Author: Justin M. Larson

Shares in Novo Nordisk surged 6% Monday, after the Wegovy maker secured approval of its GLP-1 pill — a world first. The U.S. Food and Drug Administration’s approval of Novo Nordisk’s GLP-1 pill gives the Danish pharmaceutical giant a head start over U.S. rival Eli Lilly. The pill’s starting dose of 1.5 milligrams will be available in pharmacies and via select telehealth providers with savings offers for $149 per month in early January, the firm said. Cash-paying patients can access it for the same price via President Donald Trump’s direct-to-consumer website, TrumpRx, according to the deal Novo Nordisk struck with his…

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An aerial view of Singapore’s Marina Bay Street Circuit on Sept. 17, 2024.Roslan Rahman | Afp | Getty ImagesSingapore’s inflation in November remained steady at 1.2%, missing estimates, as a higher increase in prices of services was offset by a steeper decline in electricity costs.The reading was lower than Reuters-polled analysts’ median estimates of 1.3%. Core inflation in the city-state, which strips out prices of private transport and accommodation, also came in at 1.2%, compared to expectations of 1.3%.Higher services inflation at 1.9% was due to larger increases in the costs of point-to-point transport, which includes taxis, ride-hailing and car-pooling…

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LONDON — European markets are expected to open in the red, extending losses into a second day after hitting record highs last week.The U.K.’s FTSE 100 is seen almost 0.2% down, France’s CAC is set to be 0.1% below the flatline, and Germany’s DAX is set for a soft open, according to data from IG Group. The pan-European Stoxx 600 ended the previous session 0.1% lower on Monday. Still, the benchmark has risen 14% higher this year and, with a week to go, it looks on track for its third consecutive year of gains. Investors will be watching Novo Nordisk stock…

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The logo of South Korean shipbuilder Hanwha Ocean at their office building in Seoul, South Korea, October 15, 2025. Kim Hong-ji | ReutersShares of South Korean firm Hanwha Ocean surged 10% Tuesday after U.S. President Donald Trump announced that the firm would help build new frigates for the country’s Navy. Speaking at a press conference, Trump said that the warships will be built at the Hanwha Philly Shipyard in Philadelphia, acquired by the South Korean company in 2024, and in which it has pledged to invest $5 billion as part of South Korea’s $150 billion shipbuilding pledge. The shipbuilding pledge…

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The UK could be set to have had its warmest year on record, according to forecasters.The Met Office says 2025 is on track to become one of the UK’s warmest years, possibly surpassing 2022. The average annual temperature is tracking at 10.05C – ahead of the previous record of 10.03C set in 2022.A forecasted cold spell over Christmas means the final figure is not yet confirmed. Image: People enjoy the warm weather in Folkestone, Kent, in July. Pic: PA If it is confirmed, 2025 will be only the second year in observational records where the UK’s annual mean temperature has…

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Vince Zambella, one of the creators behind best-selling video game series Call Of Duty, has died.Video game maker Electronic Arts (EA) said the 55-year-old died on Sunday but did not disclose a cause of death. It was reported he died in a car crash in Southern California.The single-vehicle collision involving a Ferrari happened in the San Gabriel Mountains at about 12.45pm local time, according to NBC Los Angeles.Zampella founded Respawn Entertainment, a subsidiary of EA, in 2010 and he was the former chief executive of video game developer Infinity Ward, the studio behind the Call of Duty franchise.An EA spokesperson…

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Briefing the Security Council on Monday, senior UN political and humanitarian officials described a sharply deteriorating security and humanitarian situation marked by indiscriminate attacks, expanding territorial gains by the Rapid Support Forces (RSF), and escalating dangers for civilians, aid workers and peacekeepers.The conflict erupted in April 2023 amid a power struggle between the Sudanese Armed Forces (SAF) and the RSF. Since then, fighting has spread nationwide, devastating cities, displacing millions and pushing parts of the country – including areas of Darfur – into famine conditions.Assistant Secretary-General for Political Affairs Khaled Khiari said fears that the dry season would bring intensified…

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An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025.Greg Baker | Afp | Getty ImagesAsia-Pacific markets were set to open higher Tuesday, after AI trade lifted major Wall Street indexes overnight. Nvidia shares rose more than 1% after Reuters said the company was looking to start shipments of its H200 chips to China by mid-February. Micron Technology climbed around 4%, while Oracle advanced more than 3%.Australia’s S&P/ASX 200 rose 0.36% in early trade, on pace for a fourth straight day of gains. Japan’s Nikkei 225 was likely to open higher, with its futures contract…

