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19879 articles published since 08 Mar 2022

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What impact will Trump have on the world economy?
What impact will Trump have on the world economy?
Business and Economy

Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts say. - Donald Trump's policies could also rekindle inflation, which cooled following a series of interest-rate hikes that the Federal Reserve began to unwind this year.

UniCredit says needs a year to decide Commerzbank deal
UniCredit says needs a year to decide Commerzbank deal
Business and Economy

The chief executive of Italy's UniCredit bank said Wednesday there would be no decision on a possible takeover of German rival Commerzbank for at least a year. Italy's second-biggest lender surprised markets in September by building up a stake of about 21 percent in its German rival, fuelling speculation that it could be gearing up to mount a takeover effort.

Dutch court upholds e-cigarette flavour ban
Dutch court upholds e-cigarette flavour ban
Business and Economy

A Dutch court on Wednesday upheld a government ban on sweet flavours for e-cigarettes, arguing they encouraged young people to smoke. "The harmfulness of the e-cigarette and the attractive effect of the sweet flavours on young people have been sufficiently established," it added.

Tesla shares soar pre-market as Trump hails 'genius' Musk
Tesla shares soar pre-market as Trump hails 'genius' Musk
Business and Economy

Shares in Tesla soared in pre-market trading Wednesday after Donald Trump claimed victory in the US presidential election and hailed the electric car company's boss Elon Musk as a "genius". Musk shared a photo on his social media platform X showing him with Trump at an election watch party in Florida, and the Republican candidate singled him out during a celebratory speech.

Obesity drug maker Novo Nordisk posts strong profit
Obesity drug maker Novo Nordisk posts strong profit
Business and Economy

Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted Wednesday strong third-quarter earnings despite being held back by production constraints. Novo Nordisk has a hold on 74 percent of the market for weight-loss treatments.

Afghanistan poppy cultivation grows 19 percent despite ban: UN
Afghanistan poppy cultivation grows 19 percent despite ban: UN
Business and Economy

Opium cultivation rose by 19 percent in Afghanistan this year, the UN reported Wednesday, despite a Taliban government ban that almost eradicated the crop. The 19 percent increase year-on-year remains far below the 232,000 hectares cultivated when Taliban supreme leader Hibatullah Akhundzada banned the crop in April 2022, nearly a year after the Taliban returned to power, UNODC added.

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