as his successor effective March 1 and issued guidance that fell well short of Wall Street expectations. The … Read more

KEY POINTS  WASHINGTON — US President Donald Trump on Monday announced a trade agreement with India that reduces tariffs on Indian goods to 18 percent from 50 percent, following months of tense negotiations over India’s energy imports.  The deal requires India to limit purchases of Russian oil while buying more energy, technology, and agricultural products … Read more

KEY POINTS A Noah Kahan documentary chronicling the Grammy nominated singer-songwriter’s ascent after his multi platinum album Stick Season is set to premiere globally on Netflix later this year. Offering an inside look at his touring, creative process and the lead-up to his fourth studio album, The Great Divide, due April 24. The Noah Kahan … Read more

KEY POINTS  Bitcoin price, the world’s leading cryptocurrency, dropped below $79,000 on Tuesday, reflecting a shift in market sentiment as global investors reassessed positions amid heightened volatility.  According to real time data from Bitcoin World market monitoring, BTC traded at $78,831.44 on the Binance USDT market, down from $81,250 just 24 hours earlier.  Analysts say … Read more

KEY POINTS  Bitcoin, the world’s largest cryptocurrency by market value, has delivered extraordinary long term returns but continues to face structural risks tied to regulation, energy use, technology and market behavior as of early 2026. Bitcoin has risen more than 21,000% over the past decade, drawing retail investors, hedge funds and corporations into the digital … Read more

KEY POINTS  Gold and silver prices plunged Friday after former President Donald Trump announced his choice for Federal Reserve chair, triggering a sharp rebound in the US dollar and prompting investors to unwind positions built during months of geopolitical tension and currency weakness. The sudden decline in gold and silver prices reflected a rapid shift … Read more

KEY POINTS  Mobile app marketing provider Liftoff Mobile said Thursday it is seeking a valuation of up to $5.17 billion as it prepares for an initial public offering in the United States, marking another major listing from private equity giant Blackstone as IPO activity accelerates in 2026. The proposed Liftoff Mobile IPO underscores a broader … Read more

KEY POINTS  Patrick James, founder of First Brands Group, and his brother Edward James, a former executive, were indicted Thursday in Manhattan federal court for allegedly defrauding lenders of billions of dollars before the auto parts company collapsed into bankruptcy last year.  The indictment, filed by federal prosecutors in New York, alleges a series of … Read more

KEY POINTS  Bitcoin hovered near $88,000 at the end of January, risking its first four-month losing streak since the 2018-2019 bear market, as ongoing price declines, institutional activity and US policy ambiguity weigh on market sentiment.  The cryptocurrency has declined roughly 36 percent from recent peaks, with October through December 2025 already showing negative returns. … Read more