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More than 4.6 million people across the country, roughly a quarter of the population, are impacted, according to local authorities. “Partners indicate that at least 120,000 people were displaced between September and December, as water prices soar, food becomes increasingly scarce, livestock die and livelihoods collapse,” OCHA said in an update. Additionally, more than 75,000 students nationwide have been forced to drop out of school. Conditions expected to worsen The upcoming dry season from January to March is expected to worsen drought conditions, OCHA said, warning of impacts such as increased water scarcity, more livestock deaths, and the potential for greater food insecurity in many parts of the country. “Authorities are appealing for urgent assistance to avert a possible collapse of pastoral…

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The U.S. economy is clearly losing momentum — but that does not necessarily spell an imminent recession, according to Ben Gutteridge, market insights strategist at Invesco. “I’ve no doubt the U.S. economy is slowing,” Gutteridge told CNBC’s “Squawk Box Europe” on Monday. With job creation beginning to cool, he acknowledged that some investors see the current backdrop as the phase that often precedes a downturn. However, outlining Invesco’s broadly positive stance on U.S. equities, Gutteridge said he is “at ease” with the current market trajectory, arguing that the slowdown is more nuanced than the recession narrative suggests. “We would suggest…

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Senior UN political and humanitarian officials are set brief the Security Council this afternoon as members meet to discuss the rapidly deteriorating situation in Sudan, where intensified fighting – including in the Kordofan region – has driven widespread civilian harm and displacement. The region has seen a sharp escalation, including a deadly drone attack on a UN peacekeeping base that killed six Bangladeshi peacekeepers. The meeting was requested by Sudan and Transitional Prime Minister, Kamil Eltayeb Idris, is expected to attend. Follow live below and UN News app users can click here. Source link

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BBC Verify has been investigating the US Coast Guard’s “active pursuit” of a ship – believed to be the Bella 1 – in international waters off the coast of Venezuela. The oil tanker issued distress signals while moving northeast from the Caribbean into the Atlantic.US authorities have already seized two oil tankers this month – one of them on Saturday.The Trump administration has been increasingly focused on Venezuela in recent months, accusing it of “stealing” oil and using oil revenues to fund criminal activity. Venezuela rejects the accusations, calling the US tanker seizures illegal acts of “international piracy”.The BBC’s Analysis…

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Spain’s Christmas lottery has been welcomed as an “injection of hope” in the northwest of the country, where the jackpot handed out hundreds of millions of euros just months after wildfires had caused devastation.Most of the first-prize-winning tickets in the lottery, known as El Gordo, had been bought by people in small towns in the province of León. A single ticket, or décimo, costing €20 (£17), is worth €400,000 (£349,484) if it bears the winning number, in this case 79432. Décimos come in strips of 10 and when many strips of the same number are sold to a group of…

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Russia has intensified its strikes on the southern Ukrainian region of Odesa, causing widespread power cuts and threatening the region’s maritime infrastructure.Ukrainian Deputy Prime Minister Oleksiy Kuleba said Moscow was carrying out “systematic” attacks on the region. Last week, he warned that the focus of the war “may have shifted towards Odesa”.President Volodymyr Zelensky said the repeated attacks were an attempt by Moscow to block Ukraine’s access to maritime logistics. Earlier in December, Russian President Vladimir Putin threatened to sever Ukraine’s access to the sea as retaliation for drone attacks on tankers of Russia’s “shadow fleet” in the Black Sea.”Shadow…

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Captagon, a highly addictive stimulant, has been circulating illegally from the Middle East to Africa and back with 80 per cent of seizures since 2019 indicating Syria as the country of origin, according to the Office.But one year post-regime change in the country, the large-scale manufacturing of the synthetic drug has been disrupted, according to a new research brief by UNODC.“While the drug market expanded in recent years it divided the region, but the need for action is now bringing it together,” said Bo Mathiasen, UNODC Director for Operations, adding that countries are now sharing intelligence and running joint operations,…

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Eleven Ecuadorean soldiers have been sentenced to 34 years in prison each after being found guilty of the forced disappearance of four boys last year.The discovery of the beaten and burned remains of the four boys, aged between 11 and 15, shocked the violence-wracked nation.The court found a military patrol had picked up the boys as they returned from playing football in the city of Guayaquil, forced them to strip off their clothes, beat them and left them naked in a desolate, dangerous and abandoned location.One of the boys called his father but, by the time he arrived, they were…

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NEWYou can now listen to Fox News articles! Holiday phishing attempts surge every year, and scammers know people juggle subscriptions, gifts and billing changes. That makes a fake alert feel real for a split second. Stacey P. emailed to tell us that he received one of these messages and wrote:”I thought I should forward this message to you that I received today that was ostensibly from Netflix. Without clicking on any links, I called Netflix and they advised me that my account is in good standing. They asked me to forward this to them.” — Stacey P.Stacey’s experience shows how…

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